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Commercial Property Insurance refers to any type of Commercial Insurance that covers loss to a Property.
In general, most of the Insurances related to Commercial Insurance are related to Property Insurance with the exception of Commercial Liability Insurance. As a specific term, Commercial Property Insurance is used to describe Insurance covering Commercial Buildings and its Contents against loss caused by fire, windstorm and other perils.
Commercial Property Insurance in general provides little, if any coverage for property in transit or otherwise away from the Insured location and omits most crime related perils as well as steam boiler explosion and mechanical breakdown.
About the Author: Ahsan Bashir is an experienced Tax Consultant based in Irving, Texas, with over 25 years of expertise spanning Taxation, Accounting, Business Lending and Mortgage, Risk Management, Business Insurance, and Business Consulting. Through his firm, Z-Tax & Accounting, he provides comprehensive financial services including Individual and Business Tax Preparation, Bookkeeping, Payroll Processing, and Business Consulting. As an Enrolled Agent authorized to practice before the Internal Revenue Service (IRS), and an IRS Certifying Acceptance Agent (CAA), Ahsan Bashir delivers trusted, professional solutions tailored to the unique needs of both individuals and businesses.
NMLS: 1965714, NPN: 7702637, PTIN: P01280330, TX Online SOS Notary ID: 126282896
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