Business personal property (BPP) insurance can help replace your lost income if your business has to temporarily close for a covered reason. It can also cover the equipment, furniture, fixtures and inventory that you own, use or rent inside your workspace. If you turned your building or workspace upside down, most of the stuff that would fall out would be the kinds of things BPP covers, including:
- Equipment and supplies
- Inventory
- Electronics
- Furniture
Your business personal property coverage limit is the total value of things your business owns, including equipment, electronics, furniture, installations, inventory, etc.