Define Commercial Insurance. Commercial insurance is a contract between an insurer and a business owner whose purpose is to minimize the risks of a business owner. Specialty insurance is designed to cover rare and/or expensive specialty items or events.
Commercial property insurance covers your building, everything in it and just outside of it, including: Commercial general liability insurance helps cover claims that. Commercial fire insurance, as part of your commercial property insurance policy, covers your building, the contents of your building, and the property of others in your care.