Property insurance

An additional insured is a business, individual, or other entity included in a general liability policy in addition to the named insured. Additional insureds are a way of extending your liability insurance coverage to another person or business.

The actual cash value is how much your business property is worth in its current state. This value is calculated by subtracting the depreciation from the replacement cost.

The average premium for tools and equipment insurance is $48 per month. Your location, coverage limits, the types of property you insure, and their value affect the exact cost of this policy, among other factors.

Find out if your company is eligible for this policy, which bundles general liability insurance and commercial property insurance at a discount.

The average premium for commercial property insurance is $108 per month. However, your coverage limits, the size and condition of your building, and property value affect the exact cost of this policy, among other factors.