Commercial Property vs General Liability Insurance?

Commercial property protects what your business owns—your building, equipment, and contents—when a covered cause like fire damages them. General liability protects you when someone else claims your business injured them or damaged their property. Most businesses need both, and a BOP (businessowners policy) packages them together.

The line matters for customer property. If a customer’s goods are damaged while in your care, you need property-of-others coverage on your property policy; if the customer sues you for damaging them, that’s a liability question. A certificate or contract requirement doesn’t expand either policy, so check each policy’s insureds, covered property or claims, limits, deductibles, exclusions, and locations.