Binder – temporary contract of insurance, oral or written.
Building and Structures - covers materials, equipment, supplies, additions, and new construction.
Business Income – intended to help you cover loss of income if your business has to temporarily close due to damage caused by a covered loss.
Business Interruption – intended to provide funds necessary while a business’ operations are suspended as a result of damage caused by a covered peril. Business interruption pays a business’s net profit or loss before income taxes and continuing operating expenses, including payroll.
Business Personal Property (BPP) – including Property located in or on the buildings at the described premises or in the open (or in a vehicle) within 100 feet of the described premises. This can include property you own or lease (office furniture, equipment, and inventory), as well as tenant’s improvements and betterments.