Commercial Property/Landlord
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Commercial Property protects your business against the loss of company property, or the loss of use of company property. "Property" can include a variety of types: lost income or business interruption, buildings, computers, money, and valuable papers.

Commercial Property Insurance compensates the business for buildings and other structures lost or damaged and also for property like furnishings, raw materials used in manufacturing, office machines, computer systems, inventories and other company assets.  In some situations, it will also provide the money necessary to keep a business in operation while repairs are being made after a covered loss.

Property Insurance may also include coverage that compensates the company for equipment failures, removal of all sorts of debris after a fire or flood, water damage and other losses. One caution worth observing - some policies will not cover certain catastrophic events, such as terrorist attacks or other occurrences considered 'acts of God' like earthquakes or floods, without specific endorsements on the policy. Additional Coverage Options for Commercial Property

Landlord Insurance
The Landlord Policy is a special type of Commercial Property Insurance. A landlord policy is designed to provide protection for damage to a building that you own, but rent to someone else.  The building may be a single family dwelling, a multi-family residence, a condominium, an office building with single or multiple occupancies, or an industrial building.   An owner usually has an option of insuring the building for Replacement Cost or Actual Cash Value. Be careful about insuring to the proper value. The Bradley Agency can help you determine an adequate property limit.

Landlord policies do no cover your tenants’ belongings.  However, they do cover the property that you own and that your tenants might use.  For example: you may rent a furnished apartment, or you may leave some personal property on site for the maintenance of your apartments.  You will want to make sure you take an inventory of your personal property on the premises that you own in order to purchase enough landlord insurance to cover all of your belongings.  And depending on the carrier, landlord policies also include coverage for unattached buildings, personal property used to service and maintain the premises, the building equipment and fixtures, outdoor antennas, and glass that is a part of the building.

Rental Income Protection will also reimburse you for any lost rental income due to the building being damaged and uninhabitable for months.  If you rely on your rental property as a source of income, buying a landlord policy that offers this coverage is a worthwhile investment.

As a landlord, you want to make sure you have adequate personal protection for you and your assets.  You may be held liable if your tenant is injured on your property.  Whether you are liable or not, most landlord policies cover your legal fees in the event that your tenant sues you.  Your landlord insurance policy also pays in the event of a judgment against you.  It will protect your personal belonging and assets if your tenant should make a successful suit provided your policy liability limits are adequate enough to cover the damages. A landlord insurance policy also provides liability protection for personal injuries and damage to the property of others.  And, Medical Payments coverage is included in the event someone other than you, your tenants or your employees is injured on your premises.

There are two types of Landlord Policies from which to choose.
A Comprehensive Policy insures against most causes of loss including theft, except those that are specifically excluded in the policy. 
A Named Perils Policy provides protection against loss caused by fire; lightning; windstorm or hail; explosion; riot and civil commotion; vehicles and aircraft; smoke; falling objects; weight of snow, ice, or sleet; vandalism or malicious mischief; sonic boom; sprinkler leakage; freezing by temperature reduction of plumbing, heating or air conditioning systems or water damage; burglary; volcanic action; and sinkhole collapse.

Additional Coverage Options for Landlord Insurance
Blanket Property Coverage (Multiple Buildings with one limit)
Sewer and Drain Back up