Property insurance provides financial reimbursement for losses of owned or leased buildings, business equipment and business personal property as a result of covered perils, including property in transit. Property includes boiler and energy systems coverage for damage or certain types of mechanical breakdown that occur within the covered object. Covered objects may include boilers, refrigeration equipment, and HVAC equipment.
Policies have limits and sub-limits, conditions and exclusions for property types, in transit and contents as detailed in the policy.
Types of Property Insurance Coverage
- Major Property
- Property in Transit
- Personal Property
- Fine Art
- Inland Marine
Use the section navigation to read more detailed information about types of coverages, limits, and deductibles.