In a Commercial Policy, what is the distance from the premises for personal property coverage?

In a Commercial Policy, personal property coverage typically extends to property located within 100 feet of the insured premises. This coverage is designed to protect personal property that may not be stored directly on the business property but is in close proximity, which can include items like inventory, machinery, and outdoor furniture. The 100-foot distance ensures that businesses have coverage for items that are accessible to them and necessary for their operations, even when they are not physically located on the insurable premises.

This distance is an important factor in risk assessment and management for commercial insurance, as it helps to address potential loss or damage to valuable resources that might be positioned just outside the main building, particularly in retail and industrial settings. This limit is set to balance the need for coverage with the insurer’s risk exposure, providing a clear boundary within which personal property can be safeguarded.