The Terrorism Risk and Insurance Act (TRIA) requires owners of certain types of commercial property which might attract terrorism to offer business owners the opportunity to buy coverage against terrorist attacks. The TRIA also requires Business Owner Policies (BOPs) to offer terrorism insurance in BOP packages. Small business owners are not required to have TRIA coverage. Under the Act, commercial insurers are required to offer coverage against terrorist incidents.

Boiler and Machinery Insurance

Provides coverage against the sudden loss or breakdown of machinery or equipment. These include electrical systems, refrigeration and air conditioning systems, mechanical equipment, modern office equipment such as computers in addition to heating systems your company uses. It is designed to reimburse you for property damage like water for example, and business interruption losses which can be linked as a result of the accident damage. If your production depends on a machine or a piece of equipment you should it insured. If there is a potential for loss of income, incurring extra expenses, such as utility services, or consequential loss such as spoilage, these can be covered through endorsements.

Debris Removal Insurance

Policies with a debris removal provision typically only cover debris resulting from an insured peril during the policy period. Most property insurance policies include payments for debris removal as an Additional Coverage. The insurer promises to pay your expenses to remove debris of covered property caused by or resulting from a covered cause of loss that occurs.

Commonly used policy language provides for a maximum amount of coverage equal to 25% of the amount paid for the direct physical loss, plus 25% of the amount of the deductible. If this amount is insufficient to cover the cost of debris removal, or the sum of the amount of direct physical loss plus debris removal exceeds the applicable limit of insurance, an additional $10,000 per occurrence is available to cover debris removal under the “limits of insurance” section of the policy with this typical term. For example: a 1-million-dollar coverage limit with a $10,000 deductible would provide $250,000 in direct debris removal and another $2500 of the deductible amount. Calculating the amount of coverage necessary should include the type of construction, hard cost to dispose, access for machinery and equipment, environmental impact potential.

Builder's Risk Insurance

Often written on a short-term basis, ranging from three to twelve months, Builder's Risk Insurance covers buildings while they are being constructed or renovated. It provides coverage to general contractors and other professionals who have insurable interest in materials, equipment, and fixtures used in construction projects, should those items sustain physical damage. This is because a general contractor can be held accountable for damages due to perils such as theft, vandalism, wind and fire until the improvements are installed and become the owner’s property.

Glass Insurance

An additional property insurance policy coverage for the breakage of plate glass and building glass regardless of cause. The standard property insurance policies provide very limited coverage for glass breakage, typically while situated at the insured's premises from any cause other than those specifically excluded in the policy.

Fine Arts Coverage

Artwork, collectibles, and similar items qualify as covered property under a standard Commercial Property Policy and will be insured on an actual cash value basis. However, many policies contain provisions that limit coverage for such property. Therefore you should not rely on your commercial property policy to cover valuable artwork. To protect your business against losses, you'll need to purchase Fine Arts Insurance. This coverage is often added to a Commercial Property Policy by an endorsement. It may also be written by itself as a separate policy. A fine arts form or endorsement is often referred to as a Fine Arts Floater.

Inland Marine insurance

Meant to help protect business property that is in transit or movable, shipped, used for transportation, held for someone else, stored by a vendor, or used in communication purposes. Special coverage includes:

Bailee’s Coverage

Protects the client’s property entrusted to the care of your business. Any type or kind of this of transaction is called a bailment. Businesses that work on, service or hold customers’ possessions can cover losses to customers’ property due to perils including fire, lightning, theft, burglary, robbery. Businesses such as cleaners, repairers, warehouses, hospitality organizations and transporters.

Builder’s/Contractor’s Coverage

An installation floater and or equipment floater covers your materials, tools and equipment while you take them to and from a project site. It is also known as tools and equipment coverage.

Completed Operations

Provides coverage for a contractor's liability due to property damage or injuries to a third party once the contracted operations are completed. Construction products and the manufacturing of consumer goods and medicines should also carry completed operations insurance.

Exhibition and Fine Art Coverage

Keeps valuable items protected while on exhibit, in transit, or on loan.

Malpractice Insurance

Also called "Professional Liability Insurance" or "Errors and Omissions Insurance," Malpractice Insurance pays for losses resulting from injuries to third parties caused when a professional's conduct falls below the profession's standard of care. A malpractice policy will pay defense costs and any judgment or settlement. Professional Liability Insurance is for doctors, dentists, accountants, real estate agents, architects, and other professionals.

Business Interruption Insurance

An additional insurance coverage that replaces lost business income as a result of an event that interrupts the operations of the business, such as a civil action, fire or a natural disaster. The loss or damage must be caused by or result from a covered cause of loss. Business interruption insurance is not sold as a separate policy, but is either added as an endorsement to the insured’s Property and Casualty policy or included in a Comprehensive Package policy. This insurance would reimburse you for wages, taxes, rents, and net profits that would have been earned and extra expenses incurred during the interruption period.

Ordinance or Law Insurance

Provides coverage for loss to the undamaged portion of the building, demolition cost coverage, and increased cost of construction coverage. Typically unendorsed, standard commercial property insurance forms do not cover the loss of the undamaged portion of the building, the cost of demolishing that undamaged portion of the building, or the increased cost of rebuilding the entire structure in accordance with current building codes Additionally that coverage contained in the policy is just limited to $10,000 or 5% of the building limit. Ordinance or law insurance covers the costs associated with having to demolish and rebuild to code when your building has been partially destroyed (usually 50 percent), or if a local ordinance requires that the building be completely demolished and rebuilt according to current building codes. Property insurance covers only the replacement value, not the upgrade.

Tenant's Insurance

Provides protection coverage for a tenant’s business interest and liabilities to landlords and customers. Commercial leases often require tenants to carry and maintain insurance that protects both the landlord’s investment in the commercial property and from any liabilities that may arise during the tenancy.

A commercial tenant’s policy covers damages to improvements you make to your rental space and damages to the building caused by your employees. As a commercial tenant you need to ensure that at the very least your policy covers you for your obligations under your lease, and that your policy covers you for things that are important to you in running your business. These should be things such as Business Interruption, Stock and Contents, Theft, Liability, Machinery Breakdown, and items covered under an Inland Marine policy.

Crime Insurance

Designed to protect a business from losses due to third party fraud or employee dishonesty. It covers property crimes such as forgery, theft, burglary, and robbery of money, securities, stock, and fixtures from employees and outsiders. It might also cover kidnap, ransom, and extortion or computer fraud.

Fidelity Bonds

Provide insurance for your company against employee dishonesty and theft. If a bonded employee embezzles funds, the Fidelity Bond will reimburse your company for losses.

Surety Bond or Indemnity Bond

Protects a third party. A Surety Bond would protect your customers in the case of unethical or illegal behavior or business practices and for any legal/financial issues that might arise as a result of wrongdoing by the contractor.

Performance Bond

A guarantee that a construction project will be completed to the terms specified in the bond, and the satisfaction of the project owner.