Skip to ContentSkip to Footer

The Ins and Outs of Business Contents Insurance

African American woman walking inside her business building

Your business contents are items belonging to your business that are not permanently attached to the building. They may include small items, such as laptops and mobile phones, or furniture, office equipment, raw materials, or large machinery. No matter the size or nature of your enterprise, the loss of some or all of these essential items could significantly disrupt your operations. 

Business contents insurance is designed to provide protection against such a loss. This coverage is included in property insurance policies. It is also known as commercial contents insurance or business assets insurance. 

Items Covered By Business Contents Insurance

Purchasing business contents coverage involves listing and valuing items to be insured. Coverage is typically available for:

  • Furniture: Bookshelves, desks, tables, chairs
  • Fixtures and fittings: Lighting, flooring, kitchen utensils, appliances
  • Office equipment: Computers, printers, scanners, copiers
  • Manufacturing tools and equipment: Tools and equipment for producing or packaging goods
  • Personal belongings: Items belonging to employees or clients in the building

Categories of Covered Items

For business contents insurance purposes, your business property fits into one of two categories – contents or mobile equipment. In addition, the property of others may be specified, if routinely housed by your business. Generally, mobile equipment is more costly to insure because it may move off the site and be exposed to greater risks. Mobile equipment is covered while off-site, but contents are not. If your business owns only a few items of mobile equipment that remain on the premises, you may have the option to insure these items as contents. 

Covered Events Under Business Contents Insurance

Most providers cover business contents that are destroyed or damaged due to:

  • Fire
  • Flooding
  • Theft
  • Explosions
  • Extreme weather
  • Natural disasters
  • Malicious damage

Types of Business Contents Coverage

There are two basic types of business contents insurance:

  • Replacement as new: The policy will pay to replace a lost or damaged item with a new one.
  • Indemnity: With this type of coverage, the insurer pays for the cost of replacing the item at current market value, factoring in wear and tear and depreciation. 

How To Value Your Business Contents

When purchasing business contents coverage, make sure your business assets are insured for replacement value rather than purchase price. If you stock more materials, products, or other items at certain times of the year, make sure those contents are covered. Be certain you are not underinsured, as that could prevent you from reopening following a disaster. 

Coverage for Income Reduction With Loss of Contents

Business contents insurance only covers damage to or loss of the contents of the business. When an event occurs that destroys business equipment and materials, it can seriously interrupt operations and reduce business income. For protection against that type of loss, you need business interruption insurance. 

Professional Guidance For Business Insurance Needs

It is more important than even these days to insure your business against losses. Our knowledgeable agent can go over your business policies with you and help ensure you have the coverage you need at the best available rates.

Get A Quote

By clicking the "GET QUOTE" button below, I expressly consent to receive emails, calls and/or text messages, for marketing purposes, regarding insurance quotes, or other products and services on behalf of Insurance Line One LLC. using my provided telephone number (including any wireless number) even if it's on a federal, state or corporate do-not-call list. I acknowledge calls may be pre-recorded messages using artificial voice and/or placed using an automated telephone dialing system. I understand consent is not required to purchase and that I may revoke my consent at any time. Applicable text messaging rates may apply. Message frequency varies based on user interactions. Text HELP for customer care. Text, STOP to opt-out of SMS. I agree to the Privacy Policy and Terms of Service provided.
This field is for validation purposes and should be left unchanged.

Customer Reviews

Very easy and helpful!

Jason C

My experience was very helpful and satisfying.

Shirley H

5 Stars!

Harriet H

Amazing people...

Erik S

Very polite and courteous.

David C