Business Personal Property Insurance 

Explore BPP Insurance for Equipment, Inventory, Furniture & More

Your equipment, inventory, furniture, and supplies are essential to daily operations, and vulnerable to damage or loss. With business personal property insurance (BPP insurance), you’re covered if fire, theft, or other covered events impact your physical assets. Whether you run a storefront, office, or work from home, BPP helps protect the tools that keep your business running. 

What Is Business Personal Property (BPP) Insurance? 

Business personal property insurance, often included in commercial property insurance, protects a business’s movable physical assets from damage, loss, or theft. It helps cover the cost to repair or replace items essential to daily operations. 

What Business Personal Property Insurance Covers 

This type of insurance covers the movable items a business relies on to operate day to day. 

Examples of this type of coverage include electronics and office equipment, tools and machinery, inventory and supplies, and furniture and fixtures.

Why Is BPP Insurance Important? 

This coverage helps protect a business from financial loss when essential property is damaged, lost, or stolen. 

• Protect essential business assets 

• Reduce out-of-pocket repair or replacement costs 

• Support business continuity after a covered loss 

Business Personal Property (BPP) Insurance Coverage

BPP is usually not purchased on its own. It is most often included as part of a Business Owner’s Policy. 

What a Business Owner’s Policy Includes  

A Business Owner’s Policy bundles three key coverages into one policy: 

• General liability insurance – covers claims involving bodily injury or property damage to others 

• Commercial property insurance (includes BPP coverage) – protects movable business property and physical assets 

• Business income insurance – replaces lost income if a covered event forces a temporary closure 

What Business Personal Property Insurance Does Not Cover

This type of insurance does not cover all types of property or losses, and some items require separate insurance policies or endorsements. 

It typically does not cover: 

• Buildings or permanent structures 

• Vehicles used for business purposes 

• Property owned by customers or third parties 

• Flood or earthquake damage without added coverage 

• Normal wear and tear or gradual deterioration 

• Intentional damage or employee dishonesty 

Common Claim Examples 

These examples show common claims covered by business personal property insurance and BPP insurance. 

• Fire damages business personal property such as office furniture, equipment, or inventory 

• Theft of inventory, tools, or other covered business personal property 

• Water damage to electronics, equipment, or supplies used for business operations 

• Vandalism causing damage to covered business personal property at a storefront or office 

How To Get A Business Personal Property Insurance Quote 

Your Gild Insurance Agent is here to understand your business and find the right coverage tailored to your needs.

For a free, online quote in minutes, try out Gildber! The fast, hassle-free option for a business insurance. 

Frequently Asked Questions

What is business personal property insurance?

BPP helps protect the physical items your business owns, like furniture, equipment, tools, inventory, and supplies. It covers these items if they are damaged, destroyed, or stolen due to a covered loss.

What does business personal property insurance cover?

This coverage can include equipment, furniture, inventory, electronics, and other movable business property. Coverage typically applies to items inside your business space and may extend to certain off-site property, depending on the policy.

Do I need business personal property insurance if I rent or lease my space?

Yes. Even if you rent your space, your landlord’s insurance usually does not cover your business-owned property. It helps protect the items you rely on to operate every day.

How much does business personal property insurance cost?

The cost depends on the value of your property, your industry, location, and risk factors. Coverage limits and deductibles also affect pricing.