that is used for business purposes.
Commercial property is often referring to buildings that is used for business purposes, however it may also refer to land and large residential rental properties that are used to generate profit.Commercial Property Insurance is designed to cover this type of properties.
Commercial property insurance coverage differs from one insurer to another. There are couple of coverages you will need to consider, building coverand general liability cover. Depending on your need and what you can afford, you may only need basic cover, or it may be necessary for you to obtain comprehensive cover.