Business Personal Property, or BPP, refers to coverage for tangible property that is not classified as real property such as buildings. Such property can include inventory, equipment, furniture, and improvements & betterments.

Building coverage refers to coverage for damage to building and structures owned by the insured for covered perils.

Business Income is a coverage within a property policy that provides for replacement of lost business income related to an insured property loss. A typical example would be the loss of use of an insured location, such as a retail location, due to insured damages pr loss.

Extra Expense coverage covers additional expenses that a company would not otherwise have incurred in order to maintain operations after a loss. Consider relocation after a loss of business premises, and associated costs during relocation as items related to extra expense coverage.