Business Personal Property Insurance
Everything inside your business, protected.
Business Personal Property (BPP) insurance covers the movable property your business owns and uses — the contents, equipment, inventory, furniture, and improvements inside your premises. If the building itself is your landlord's concern, the things inside it are yours — and that's exactly what BPP protects.
What It Covers
Coverage That Fits Your Property
Business Personal Property (BPP) insurance covers the movable property your business owns and uses — the contents, equipment, inventory, furniture, and improvements inside your premises. If the building itself is your landlord's concern, the things inside it are yours — and that's exactly what BPP protects.
BPP is the core of most commercial property programs and is frequently purchased inside a Business Owner's Policy (BOP). The single most important decision in a BPP policy is how your property is valued at claim time — Actual Cash Value (depreciated) or Replacement Cost — and that choice can be worth tens of thousands of dollars after a loss.
Contents & furniture
Office furniture, fixtures, decorations, and supplies your business owns.
Equipment & machinery
Computers, tools, machinery, and production equipment used in your operations.
Inventory & stock
Inventory, raw materials, work-in-process, and finished goods held for sale.
Tenant improvements
Leasehold improvements and betterments you've made to a rented space.
Off-premises property
Coverage options for property temporarily away from your listed location.
Debris removal & extra expense
Costs to remove debris and extra expenses to get back to business after a loss.
The valuation decision most businesses get wrong
BPP can be settled at Actual Cash Value (ACV) — replacement cost minus depreciation — or at Replacement Cost (RC), which pays to replace the item new. ACV policies cost less but pay dramatically less after a loss; a five-year-old computer or machine may be worth a fraction of what it costs to replace. We help you choose the right valuation for your property and budget, because this one decision drives almost everything about how a BPP claim gets paid.
How business personal property insurance is priced
BPP premium is driven by the total value of the property insured, the valuation basis (ACV vs RC), your industry and occupancy, the building construction and protection (sprinklers, alarms), your deductible, and your claims history. A small office or retail store often pays a few hundred to a couple thousand dollars per year; inventory-heavy and high-value-equipment businesses scale higher. BPP inside a BOP is frequently the most cost-effective structure.
Common Endorsements & Add-Ons
- Replacement cost valuation. Settles losses at the cost to replace property new — no depreciation deduction.
- Off-premises coverage. Extends protection to property temporarily away from the listed location.
- Equipment breakdown. Covers mechanical and electrical breakdown of covered equipment.
- Business income / extra expense. Covers lost income and added costs when a covered loss shuts you down.
BPP Overview FAQ
BPP Overview — Your Questions
BPP covers the movable property your business owns and uses — contents, furniture, equipment, machinery, computers, inventory, stock, and tenant improvements. It covers these against covered causes of loss like fire, theft, wind, and vandalism. It does not cover the building itself, vehicles, or certain excluded causes.
BPP is the contents/equipment side of commercial property. Commercial property insurance can cover the building (real property), the business personal property, or both. If you own the building you need building coverage plus BPP; if you lease, BPP covers your contents and improvements while the landlord insures the building.
Replacement Cost (RC) pays to replace your property new and is almost always the better choice for items that depreciate fast (computers, equipment, furniture). Actual Cash Value (ACV) costs less but pays replacement cost minus depreciation, which can be far less than you need to recover. We help you choose based on your property and budget.
Ready to Cover Your BPP Overview?
Get a specialized BPP quote. We shop A-rated carriers and structure the right limits and valuation — usually within one business day.