Commercial property insurance is a type of insurance designed to protect businesses from financial losses due to damage or loss of their physical assets. This can include buildings, equipment, inventory, and other property used in the operation of the business. Coverage typically includes risks such as fire, theft, vandalism, and certain natural disasters. Businesses often purchase this insurance to ensure they can recover quickly from unexpected events. Policies can be customized to fit the specific needs of a business, taking into account factors like location, industry, and the value of the property being insured.