Realty insurance provides coverage designed to protect business’s physical assets of rented or owned real estate against loss or damage from a variety of causes. These risks could include natural disasters such as fire, earthquakes, water damage, or other threats like vandalism and malicious acts. Businesses that may require realty insurance include condominiums, apartments, and townhouses, office buildings, and retail businesses. A realty package provides not only liability coverage, but property coverage, and can include equipment breakdown, cyber insurance, flood, earthquake, and business interruption. Some of the items covered by a realty insurance policy could include equipment, inventory, computers, windows, lighting systems, and office furniture and fixtures.
