Property insurance covers physical assets such as buildings, equipment, and business contents.

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In this video, we explain what property policies typically cover, common exclusions, and why replacement cost, valuation methods, and endorsements matter when reviewing coverage. This policy often affects COI approval, tracking, and ongoing compliance monitoring.

Why this matters: Property insurance determines how physical assets are valued, repaired, or replaced after a loss.

Improper valuation or missing endorsements can lead to gaps that affect contractual obligations tied to asset protection. Understanding this policy helps ensure COI review and tracking reflect actual coverage requirements.