Who in New Hampshire needs business property insurance?
Any entity that owns commercial property in New Hampshire should consider business property insurance. Policies are available for most types of property. For example, coverage is usually readily available for shopping centers, restaurants, office buildings, manufacturing plants, warehouses, agricultural properties and other most other properties.
Sometimes commercial property coverage might alternatively be purchased for large assets that aren’t buildings. For example, there might be policies for major machinery, equipment or inventory.
When a property is financed, lenders frequently require insurance so that their financial interest is protected even if something happens to the property. Coverage is strongly encouraged regardless of lender requirements, though.