What does Section I of the Business-owners Policy cover?

Section I of the Businessowners Policy (BOP) primarily focuses on property coverage. This section is designed to protect the insured's physical assets, which typically include the building occupied by the business and personal property used in the business operations. It provides coverage for various risks such as fire, theft, vandalism, and certain types of water damage.

Through this coverage, businesses can safeguard against financial losses associated with damage or destruction to property, ensuring that they have the necessary resources to repair or replace their assets. The property coverage in a BOP is comprehensive, allowing businesses to continue operating despite unforeseen events that could otherwise halt operations.

Liability coverage, while an important aspect of a BOP, is addressed separately and falls under Section II of the policy. Inland marine coverage and workers' compensation are also not covered within Section I of the BOP. Inland marine typically pertains to the transportation of goods and may require additional policies, while workers' compensation is specifically designed to cover employee-related injuries or illnesses and is a distinct type of coverage altogether.