Which coverage is typically not included in a Commercial Property policy when it comes to Additional Coverage?

The typical exclusions in a Commercial Property policy regarding additional coverage often include limitations on specific types of property or scenarios. In this context, newly acquired locations for up to 60 days generally refers to coverage that can be added but may not be automatically included as part of the basic policy.

Additional coverage options like business personal property, debris removal, and personal effects are usually included, either expressly or as part of standard policy enhancements. Coverage for newly acquired locations, however, may require that the insured notify the insurer within a specific timeframe or may require endorsement to ensure that the property is adequately covered beyond the provision typically found in the base policy.

Understanding what is typically included as additional coverage helps agents clearly communicate the terms of the policy to clients and ensure that all necessary endorsements are in place for comprehensive coverage.