Under a commercial property policy, personal business property is only covered while out in the open for how far from the described premises?

Under a commercial property policy, personal business property is generally covered while it is out in the open for a distance of 100 feet from the described premises. This coverage is designed to include property that may be temporarily situated outside the building, such as equipment or inventory. The limit of 100 feet strikes a balance between providing flexibility for businesses that may need to use their property in outdoor settings, such as retail displays or outdoor events, while also managing the insurer’s risk exposure.

This provision is specifically tailored for situations where business property may not be secured in the same way as property within the premises. Understanding this limit is crucial for business owners as they navigate their insurance needs and plan for potential risks associated with having property outside their main structure.