Additional commercial property insurance policies are needed for which type of business property?

The correct choice is the building because additional commercial property insurance policies are specifically designed to protect structures used for business purposes. While personal property, liability coverage, and inventory should also be insured, different types of coverage would apply to those categories.

When it comes to commercial buildings, insurance policies cover the physical structure, ensuring that any damage from risks like fire, vandalism, or certain natural disasters is accounted for. This coverage is crucial because businesses rely on their physical premises for operations, and damage to the building could lead to a significant financial loss.

Additional policies might be necessary to extend coverage to certain risks or to increase the limits of coverage for high-value structures, which is not the case for personal property or inventory, for example. Instead, those items are usually covered under separate types of policies or riders. Liability coverage is also fundamentally different as it deals with legal responsibilities rather than physical property. Thus, focusing on buildings provides essential protection and peace of mind for business owners.