What is one recommended property extension for commercial properties?

Debris removal coverage is a recommended property extension for commercial properties because it ensures that a business can manage the costs associated with the removal of debris from a site after a loss. When a commercial property suffers damage due to a covered peril, there often is a significant amount of debris that must be cleared away before repairs can begin.

This coverage is critical because it addresses the costs of removing not just the damaged property but also any unwanted materials that may hinder the restoration process. Without debris removal coverage, businesses might face substantial out-of-pocket expenses that could impact their ability to recover from a loss efficiently.

While fire coverage, basic liability, and temporary relocation coverage are also important in their own rights, they serve different purposes. Fire coverage protects against losses from fire, basic liability covers legal responsibilities toward third parties, and temporary relocation coverage helps businesses cover extra expenses if they need to move to a different location while repairs are being made. However, debris removal specifically addresses a direct expense that arises in the aftermath of a loss, making it a practical and essential extension for commercial properties.