Your Business
BOP Property Limit Check
Under-insure a commercial building and the policy pays less on every claim, not just the big ones. See how the clause works on your figures.
Calibrate
Drag to set each value — estimates are fine.
Replacement value, not market value or what you paid. Leave at zero if you rent your premises.
From your declarations page.
Stock, equipment, furniture, fittings — what it would cost to replace.
Often labelled BPP on the declarations page.
On the declarations page next to each property limit. This one clause decides everything below.
Most commercial property claims are partial, which is exactly where coinsurance bites.
ICC Team
Insurance Confidence Center
A number is a starting point. Walking through what it means for your actual policy is the part that changes anything.
What this means for you
Get a plain-English summary of your reading.
Levers that move this
- Cost to rebuild the building today
- Building limit on your policy
- Value of business personal property
- Business personal property limit
- Coinsurance percentage on the policy
- Size of the partial loss to illustrate
Drag these dials above to see the effect instantly.
Get the full write-up
The assumptions behind the figure, the method, and the disclosures that go with it.