One of the most common types of commercial insurance policies available out there is the commercial property insurance policy. As the name entails, the latter covers you financially and protects your business' property in the event of a disaster. (Think fires, vandalism, thefts, etc.) Unless you actually rent or own a commercial property, chances are that you don't need to be covered under this property.
What about if you do rent or own a property? Then it depends on you. Of course by law you are not required to purchase this insurance policy, but many business owners in Fort McMurray decide to purchase it in order to sleep soundly at night. After all, they never know what might happen. Some people who work at home even decide to be covered under this policy in order to secure their property.
At the end of the day, it's all about your personal preference. We do, however, recommend that you discuss with your insurance broker whether purchasing this policy is a good option for you or not before completely ruling it out!