Which type of business personal property is not covered under Coverage B?

Coverage B in a commercial insurance policy typically addresses business personal property. However, the key aspect of Coverage B is that it generally protects personal property that is located on the insured premises. This includes equipment used for the business and samples or articles for sale, which are both essential for day-to-day operations. Additionally, inventory stored at a warehouse is also covered as long as it falls within the limits of the policy and is properly reported.

In contrast, property that is away from the premises typically does not have coverage under Coverage B. This means that if business personal property is located outside of the insured premises, it does not receive the same level of protection provided by the policy. This is crucial knowledge for anyone managing business insurance policies, as it impacts how businesses should plan for risk management and the types of additional coverage they may need for property that is not on-site.