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Is business personal property stored in a warehouse or on a sale at a craft consignment shop covered?

April 26, 2017Business consignment Covered craft Property sale stored warehouse

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Is business personal property stored in a warehouse or on a sale at a craft consignment shop covered?

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Yes. $1,000 of Business Personal property Off-Premises Coverage is automatically included in the policy. Coverage applies to covered property, other than money and securities, while it is in course of transit or temporarily stored at a premises you do not own, lease, or operate. The $1,000 limit may be increased for an additional premium.