Insuring your property, especially when you have leased it to a commercial enterprise, will protect your property against damage to the structure or other pitfalls that may befall the company that has taken your property on rent. The lessee can also take a cover on its own and then negotiate with you for a deduction on the rent that it pays. In case the property is being used as a residence, the cover cannot be taken for the house itself but only for the contents inside the premises.
