A commercial tenant (not the building owner) suffers a fire loss in their leased space. Their equipment and inventory are destroyed. What coverage would address their loss?

COMMERCIAL PROPERTY FOR TENANTS: BPP (Business Personal Property): Covers the insured's own contents: furniture; fixtures; equipment; machinery; inventory/stock; DOES NOT COVER: The building (owner's responsibility unless tenant is responsible per lease); property of others in the insured's care (covered under Bailee's Customer or specific inland marine); TENANT'S IMPROVEMENTS AND BETTERMENTS: If the tenant installed improvements (built-in shelving, upgraded HVAC), these become part of the building but represent a loss to the tenant — BPP endorsement or separate coverage is needed for T&B; ADDITIONAL COVERAGE TENANTS NEED: Business income (lost revenue during restoration); general liability; equipment breakdown; LEASE REVIEW: Commercial leases often specify what each party insures and may include indemnification provisions — tenants should have their lease reviewed by an agent to confirm adequate coverage.