What does 'property coverage' in business insurance primarily include?

Property coverage in business insurance primarily includes protection for tangible or physical assets that a business owns. This encompasses buildings, machinery, equipment, inventory, and any other physical items that are critical for the business operations. By safeguarding these assets, property coverage helps to mitigate financial losses that could arise from events such as fire, theft, or natural disasters.

The other options identify different types of coverage. Intangible assets like patents and trademarks are best covered under intellectual property insurance, which is primarily focused on the legal aspects of ownership and protection of non-physical assets. Employee-related risks and liabilities typically fall under general liability or workers' compensation insurance, which deal with injuries and liabilities associated with employees or clients. Lastly, cybersecurity breaches and data loss are specifically addressed by cyber liability insurance, which is designed to protect against the financial repercussions of data breaches and cyberattacks. Thus, these options focus on different facets of insurance that do not specifically relate to tangible assets, reaffirming that property coverage is uniquely focused on physical property.