The building and personal property (BPP) coverage form is a commercial property coverage form that is widely used to cover a direct physical damage loss to commercial buildings and business personal property.
The insured selects the property to be covered. Covered property can include the following:
Named insured’s business personal property
Personal property of others in the care, custody, or control of the named insured
For any of these coverages to apply, the declarations page must show a limit of insurance for that category. Depending on its needs, a business firm can elect one or all three coverages.
The form covers the building described in the declarations ...