Business Personal Property / Contents Claims in New England

Business personal property (BPP) — sometimes called contents — covers the equipment, inventory, furniture, fixtures, and improvements your business owns or is responsible for. After a covered loss, valuing it correctly is a project: a detailed inventory of what was damaged or destroyed, its condition, and its replacement value, matched to how your policy pays (replacement cost vs. actual cash value).

A complete BPP claim covers the full valued inventory, pursued at the recovery level your policy provides, plus tenant improvements and betterments where applicable.

BPP is underpaid through depreciation and documentation. Carriers apply aggressive depreciation, dispute values without perfect records, and settle at actual cash value while a policyholder who doesn't push loses the replacement-cost difference. Reconstructing a complete, valued inventory after a major loss is time-consuming and easy to under-do — which is exactly what carriers count on.

We build the detailed, valued inventory that supports replacement-cost recovery where your policy allows it, document condition and value properly, and pursue tenant improvements and betterments that get overlooked. We carry the inventory-building burden so the claim reflects what it actually costs to make your business whole.

Your equipment and inventory are often the biggest depreciable part of a commercial claim. We build the valued inventory that supports full replacement-cost recovery — not a depreciated settlement.