Commercial Buildings, Offices, Malls, Factories, Warehouses etc. and their contents are exposed to Acts of God, fire, explosions, riots etc. Property Insurance protects a policy holder from financial repercussions of losses to assets like buildings, plants & machinery, stocks, electronic equipment etc.
Stocks kept in cold storages can suffer deterioration following breakdown of the refrigerated machinery. A separate policy called deterioration of stocks (DOS) can be issued to cover damage to the stocks.