Business owner’s property coverage may be purchased with which type of coverage?

Business owner’s property coverage can be purchased with either standard or special coverage. Standard coverage typically covers risks that are explicitly listed in the policy, providing a more basic level of protection. On the other hand, special coverage provides a broader scope of protection, covering all risks except those specifically excluded in the policy. This flexibility allows business owners to choose the level of coverage that best fits their needs, depending on their risk management strategies and the nature of their operations.

The other types of coverage mentioned, while relevant to certain contexts, do not specifically relate to the types of coverage available for business owner's property coverage. For example, actual cash value versus replacement cost pertains to how a claim is settled rather than the type of coverage available. Similarly, primary versus excess coverage involves the hierarchy of insurance payouts rather than the foundational coverage types applicable to business owner policies.