In a commercial property policy, is there insurance for others who have their property entrusted, true or false?

In a commercial property policy, the coverage typically includes protection for the insured's own property but may not extend to property owned by others that is merely entrusted to the insured. Generally, a commercial property policy does not provide coverage for the personal property of others, unless specific provisions are included.

While some policies might have limited coverage for property of others under certain circumstances, the standard approach is that the policyholder's responsibility for property that belongs to others is not automatically covered. Therefore, stating that there is insurance for others’ property that is entrusted to the policyholder is false, as such coverage is not typically part of standard commercial property policies unless specifically endorsed or included in the terms.

Understanding this distinction is important for business owners and insurance professionals, as it helps in assessing risks and ensuring proper coverage through additional endorsements or separate policies if needed.