Commercial Package Insurance Policy


The Commercial Package Insurance Policy (CPP) can be issued to include almost any type of coverage offered from auto, inland marine, professional liability, crime, property and liability. When your business risks go beyond the coverages in a BOP, the flexibility offered by a Packaged Policy provides the opportunity to design a policy that fits the specific needs of your business. It also enables you to have almost all of your coverage in one convenient package.

Most Commercial Package Insurance Policies offer expanded coverage endorsements. These endorsements provide additional coverages or increase the current base coverage for a lower premium rather than purchasing each coverage separately. After assessing your business risks and determining that a CPP is what you need, we will design a custom commercial package policy with specific coverages for your business.

Here are a few main coverages included in a typical Commercial Package Policy:

Commercial property coverages:

  • business personal property
  • leased business personal property used in your business
  • property of others left in your care for which you are legally liable
  • sales samples
  • buildings, including additions under construction, permanently installed machinery and building glass

Business personal property does not stay in one place, and neither will your coverage. Most policies cover your business personal property while at trade shows, in transit, or if temporarily at locations you don’t lease or own.

After a covered loss, your policy may pay extra costs of:

  • securing appraisals
  • taking inventory and preparing claims statements
  • recharging fire extinguishers
  • cleaning up pollutants from land and water on your premises
  • removing debris of covered property from your premises

A property loss can stop or slow down your operation until repairs are made – and that may mean a loss of income as well. You receive several business income coverages that can reimburse you for the loss of income and necessary extra expenses you may incur while trying to keep your business operating after a covered loss.

Options to Suit Your Needs

  • Utility services – provides coverage when a covered loss to a power, communication or water utility interrupts service to your premises, which then causes a covered loss to your building, business personal property or loss of income.
  • Inflation guard coverage – provides coverage for inflationary increases in your building and business personal property values. The limit of insurance on your policy automatically increases at an annual percentage rate you choose.
  • Ordinance or Law Coverage – provides coverage for the necessary demolition of the undamaged portion of your building and subsequent upgrades to meet current building codes after a covered loss.
  • Equipment breakdown coverage – provides coverage for loss resulting from the sudden and accidental breakdown of machinery and equipment used in your business.
  • And Many More – Contact us for a detailed risks assessment and insurance proposal.


We will provide a risk assessment, custom build a Commercial Package Insurance Policy that meets your needs, and shop the companies to get the best value for you. Give us a call, request an email quote, or visit us to get the best insurance protection and services for your company.

Insurance & Financial Services, Inc. is a full service Virginia Independent Insurance Agency that represents many top-rated companies. We assess risks and shop companies to find the best Virginia Business Insurance coverage for the price. Our clients get the best value for the Virginia Commercial insurance they need.

Here are a few companies we represent: Aetna, American Modern, Anthem Blue Cross Blue Shield, BTIS, Cigna, CNA, Dairyland, Foremost, Gainsco, Grange, Liberty Mutual, Main Street America Group, Mercury, National General, Progressive, Starr Dovetail, State Auto, Stillwater, Tapco, and Travelers.

Call, request a quote by email, or visit us at our office today for a free, no obligation risk assessment and Virginia Commercial Insurance quote. Let us do the research and find you the best value for the Virginia Business Insurance your business needs.

Virginia Commercial Insurance for Different Business Types

On the right sidebar of this page, we have included links to a number of Virginia business insurance resources. Click on any of the different business types to learn more about the Virginia commercial insurance coverages for that type of business. Please call one of our Virginia commercial insurance agents at Insurance & Financial Services for any assistance.


Amy Spencer


Amy Spencer started her career in the insurance industry in March 2006 as a customer service representative for Insurance & Financial Services, Inc. She learned the business from the ground up and in September 2006 she decided to move forward with obtaining her Property & Casualty license. Amy has 11 years of experience starting in commercial truck and freight broker insurance. While she continues to serve her clients she also offers personal auto, home, renters, and small business insurance. Amy prides herself with customer service and making sure her clients have the coverage they need.

Amy was born and raised in Chesterfield County. In her free time, she enjoys spending time on the softball field watching and coaching her daughter as well as vacations at the family home at Lake Gaston, NC with her husband, Curtis, and their children Curtis Jr. (wife Breanda), Cameron, Ciara, Andrew, and Theresa.