What is a Commercial Multiple Peril Policy? It is a policy that packages two or more insurance coverages protecting a company or enterprise from various liability or property risk exposures. Frequently includes wind, water, fire, allied lines, various other coverages, and liability coverage. These coverages would be included in specific other annual statement lines if written individually for the enterprise.
Do you need a Commercial Multiple Peril Policy? You should ask an experienced commercial insurance agent.
If you have a loss related to this type of policy you should contact a Public Adjuster or Private Adjuster that only works for you, not the insurance company for an evaluation.