Read what your business insurance policy actually covers.
Coverage is decided as much by what is excluded as by the limit on the declarations. Upload the policy and endorsements and get a report on limits, sublimits, exclusions, claims-made vs occurrence, coinsurance, valuation, and the gaps that leave your business exposed — each tied to a quote from the document.
- Catch eroding limits, low sublimits, gutting exclusions, and coverage gaps
- Free preview first — unlock the full report for $30
- Covers CGL, property, BOP, E&O, cyber, D&O, and more
Last reviewed: May 26, 2026 by the BizLeaseCheck Editorial Team. General information, not insurance or legal advice.
Commercial Insurance Policy Analysis
A representative commercial insurance sample report — danger score 95/100, 8 red flags with verbatim evidence quotes, no signup needed.
What the insurance analyzer checks
The review works through limits and aggregates, sublimits, deductibles, covered perils, exclusions, claims-made vs occurrence, coinsurance and valuation, additional insureds, and coverage gaps.
Limits & aggregates
Per-occurrence vs aggregate limits, whether the aggregate is shared across coverage parts, and whether defense costs erode (a "wasting" limit).
Sublimits
Perils capped well below the policy limit — cyber, water/sewer backup, equipment breakdown, flood, ordinance-or-law — that quietly leave you underinsured.
Deductibles & SIR
Deductibles and any self-insured retention, including whether the SIR must be exhausted before the insurer has a duty to defend.
Covered perils
Named-peril vs special-form (all-risk) property coverage, and the burden-of-proof difference between them.
Exclusions
The exclusions that most gut coverage — professional services, cyber, pollution, mold, flood, earth movement, and communicable disease.
Claims-made vs occurrence
The trigger, the retroactive date and prior-acts coverage, and the tail (extended reporting period) gap when you switch carriers.
Coinsurance & valuation
Coinsurance clauses and the underinsurance penalty, plus replacement cost vs actual cash value (ACV) and the depreciation gap.
Additional insureds
Whether landlords, lenders, and contract counterparties are (or can be) added as additional insureds, and waiver-of-subrogation endorsements.
Conditions & gaps
Cancellation and nonrenewal notice, duties after loss (notice and proof-of-loss deadlines), endorsements, and the coverage gaps you still carry.
A review on your side of the policy
Insurance policies are written by the carrier, and the coverage that matters is buried in the exclusions, sublimits, and conditions. The analyzer reads the policy from the policyholder’s side and gives you the coverage questions and requested changes to raise with your agent, broker, or carrier. It is an educational review of the document, not insurance advice.
Browse the insurance policy guidesWhat you get
- A 0–100 danger score with a category-by-category breakdown
- A coverage-terms summary: policy type, limits, sublimits, deductibles/SIR, exclusions, claims basis, coinsurance, valuation, additional insureds, and gaps
- Prioritized red flags — each tied to a short quote pulled from your own policy
- Key dates: policy period, claims-made retroactive date, tail-election and cancellation/nonrenewal notice, and proof-of-loss deadlines
- A ready-to-send email of coverage questions and requested changes for your agent, broker, or carrier
How it works
Go deeper: insurance policy guides
Source-cited guides on the terms that decide what your policy really covers.
How to Read a Business Insurance Policy
A policy is not just the declarations page. What you are actually covered for lives in the insuring agreement, the exclusions, and the endorsements.
Per-Occurrence vs Aggregate Limits Explained
Two numbers control how much your liability policy pays: the most for one claim, and the most for the whole policy period. Both can run out.
Insurance Sublimits Explained
A sublimit is a cap inside a cap. Your policy limit may be $1M, but a sublimit can quietly cap a key peril at a fraction of that.
Claims-Made vs Occurrence Policies Explained
Whether a policy is claims-made or occurrence decides which policy responds to a claim — and a gap when you switch can leave you uncovered.
Coinsurance and the Underinsurance Penalty
A coinsurance clause quietly penalizes you for under-insuring — even on a partial loss you fully expected to be covered.
Replacement Cost vs Actual Cash Value
How your property is valued at a loss — replacement cost or actual cash value — can be the difference between being made whole and a depreciated payout.
Common Commercial Insurance Policy Exclusions
Coverage is decided as much by what is excluded as by what is granted. These are the exclusions that most often leave businesses exposed.
Additional Insured and Waiver of Subrogation
Leases and contracts often require you to add the other party as an additional insured and waive subrogation. The contract promise is only as good as the endorsement.
Duties After Loss and Proof-of-Loss Deadlines
A covered claim can still be denied if you miss a post-loss duty. Notice and proof-of-loss deadlines are easy to blow and hard to undo.
Defense-Within-Limits ("Eroding") Policies Explained
On an eroding policy, every dollar your insurer spends defending you is a dollar less to settle the claim. The limit can run out before the loss is paid.
Insurance Cancellation and Nonrenewal Explained
A policy can be cancelled midterm or simply not renewed. The notice you get — and the reasons allowed — are limited, and largely set by state law.
Commercial Flood Insurance and Coverage Gaps
Flood is almost always excluded from a standard property policy. For many businesses it is the single biggest uncovered risk.
Frequently asked questions
What policies does this cover?
Commercial insurance policies and declarations — general liability (CGL), commercial property, business owner’s policies (BOP), professional liability / E&O, cyber, directors & officers (D&O), employment practices (EPLI), commercial auto, and workers’ compensation — including endorsements and exclusions.
Is this insurance advice?
No. This is an educational review of your policy document to help you understand it and spot gaps — not insurance advice, a coverage opinion, or a recommendation of a specific carrier or coverage amount. Confirm coverage and adequacy with a licensed insurance agent or broker.
Can it tell me if my limits are high enough?
It flags structural risks (eroding limits, low sublimits, coinsurance, ACV valuation, and gaps) and prompts you to confirm adequacy. Whether a limit is enough for your business is a judgment call for a licensed agent or broker.
Does it cover flood?
Standard commercial property policies exclude flood, so the analyzer flags it as a gap. Flood coverage comes separately through the federal NFIP or a private flood policy.