If you're a business owner, it's important that you understand your business owners insurance policy. Its Declarations Page holds important information, including the limits of insurance for your buildings (Coverage A) and business personal property (Coverage B), liability coverage, and any optional coverage and conditions that apply. Be aware of the out-of-pocket deductible you'll pay if there's a loss, and consult an insurance agent to help you understand the exclusions listed in the policy. For protection beyond the basic policy, there are optional coverages you can purchase.