Which of the following would typically trigger a review of a commercial property insurance policy?

A review of a commercial property insurance policy is typically triggered by significant changes in the nature or operations of the business, and a change in the business type or category is one of those key indicators. When a business changes its model or operates in a different field, it may face new risks that were not present under the previous policy. For instance, a restaurant converting into a retail store would encounter different liability exposures and property considerations than those covered in its original policy. This change necessitates a policy review to ensure that the coverage adequately responds to the new operational risks and liabilities associated with the new business type.

While a minor remodeling project, an increase in the number of employees, or a complete closure of the business might also warrant some consideration, they do not typically signal the same level of fundamental change in risk exposure as a shift in business type. For example, remodeling might impact property values or safety requirements, but the overall business nature remains constant. Similarly, adding employees could affect liability but is generally managed through existing policies without necessitating a complete review unless it leads to a substantial change in overall operations. A complete closure of the business could prompt a review but for different reasons, primarily related to policy cancellation or coverage changes, rather than an active need for tailored