Business Property Insurance is designed to do exactly what it sounds like: provide insurance coverage for your business’ property. It is very important to do an accurate assessment of the value of your business’ property in order to avoid under-insuring your property.
The cost of building materials and personal property are constantly changing. This makes it even more important to have your Business Property policy evaluated to be sure you have enough coverage in the event of a loss.
Business Property Insurance is customizable in most cases, allowing you to provide more coverage for the things that truly matter to your business and less coverage to the things that do not.
Don’t think you need Business Property coverage? Consider this: if a fire erupts in the building of your business and you lose your entire inventory, are you positive that you have enough contents coverage to replace what you lost in a timely manner?
