Property insurance provides financial reimbursement for loss arising out of damage to your real and business personal property. Your property – regardless of the size of your company – represents the largest part of your company’s assets. Therefore, it’s important to provide the right protection.
Your property limits should reflect the cost to repair or replace the building and business personal property at the time of loss.
In addition to the basic property coverage, there are several coverage endorsements that may be added to your policy so your company may be better protected. These forms include – but are not limited to:
- Business Income and Extra Expense
- Equipment Breakdown
- Change in Temperature or Spoilage
- Property in the Open or in Transit