The owned building and/or structures can be covered with this insurance in the unfortunate event of them becoming damaged or even destroyed by a covered peril. This insurance can cover other items as well such as your business personal property. Machines used for the business and other business equipment as well as office equipment can be covered. Inventory is another item that can be covered under the Property Insurance.
Either as an additional coverage or separate policy, depending on the policy, coverages such as Equipment Breakdown and Loss of Income can be added too. Equipment Breakdown can provide coverage in the event of the business's equipment being damaged by a covered peril or breaking down. This coverage would assist you with getting the equipment operating again. Loss of Income could provide coverage in the event that the business is unable to pursue normal operations and shuts down. This could protect your income and provide assistance with payroll expenses.
Property Insurance sound like something you'd like to see a quote on? Contact us now for a free quote.
