How much building insurance is enough?
As a small business owner, you know the importance of preserving your assets. For many business owners, the largest single asset they possess is their building. Whether you occupy the building or operate as a landlord (or both), consider key exposures in your risk-management and insurance planning.
Your business may be ill-prepared to afford damages to your building that lead to major repairs and renovations. Your solution? Adequate property insurance written for the full insurable value of the building.
Policies take many shapes and forms, with coverage ranging from basics such as fire, windstorm and vandalism; to the broadest forms, which cover any loss not specifically limited or excluded. Talk with your Insurance Agent about what policies your business is eligible for and decide what amount of coverage and price best meets your business needs. Click here to read the full article.