When you are thinking about the kind of insurance your business needs, it may be helpful to consider the wide variety of business owner’s policy coverages that are available. Some of the major disasters you might want to be covered for include fire, flood and earthquake. You could also consider coverage for minor damage due to theft, vandalism and insect damage.
One great aspect of a business policy is that it can be combined into a personal policy so you have comprehensive insurance for your home, your cars and your business assets. All of these assets can be protected under one umbrella. This kind of policy might also generate a substantial discount.
If your business has special needs and serves a specific market segment, your policy can be customized to meet those needs. These types of coverages might include exterior structures, glass, signs and equipment breakdown. Your business can even be covered for interruption of business. Then, if your business can’t operate due to a covered loss, you can be reimbursed for the money you are not making.
Be sure to contact an insurance expert to find out about all the business owner’s policy coverages that are available to you and get your protection and peace of mind secured as soon as possible.