Property insurance covers everything related to the loss and damage of company property due to a variety of events such as fire, smoke, wind and hail storms, and vandalism. The definition of "property" is broad, and includes lost income, business interruption, buildings, computers, company paper and money.
Property can be insured in many ways including the use of coinsurance, deductibles, and blanket endorsements. Because your business relies on these assets to generate income, it is vital to have these coverages reviewed by an independent professional.
Remember, unlike liability insurance or workers comp, the check is coming to you in the event of a loss. Make sure you get it right.
Our property insurance evaluation will provide you with an accurate statement of values, replacement cost calculation for your buildings and personal property, as well as advice on the best way to protect them.
Property coverage can be implemented as part of a package policy or monoline.
We can also assist you in obtaining coverage for property in transit, property in your care, custody, and control, or property at other locations.
We also write Builders Risk insurance.