Property is a very large investment and we offer a broad spectrum of protection to ensure that you are fully protected. The Property Coverage section of the policy contains two main coverages: Building& Business Personal Property.
Both of these coverage have their own limit of insurance applying at each location. Or there is something called blanket insurance which combines any two locations or coverage into one limit, which is determined based on the total value of the included locations and coverage.
The property coverage provides Replacement Cost coverage for your Real Property (buildings) and Business Personal Property. In addition, it provides protection for a wide range of exposures, such as:
- Business Income (including Extra Expense)
- Accounts Receivable
- Personal Property of Others
- Computers and Communications Equipment
- Valuable Papers, Software, Data
- Flood and Earthquake