What is Property Insurance?
Property insurance protects physical assets such as buildings, equipment, inventory, and furniture against risks like fire, theft, vandalism, and certain natural disasters. It can cover the cost to repair or replace damaged property and may also include business interruption coverage to help offset lost income during recovery.

Why Do You Need It?
Unexpected events can disrupt operations and result in costly repairs or losses. Property insurance ensures that your business can recover quickly and continue operating without significant financial strain. It’s a critical part of any risk management strategy, especially for businesses that own or lease physical space.

Questions to Ask Your Agent:

• What specific types of damage or events are covered under this policy?

• Does the policy include replacement cost or actual cash value coverage?

• Are there exclusions I should be aware of, like flood or earthquake damage?

• Is business interruption coverage included or offered as an add-on?

• How are coverage limits and deductibles determined for my business needs?