How much building insurance is enough?

• 28 September 2011
• by: chedwards
• in: Blog
• note: no comments

As a New York 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 New York 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 independent insurance agent about what policies your business

                       is eligible for and decide what amount of coverage and price best meets your

                       business needs.