By: Govy

Your property is your investment and it is very important to provide your property an insurance. Property Insurance covers your business for damage or loss of your business property. A good property insurance policy covers property fixtures, such as lighting systems or carpeting; equipment and machinery; office furniture; computers and accessories (monitors, CD-ROM drives, modems, printers); inventory and supplies; and personal property that’s kept at the business site.

In establishing what property is covered under a property insurance policy, it is also important to understand which types of losses are covered. A basic form policy commonly covers the following: fire, explosions, storms, smoke, riots, vandalism and sprinkler leaks. While a broad form policy typically adds damage from broken windows and other structural glass, falling objects and water damage to the list of covered items. Special form policy covers the widest range of protection including theft, unless it is specifically excluded from the policy.

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