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BUSINESS INSURANCE LINKS: • PROPERTY
INSURANCE |
Basic property insurance will cover your losses in the event of a fire or a lightning strike, and will pay the cost of removing property to protect it from further loss. Additionally, a standard small business policy will usually cover losses from windstorm, hail, explosion, riot and civil commotion, and damage caused by aircraft, automobiles, or vandalism. Optional coverage can insure against building collapse and glass breakage. Property, whether owned personally or as part of a business, becomes a growing estate. The larger the estate, the greater the possibility of severe financial loss due to an unexpected property disaster. Without property insurance, such a loss could be the doom of a growing personal estate or business. It is necessary to regularly survey property insurance to prevent improper or inadequate coverages. Present needs should be analyzed and current needs determined. |
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