How to protect your property

Fire. Theft. Water damage. Just a few of the incidents that can do damage to your property-one of your business' most valuable assets. Unless property and equipment are maintained properly and insured adequately, they can be at significant risk for loss and damage.


Some tips:

Review your property insurance program with your insurance representative to make sure you understand what is and is not covered.

If your policy has "blanket" coverage for a number of different properties, make sure that all properties that should be insured are actually listed on the property policy. Even with blanket coverage, property not listed on the policy may not be covered.

Be sure that your property is insured to replacement value. Improvements or changes in building costs should be reflected in your insurance coverage. So periodically review and update your property values and adjust the coverage accordingly.