Some business owners learn the hard way that they didn't buy enough coverage. Remembering to consider certain pieces of your business property when purchasing an insurance policy is vital to keeping your doors open.
Your business may not possess all the following types of property, but you can use this quick reference list to make sure you have thought of all property categories and any insurance coverage that may be warranted for your business:
* Buildings and other structures (owned or leased).
* Furniture, equipment and supplies
* Money and securities
* Accounts receivable records
* Improvements and betterments you made to the premise
* Boilers and machinery
* Data processing equipment and media (including computers)
* >Valuable papers, books and documents
* Mobile property such as automobiles, trucks and construction equipment
* Satellite dishes
* Signs, fences and other outdoor property not attached to a building
* Intangible property (good will, trademark, etc.)
* Leased equipment
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