Types Of Business Property Insurance
The costs associated with repairing, rebuilding, or replacing damaged property can be substantial. Insurance may pay those costs in full or in part so businesses can keep their operations going and avoid a large out-of-pocket expense. Without commercial property insurance, some businesses might not survive a physical loss. Most commercial property insurance falls into one of four general categories: direct damage, time element, inland marine, and crime insurance. The type of insurance your company needs depends on your industry, the size of your business, and the nature of your operations....