Whether you own or lease your building, property insurance can protect your organization’s assets against losses caused by the “covered perils” named in the policy. Common perils often include fire, theft, vandalism and water damage. You may also want to secure insurance coverage for the perils of flood and earthquake.
Imagine what might happen to your organization if …
- Your building burned
- Your equipment was stolen
- Computer equipment and customer records were destroyed
Most companies face these property insurance risks. Depending on the severity of the situation, property losses can result in business interruption, interfering with your ability to deliver services to those who rely on you.