The purpose of property insurance for the small business is to provide critical financial assistance in the event of a loss, so that the enterprise can continue to operate with as little disruption as possible. There are policies that cover only a single cause of loss, such as a fire insurance policy, and there are policies that include several different coverages in a single package. Most small business owners find it more convenient and economical to purchase the latter in their Business Owners Policy.
The property portion of a BOP covers any buildings that the business owns, most of the contents and much of the property needed to run the business. As your agent, we can work with you to determine the details of the coverage necessary for your particular risks.