Business Property Insurance

Owning a business comes with the responsibility of making sure that your business and all your property is protected with the right insurance policies. Since your business property is vulnerable to many different perils, investing in the right property insurance policy can help to ensure that you are covered from any disaster that may strike.

There are many different property insurance policies to consider when looking for the right amount of coverage. You can get protection for just a single peril, such as a fire insurance policy, or you can invest in a broader policy that will provide coverage for many different disasters. There are also stand-alone property insurance policies, or you can add property coverage onto your existing business owner’s policy (BOP).

While property insurance coverage that is added onto your BOP will provide coverage for many incidents, it will not provide coverage for anything that can go wrong. There are some property insurance exemptions within a BOP, including:

• Money, bullion, or securities.
• Any company vehicles.
• Water, land, crops, trees, lawns, plants, or shrubs.
• Outdoor signs and fences that are not attached to your building.

When looking for the right amount of coverage, take the time to look over all of your coverage options, and work with your insurance agent to make sure that you find the right policy that will properly protect your business. In many cases, you are able to add additional property insurance coverage to your BOP for an additional price.

For all of your business insurance needs, including your property insurance coverage, contact the insurance experts at Steve Wilk Insurance in Lombard, Illinois. As an independent insurance company, we will work with you to make sure that you have the protection that you deserve, all at the right price to fit your budget.