Most every business in owns business property, which may include the building in which you run your operations. Property insurance protects the physical assets your business owns – such as computers, office equipment, buildings, furniture, fixtures, and other property. Every business should have a comprehensive property insurance portfolio to respond to the many risks associated with property ownership.
We hope to help you indemnify a proactive plan in the event of a fire, theft, storm, or some other kind of damage that might involve your business insurance policy. There are a number of actions you can do to help get the best possible settlement from the insurance company.
Maintain vital records
Have photos of all buildings, major equipment, etc
Blueprints- keep complete sets
Keep at least 5 to 10 years of financial records
Appoint key individuals as communicators
Have emergency response plan
Secondary locations identified
During The Loss
Notify the insurer
Protect the property
Track claim costs
Separate budget line items
Keep records of all internal and external costs
Make temporary repairs
If you hire contractors or consultants you might want to get the insurers approval, if you want the costs covered under insurance
Meet regularly with the agent and Insurer
List and address key issues and concerns
Note any changes from original design
Will you rebuild or not?
What might cause delays?
Partners Risk Services represents a carefully selected group of financially strong, reputable insurance companies, therefore, we are able to offer you the best coverage at the most competitive price.