Who needs building insurance?

by Guest » Thu Jun 23, 2011 09:23 pm
Guest

Who needs business building insurance?

Total Comments: 6

Posted: Thu Jun 23, 2011 09:34 pm Post Subject:

A person that does not want to pay to repair or rebuild their building in the event of a loss.

Posted: Thu Jun 23, 2011 09:54 pm Post Subject:

Anyone who carries a mortgage on a building will be smart to get building insurance.

Posted: Thu Jun 23, 2011 10:12 pm Post Subject:

If you own the building you work out of you need insurance. This will ensure that all your belongings are covered and can be reimbursed.

Posted: Fri Jun 24, 2011 08:29 pm Post Subject:

You will need to read the contract carefully. Building insurance my only cover the structure itself, you may need a separate policy for the items in the building.

Posted: Fri Jun 24, 2011 10:36 pm Post Subject:

I agree, check with an agent to see if you need coverage, and if you do exactly what kind you may need.

Posted: Mon Jun 27, 2011 01:38 pm Post Subject:

Anyone who owns or rents a business premises needs building insurance. If the property is under mortgage, then the landlord or lender will maintain a building insurance policy being in place as a condition of the loan.

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