by Guest » Wed Apr 25, 2012 07:21 am
I am searching for a business insurance policy. I want to know that does a property insurance cover all risks for the business? Or do i need to get separate coverage for fire, flood or earthquake damages? Do I even need glass insurance, if my property is covered?
Posted: Thu Apr 26, 2012 01:46 am Post Subject:
You may read or hear about "all risk" property insurance. This means that insurance policy, in the property coverage part, will have a section entitled "exclusions". This section will list the causes of loss that are not insured by the policy. Among the various exclusions are earthquake and flood. Insurance is available, if your business is located in an area that is subject to earthquakes and/or flooding.
A business owner that is a tenant in a building would not need plate glass insurance unless the lease agreement requires the tenant to be responsible for the repair or replacement of damaged plate glass windows. :)
Posted: Fri Apr 27, 2012 06:01 am Post Subject: insurance for business
Well, thanks for the help. I'm not a tenant. I have set up my business in my own building. Will an all risk property insurance not cover for the glass damages then? Or do I need to get separate coverage?
Posted: Fri Apr 27, 2012 02:38 pm Post Subject: business insurance
IOA provides the highest standards in business and commercial insurance [Link removed as per TOU - Admin] in the industry. Call or visit us today online.
Posted: Fri Apr 27, 2012 04:04 pm Post Subject:
Yes, a conventional insurance policy purchased to insure your building includes glass coverage since plate glass windows are part of the building. However, there are unconventional insurance policies that may limit or eliminate plate glass damage therefore, it is recommended to read your policy or check with the insurance agent that sold you the building insurance policy. :)
Posted: Sun Apr 29, 2012 03:30 pm Post Subject:
Commercial plate glass coverage in some standard policies is limited to 100 square feet. Additional coverage would be needed for larger areas. Your agent should be able to determine your need. You absolutely need to READ YOUR POLICY to know what is and is not covered, and to what extent. Can't always rely on the words of the agent.
Posted: Mon Apr 30, 2012 07:20 am Post Subject: commercial insurance
You have search a better business insurance scheme. I have a better commercial insurance scheme. If you can search here, i think you can get some information about our site.
Posted: Mon Apr 30, 2012 03:06 pm Post Subject:
Among the various exclusions are earthquake and flood.
These are homeowner's exclusions, not Commercial property exclusions. Flood may be excluded in the more severely located flood zones, but earthquakes are covered even here in California.
Commercial property policies provide much broader coverage than homeowner's policies. Nevertheless, there are exclusions, of which the consumer needs to be aware.
Posted: Mon May 28, 2012 06:09 am Post Subject:
There are some insurance plans which are ready to help owners, you can look into the most desirable kind of concepts which are more and more suitable for kind of business we are in.
[Link removed - Admin]
Posted: Wed Jun 06, 2012 04:59 am Post Subject:
Hi Yes Property insurance provides protection against most risks to property, such as fire, theft and some weather damage.
Posted: Wed Jun 06, 2012 05:22 am Post Subject: business for insurance
I want to suggest for business for insurance from Heliosprotection group from united states...This type of insurance for help protect for business and provides protection against most risk to property
Add your comment