Property

Property Insurance

Property insurance can cover the buildings that a business owns - along with their business property and inventory - against physical loss or damage.

If you don't own your building, you'll still need contents coverage. In most policies, property insurance for business contents covers furniture, fixtures, inventory, office equipment, and other supplies stored at your facility or off-premises. You may insure those items for replacement cost or for actual cash value (ACV), which pays only for the depreciated value of the property.

Replacement cost policies have higher premiums, but they can help your business recover from a loss faster, since you can replace all of the lost or damaged property with new items. If you lease some of the equipment at your business, the leasing company may require that you insure the property at replacement value.

Medical Payments 

If someone is injured by you or at your business site, the policy may pay for medical and funeral expenses incurred, up to policy limits, within one year of the accident.

Personal Injury

Most General Liability policies provide coverage if you are accused of:

• Publishing inaccurate information that slanders or libels a person or an organization
• Publishing material that violates a person's right of privacy
• Falsely arresting, detaining, or imprisoning someone
• Maliciously prosecuting someone
• Wrongfully evicting someone

Advertising Injury

This policy will provide valuable liability protection against advertising injuries resulting from claims that, in the course of advertising your company's own goods, products, or services, you are accused of:

• Publishing inaccurate information that slanders or libels a person or an organization
• Publishing material that violates a person's right of privacy
• Copying some other company's advertising ideas or style of doing business
• Infringing on another company's copyright, title or slogan