Most every business 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
- Property inventories
- 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
- Communicate with insurer as to the use of any consultants
- 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?
At Roussel Insurance we strive for trust and reliability with our clients. Through our 30 years in the insurance business we have learned to achieve immediate and sustainable cost savings for businesses and individuals. We can help find you the right insurance options, so that no matter what your budget is we can minimize you’re spending and easily meet your needs
This information is intended for the client, individual or entity to which it is addressed. These articles contain concepts and opinions, and are not intended to represent the consensus of the insurance or risk community, nor to provide professional legal or tax advice. Please seek professional legal or tax counsel before making any decisions. The information provided does not change or modify any insurance policy, only the actual terms of the in-force policies will govern claim settlements.