Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is property coverage?

April 26, 2017coverage Property

0

Posted

What is property coverage?

3 Answers

0

Posted

Building and business personal property (also called contents) coverage protects your buildings and equipment, stock, furniture and fixtures. Some policies include breakdown and business income coverage.

0

Posted

Property coverage is purchased to protect the physical assets you own or lease such as buildings, office equipment, furniture, fixtures, etc. There may be special types of coverage which need to be purchased for property in transit, mobile equipment, fine arts, etc. When considering this coverage, it is important to have a thorough inventory of all physical assets, then make sure that the property is accurately valued and that adequate coverage limits are purchased.

0

Posted

A. Building and business personal property, or contents, coverage protects your buildings and equipment, stock, furniture and fixtures. Some policies also include breakdown and business income coverage.