Insurance that covers a property owner for a loss on “real” property (i.e. buildings & structures) or “business personal property” (i.e. computers, furniture, etc.) from a covered peril, such as fire, wind/hail, or theft. Property Insurance can also cover equipment used in the field (inland marine) and even equipment breakdown (boiler and machinery).
There can be several other coverage categories under the property policy, to include:
What about property loss or damage due to a computer virus?
Loss or damage to property due to a computer virus is usually not covered under the property policy. A separate Cyber Liability & Network Security policy is usually required for this type of coverage.
Custom Coverage at a Competitive Price
Many businesses view their insurance agent as a “vendor”. That is not us. We are a “guide” in helping you navigate the complex world of Insurance & Risk Management. Here are the 3 ways you can get started with us now: