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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

Your current insurance policies may not automatically extend to the new site, and additional coverage may be required. Key policies to review and update include: Commercial Property Insurance to protect your new location against physical damage from fire, vandalism, theft, or natural disasters.

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

Image courtesy: Unsplash Definition and Overview Commercial property insurance is a type of insurance designed to protect your business premises and the contents within from loss or damage. This type of policy covers a wide array of potential hazards, including fire, theft, vandalism, and certain natural disasters.

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Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

Crime insurance : Protects against financial losses caused by theft, burglary, or employee dishonesty, covering stolen money, securities, or property. These include $1 million in personal liability, coverage for personal contents, inland marine for scheduled valuables, and additional living expenses.

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What are the most important questions to ask when choosing business insurance?

Protect Commercial Insurance

Think about the everyday operations of your business: – Are there physical locations that require protection from natural disasters or theft? By recognising these risks, you root your insurance decisions in the real needs of your business. – Inland Marine Insurance for transporting equipment and goods.