Storage facility property insurance covers your company’s building, contents, and other’s property in case of theft, damage, natural disasters, and fires. In the event that property is damaged, storage facility property insurance will pay for the infrastructure, equipment, supplies, furniture, and inventory that was damaged. Property insurance may not cover all natural disasters. When applying for property insurance, be clear about the coverage your business needs.

Property insurance policies for roofing contractors covers your buildings, tools, and other assets. Common claims that are covered under commercial property insurance include fire and theft. Property insurance is an important policy for you to keep your business running in case of damage or loss. You want to make sure that you can quickly replace any items necessary for running your business.

Not all disasters are covered in common property insurance policies. Be sure to talk to an agent today to discuss what policy is best for the region you are in. Another consideration is whether you want to cover your property at its current or full value. Covering your property at its current value will save you money on your premium but payout will be smaller in case of a claim. Full value will cost you a higher premium but will pay for replacing with new equipment.

Business income insurance, also known as business interruption insurance, covers any loss in income due to a disaster. This insurance will cover loss in income from the closing of your facility through the rebuilding process. This insurance is designed to keep your business from seeing a loss in profit and further debilitating your business.

Business income insurance covers the lost profits due to catastrophe, while property insurance covers the physical losses. Contact an insurance today at Storage Insurance USA to discuss your options and make sure you’re properly covered to rebound from unforeseen accidents.