Are you a business owner in the greater Pomona, CA area? Does your commercial insurance policy provide the level of protection that you need? The team at THINK Insurance & Financial Services is here to help you determine the appropriate level and type of commercial insurance that your company should carry. Property insurance will provide coverage of your equipment, but these policies often contain policy limits in the amount of coverage and protection that they provide. Don’t wait until you have a loss to find out if you have the right insurance for all of your commercial needs!
Equipment protection through a property and supplemental insurance
When your business is involved in manufacturing or you have specialized equipment that is necessary for your firm to function, its value may exceed typical policy limits. Policy limits represent the maximum amount of protection that the policy can provide in the event of a covered loss. If your equipment value exceeds that amount you can bridge the gap with a supplemental or umbrella insurance policy. Comprehensive commercial insurance policies are sometimes sufficient for companies whose equipment does not exceed policy limits in their value. If you are unsure how comprehensive your property insurance policy is, and if it adequately meets your needs, it’s time to sit down with a professional agent and make sure. Owning a business is a lot of work and requires a lot of sacrifices, don’t let inadequate insurance cause an even more severe loss in the event of loss or damage.
Is it time for you to have a comprehensive review of your commercial insurance policies? If you are in the greater Pomona, CA area, the team at THINK Insurance & Financial Services is here to provide the information you need about available commercial policies.