Property
What is it?
Property Insurance provides essential protection for your business property, buildings, equipment, and assets against various perils such as fire, theft, vandalism, and natural disasters. This coverage ensures financial security by mitigating the financial impact of unexpected property damage or loss.
Why is it important?
Property damage can result from numerous unforeseen events. Property Insurance is crucial as it safeguards your business's physical assets, allowing you to recover and resume operations without bearing the full financial burden of repairs or replacements.
What does it cover?
Building Coverage
Protects the physical structure of your business premises against damage or loss caused by covered perils.
Contents Coverage
Covers your business's belongings, equipment, inventory, and furniture against damage or loss.
Business Interruption Coverage
Provides coverage for lost income and additional expenses if your business operations are disrupted due to covered perils.
Equipment Breakdown Coverage
Protects against repair or replacement costs for equipment and machinery damaged due to mechanical or electrical breakdowns.
Why Frontier Risk?
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Common Questions
Yes, Business interruption coverage within Property Insurance can provide compensation for lost income and additional expenses if your business is temporarily unable to operate due to covered perils.
Yes, many Property insurance policies cover damage caused by natural disasters such as earthquakes, floods, and hurricanes, depending on the policy terms.
Yes, Property insurance is recommended for leased premises to protect your business's contents and assets against potential damage or loss.