What types of property do I need to insure for my business?

Your business may not possess all the following types of property, but you can use this list to help make sure that you have considered all the property categories and any insurance coverage that may be warranted:

• Building and other structures (owned or leased)
• Furniture, equipment and supplies
• Inventory
• Money and securities
• Records of accounts receivable
• Improvements and betterments you made to the premises
• Machinery
• Boilers
• Data processing equipment and media (including computers)
• Valuable papers, books and documents
• Mobile property such as automobiles, trucks and construction equipment
• Satellite dishes
• Signs, fences and other outdoor property not attached to a building
• Intangible property (good will, trademarks, etc.)
• Leased equipment

To establish the amount of insurance you need on each, your Hoffman & Associates agent can help you review the types of property you own and their uses.

There are many other coverage’s business owners should be aware of. Be sure to discuss your business in detail with your Hoffman & Associates agent so they can assist you in finding the right coverage for your business.

Our Melbourne Business Insurance Agency is centrally located in Brevard County, enabling us to locally serve Viera, Cocoa Beach and Palm Bay.

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