Property
Secure Your Assets
Ensuring Your Business’s Physical Security
Property coverage is vital for any business, as it safeguards your physical assets from unexpected damage or loss. This includes protection for your buildings, equipment, inventory, and other valuable assets against risks such as fire, theft, or natural disasters. With the right property coverage, you can ensure that your business can recover quickly and continue operating smoothly after a setback.
How does property coverage differ from general liability coverage?
While property coverage focuses on protecting your physical assets from damage or loss, general liability coverage addresses legal claims related to accidents, injuries, or property damage caused to others. Both types of coverage are essential for comprehensive business protection.
Can property coverage be customized for my business?
Yes, property coverage can often be customized to fit the specific needs of your business. You can adjust the coverage limits, include additional endorsements, or add specialized protection based on your industry and the unique risks you face.
How do I determine the right amount of property coverage for my business?
To determine the right amount of coverage, assess the value of your physical assets and consider potential risks specific to your location and industry. This helps ensure you have adequate protection to cover any possible losses.
We're Here to Help.
At Yingling & Nuessen, we recognize that every business has distinct property needs. Our expert team is here to help you find the right property coverage that suits your specific situation. We offer personalized guidance and support to ensure your assets are adequately protected. Contact us today to discuss your property coverage options and secure the protection your business deserves.
Top Features of Acuity's Commercial Property Insurance
| Built-in | Enhancements | |
|---|---|---|
| Accounts receivable - on-premises | $25,000 | $100,000 |
| Additional reward | $5,000 | |
| Arson reward | $5,000 | |
| Buildings at a newly acquired location | $500,000 | |
| Business personal property at a newly acquired location | $250,000 | |
| Business personal property covered | Within 1,000 feet of premises | |
| Coinsurance condition | Waived if total amount of loss is under $10,000 | |
| Computer coverage | $1,000 | |
| Computer coverage on-premises | $25,000 | |
| Computers off-premises | $25,000 | |
| Cost to prepare inventory | $5,000 | |
| Debris removal | $25,000 | |
| Electronic data | $10,000 | |
| Employee dishonesty | $10,000 | |
| Extra expense | $1,000 | |
| Fine arts | $5,000 | |
| Fire department service charge | $5,000 | $25,000 |
| Fire extinguisher recharge - portable | ALS* | ALS* |
| Fire extinguishers and fire extinguishing system recharge | ALS* | |
| Fire extinguishing system discharge damage | $25,000 | |
| Fire extinguishing system recharging | $10,000 | |
| Forgery and alteration | $2,500 | $25,000 |
| Lock replacement | $500 | $5,000 |
| Money and securities | $10,000 on-premises, $5,000 off-premises | |
| Ordinance or law - blanket coverage | $10,000 | Lesser of $50,000 or 33% of the building amount |
| Ordinance or law - green coverage - blanket | $30,000 | |
| Outdoor property | $5,000 | $15,000 |
| Outdoor signs | $5,000 | $10,000 |
| Personal effects and property of others | $5,000 | $15,000 |