Property Insurance
Your business property is one of your largest investments. Commercial property insurance helps protect the physical assets your company depends on — your building, equipment, inventory, furniture, and fixtures — against losses from fire, theft, vandalism, windstorms, and other covered events.
Coverage can be written for a building you own, for the contents and improvements within a space you lease, or both. Many policies also help replace lost income and cover extra expenses if a covered loss forces your business to temporarily close or relocate.
The right amount of property coverage depends on the value of your building and contents and how your business operates. Your Snyder account manager can help you assess your exposures and identify the coverage levels that are right to protect your business.
Why Would I Need It?
Companies tend to face three types of product claims:
- Claims that the product is inherently unsafe
- Claims that the product did not include sufficient warnings against risk
- Claims that the manufacture or production of an item created an unreasonably unsafe defect