Business Insurance is a Must! « Personal Finance Blog / Money ...
Business insurance is a must for any company that has thing of value in their inventory, whether it is electronic, paper, any type of equipment or something that would be difficult or impossible to replace if stolen or damaged in some way. One can never really know how much of an inconvenience – or even a disaster – it can be if something is damaged. Even the small things are important as I have found out.
I know I’ve talked a lot about my catastrophes in my home office, which is where I do all of my work. I was reading through my insurance policy today to make sure that the items I plan to claim are covered under the policy. They are.
The thing about this particular insurance is that it’s as cheap as chips and covers basically everything I would need for it to cover. Of course there are a lot of exclusions, which is an important thing to know. The biggest exclusions usually involve floods or other acts of God. Although now you can expect to see acts or terrorism listed as exclusions. I was surprised to see it on my policy. I must have forgotten about that as it has been a while since I have read the entire thing.
If you have a business of any kind, even a small office at home, do consider business insurance. It is certainly worth the pittance it costs to protect something extremely valuable.
Be sure to check out some of the sites in our directory, including: Direct Line Commercial Property Insurance and Devitt Insurance .
by Sarah Evans
