The Basics of Businessowners Insurance Coverage
When you’re thinking about insurance, your jewelry inventory isn’t the only valuable property you should cover. Think about everything else that’s in your store, from your computer to your desk. That business personal property should be covered by a Businessowners Policy.
What business personal property is covered by insurance?
A Businessowners Policy can protect you against loss of a wide range of personal property, including:
- Safes and vaults
- Alarm systems
- Tools and equipment
- Computer equipment
- Office supplies
- Tenant improvements in a leased space
Liability coverage for a Businessowners Policy
A Businessowners Policy can also protect you against liability for occurrences such as a customer falling and getting injured on your property. It may also offer protection for ear piercing liability, appraising customers’ goods, and challenges to your hiring, firing and HR practices.
Wondering what Businessowners Policy is right for you? Make sure you have a trusted insurance agent or broker who can help you determine the appropriate coverage for your jewelry business needs.