There may be gaps in your coverage you don’t know about!
When it comes to commercial property insurance, the first question to ask is always “What do I need to protect myself from?”. The answer can vary depending on the type of business you own.
For example, here are three types of damages that businesses should be (but often aren’t) covered for by their insurance plan. They are:
- Physical Damage
Whether your business in a small nail salon or a multi-location corporation, you have property that has value. You may not even realize just how much you have! That ergonomic chair that you are sitting on? Yup, that’s insurable property! That inventory of baking ingredients for your bakery? Yup, that’s insurable too! Even things like computer files, your print materials, and your business cell phones are considered physical property that you can insure.
- Theft
Coverage that protects a business against theft, fraud or incompetence is often called “bonding insurance”. Did you know that 8 out of 10 cases of business fraud or embezzlement are committed by an employee? These types of crimes can have a serious impact on the stability and future of your company. Don’t wait to consider this kind of coverage!
- Loss of use
Sometimes referred to as “business revenue insurance”, this type of coverage simply means that you are not only insured for the damages to your business in the event of an accident (for example a fire destroys your auto parts store), you are also ensured for the loss of income you will experience until your business is up and running again. There are different types of insurance plans that are available for this, all with different kinds of benefits.
At Sadler Insurance, we are well-versed in identifying client needs and creating custom policies that cover all of the key areas their businesses require. We create custom policies that leave NO gaps, so you can focus on the day-to-day grind without worrying about what would happen in the event that something goes wrong.
Did you know that we also keep detailed records of your coverage, claims and losses so that all of your information is in one place, ready and available to you? With Sadler, you won’t have to go searching for papers in the middle of a crisis. We’ve got you covered!
And lastly, we do all of this at a competitive price with paramount customer service.
If you’re a business owner in the Edmonton area and want to be sure there are no gaps in your coverage, give us a call today! 780-433-4426!
You can also visit us online at: www.sadlerin.com.
We look forward to providing you with a product that fits your needs!
