1. Conduct Regular and accurate valuations of your business property and contents. It’s good to consider having a professional with you to assist you with the valuation process
2. Provide the cost of rebuilding our business property to your insurer rather than the market value or the amount your purchased it for
3. Calculate and use your actual total revenue
4. Determinate an appropriate indemnity period that allows your business sufficient time to recover after a loss
5. Increase your sums insured to reflect inflation
6. Review your policy wording to ensure you have the broadest cover possible. Update your policy whenever there’s a change within your business or let your insurance broker know and they will make any changes to your policy if anything is required.
If you would like a quote on your Commercial Property Insurance, get in touch with our team today. Call us on 01234 242900 or complete our contact form and we’ll get back to you as soon as possible.