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Property insurance Most businesses would find it difficult to work without the tools of their trade or with no access to their place of work – whether you’re a consultancy business and rely on your IT equipment or a plumber who couldn’t work without their tools. Could you afford to replace all of your business equipment or stock in the event of it being destroyed, lost or stolen? If the answer is no you should consider property insurance to protect your business building and assets. When buying this cover, it is important to ensure that the sum insured on your contents list is equal to or greater than the value of your equipment; not just the items you think are important (so don’t forget about the boring stuff like office chairs and filing cabinets). If you under-insure it’s unlikely that you would get the full value of any items you claim for. This also applies to your own or hired-in plant if you work in the construction industry – could you afford to replace it if you didn’t have business insurance? If you do buy cover make sure you insure the plant to its full value. If you own the building you work from you should make sure that it is properly protected. It’s probably one of your major assets so you’ll need to be confident you won’t suffer financially in the event of a flood, fire or other event which damages your property. Another cover to consider is business interruption insurance. This will make up for the money you lose if you can’t work because your property has been destroyed, stolen or damaged. bank insurance, business insurance, car insurance, credit insurance, health insurance, insurance, insurance agent, insurance broker, insurance card, insurance company, insurance contract, insurance coverage, insurance policy, life insurance, life insurance company, medical insurance, national insurance, online insurance, personal insurance, private insurance, social insurance, travel insurance