Is Your Business Insured Against Fire Damage?
Not every fire is a friendly fire. Learn why you need to protect your business against the possibility of fire damage.
Why You Need Fire Insurance for Your Business
You know how the saying goes, “It’s better to be safe than sorry”. Insurance is proof of that. However, many business owners consider the possibility of a fire so remote, that they neglect to protect their investment against it. Don’t put yourself in a situation you’ll regret and make sure you’re protecting your business from harm, and that includes fire damage.
What is Fire Insurance?
Fire insurance is a policy that protects you against loss or damage to your property resulting from fire. This type of insurance could also cover the cost of repairing or replacing personal property or surrounding structures affected by a fire. It is usually set for a year and could hold exclusions depending on the cause of fire.
Do You Really Need This Coverage?
Did you know that in 2015, more than a million fires were reported in the US? According to the National Fire Protection Association, this is true and so is the fact that this caused over $14 billion in property damage. These are some scary numbers.
Can you imagine your life’s work consumed by fire, leaving you with nothing to get yourself back on your feet? That possibility could become a terrible reality if a fire ever strikes your business. A fire can be devastating for a small business and could potentially force you to stop your operation. We hope you never have to go through something like that, but if for any reason you do, we hope you have insurance to keep you safe and help you bounce back stronger.
Don’t Underinsure Your Colorado Business
Are you sure your business is protected against fire damage? If not, what are you waiting for? Don’t be part of the statistics. Underinsuring your business could bring you more damage than good. Stop by AAI Central Agency any time. Our agents are prepared to explain and guide you through the process of keeping your business safe and finding the best insurance policy for you.