Property Insurance
This type of insurance covers damage to the insured's property, such as buildings, equipment, and inventory. It can cover a wide range of perils, such as fire, storm, flood, theft, vandalism & terrorism.
Business Interruption Insurance
This type of insurance covers the loss of income suffered by the insured following a property insurance loss. This is vital to ensure continuity of income in the event of a loss.
Liability Insurance
This type of insurance protects the insured from financial losses caused by injuries to others on their property. For example, if a tenant slips and falls on a landlord's property, liability insurance can help to cover the cost of the tenant's injuries.
The need to purchase real estate insurance is clear. Real estate can be a valuable asset, and unexpected events can lead to significant financial losses. Real estate insurance can help to protect property owners from these losses and give them peace of mind knowing that they are financially secure.
These are just a few examples of the many ways that real estate insurance can help to protect businesses and their clients. If you are involved in the real estate industry, it is important to talk to JV Hutton to make sure that you have the right cover in place.
