Property insurance for buildings and contents owned by the company

policies to cover professional services, vehicles and your employees.

Let’s face it. Launching and running business requires motivation as well as physical stamina to handle the stress and demands of a new or growing venture. And it’s risky. It’s a fact that first five years of opening may not prove to be the successful years for every business. Handling inventory, scheduling time, purchasing supplies, handling payroll — there are a myriad of procedures every home or small business industrialist needs to know, but one of the most critical and often neglected is buying proper insurance coverage.

What action should be taken if a fire or other disaster destroyed your property, making it impossible for you to get back to business right away? Would you memorize what property had been destroyed? One way is by taking a whole inventory of all your personal business property, determining its value, and deciding what’s worth insuring. If you keep daily business record, it will help you to get your Colorado insurance claim settled faster and it will be simple to verify losses of your business’ income tax return and help you purchase the correct amount of insurance.

First make a list of personal business property, describing each item and noting where you bought it and its make and model. Keep the sales receipts, purchase contracts, and appraisals attached with your list. The next question is what type of coverage’s you’ll need. Other than personal business