Massachusetts Commercial Property Insurance Advice and Solutions from JCIA - Your Business Insurance Experts

Just as you'd protect your home and its contents, you also should cover your business assets against a loss and make sure you have adequate coverage to secure the property's actual replacement value; which is the replacement costs less any depreciation.

A common approach is to insure for actual replacement value. That way, if you do suffer a loss, you won't have to come up with any funds to get back in business as soon as possible. There are times you'll have to adjust your coverage as you acquire and dispose of more property or items for your business. It's a good idea to re-evaluate your assets quarterly and try to update the replacement values of items each time. A good example would be a laptop that cost two thousand when first purchased a year prior, but after a year the replacement cost would be lower as technology advances and this lower cost would translate to a lower insured amount and a lower premium.

If you have any specific questions about commercial property coverage or to request a free quote please call 1.866.3.INSURE or click here to fill out the business insurance request a quote form and have one of our knowledgeable agents reply to any insurance questions you have.