Does Your Business Need Blanket Insurance?
Are you a business owner who oversees more than one property at one or more location?
If so, you may want to consider a Blanket Insurance Policy.
Blanket Insurance is coverage for more than one type of property at one location or one type of property at more than one location.
With this type of insurance policy, you wouldn’t have to worry about paying for individual policies for each of your properties. Instead, you would pay for one policy with a single limit that would be used across all your properties.
This insurance coverage will only apply to properties that are similar in nature. Examples of this could be a chain store, hotels, restaurants, and rental properties.
Please know that blanket insurance is more expensive than individual policies.
However, this policy will cover your personal items, furniture, and equipment against property damage that stems from fires, floods, thefts, and personal injury liabilities.
You may or may not need a Blanket Insurance Policy. It all depends on your personal needs and risks associated with your business.
If you’re unsure of whether you need this type of coverage, be sure to contact us and we’ll be glad to help.Tags: blanket insurance, Allied Insurance Managers, Insurance, Business Insurance Michigan