Helps protect the property an accounting or finance firm owns and leases, including computers, electronic equipment, furniture, and even fine art. Coverage from The Hartford can be tailored to fit the specific needs of each individual practice:
- Many accounting firms have in-house libraries containing books and publications susceptible to fire, water or smoke damage. Business Personal Property helps protect property like accounting libraries and valuable papers.
- When employees travel for work, Business Personal Property helps to protect lost or stolen business property including laptops.
- Most accounting firms can work out of any office locale but the costs to equip the firm at a new or temporary location can add up quickly, as can the cost to research, replace or restore lost information on damaged valuable papers and records. Extra Expense coverage helps protect accounting firms from these costs.
- The Hartford makes it easy for accounting firms to calculate their business income loss based on billable hours. This limits coverage to income that is irretrievably lost for services that could not be performed during the period of restoration rather than revenues, possibly earned prior to the loss, that were not received during this period.