Many business owners don't know how to weigh the cost of insurance versus a loss to their company. They can't imagine having a catastrophic loss that could put them out of business.
One of the major concerns for business owners is an unexpected event occurring that could result in a loss that would be larger than their initial capitalization.
Businesses should continually adjust their insurance protection, adding or removing coverages. Here are some key considerations for businesses when thinking about property exposures.