Does Commercial Insurance Cover Inventory?

Having a business means that certain precautions need to be taken to prevent loss as a result of certain hazards. One major concern that many retail businesses have is protecting valuable inventory. Without protection for inventory on hand, it can spell disaster in some instances. 

Does Commercial Insurance Cover Inventory?

In most cases, good commercial insurance will cover non-perishable inventory on the premises where there is coverage in place. However, there are cases where perishable inventory needs to be covered by a special type of insurance, or by an add on to the original policy. If there are certain circumstances where there is a risk of loss to perishable inventory, it should be addressed when shopping for a commercial policy. Always use a professional when searching for a policy that fits the business’s particular needs to avoid mishaps and issues later on. 

Finding The Right Policy

There are many types of commercial insurance policies on the market, but not all of them are alike. Consult with an insurance professional and explain what items need to be covered and what type of inventory is on hand. You can choose from various options to ensure inventory is adequately insured. Anyone who is currently looking for a commercial insurance policy should consult with Maanen Insurance Group in Greeley, CO. We will work one on one with clients to help build a solid layer of protection against large and small threats. 

Don’t take chances shopping for insurance without the assistance of insurance professionals. Call or stop by Maanen Insurance Group if you have a business near Greeley, CO and let our agents assist you with getting high-quality comprehensive coverage.