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Property insurance is a service that protects the physical building that your company operates in. Similar to other forms of insurance, it protects you from complete financial liability should the unexpected happen. There are two main types of property insurance, open perils and named perils. Open perils covers you for any incidents that involve elements not listed in your contract, where named perils cover only elements listed such as fire, earthquake, etc.

It is important to have property insurance for your office building, should the unexpected happen as it tends to do, as it grants you protection from the many elements, both natural and human-related, that you have no control over.

 
 
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