Replacement Cost Coverage is Not Your Friend
Some Advice for Business Owners with Commercial Insurance Policies Every business that owns or operates out of a brick and mortar location needs a commercial insurance policy for that building. This we can all agree on. But what happens when the insurance policy will pay out only after the policy holder replaces the destroyed property? What happens if the insurance company (surprise, surprise) decides it may not pay at all, based on policy exclusions? As a business owner, you can be left high and dry if you don’t have the capital to pay for the replacement up front. It is […]




