3 Common Insurance Claims for Business Owners

Fri, Sep 02, 2022 at 12:40PM

3 Common Insurance Claims for Business Owners

Owning and operating a business can be one of the best things that has ever happened to you. Even though it may have required a major investment and countless challenges during the initial stages, it is still something that you can feel proud of and devote all your time and energy towards.

Therefore, it’s important to make sure you have the right insurance coverage for your business so that you can protect it from daily risks as well as major unfavorable incidents. Where certain disasters are less likely to strike your business, smaller incidents can happen anywhere, anytime.

Burglaries and Theft

One of the most common business claims is theft. Burglaries and theft can be committed by outsiders or your own employees, which makes it essential for you to set up proper measures to safeguard yourself from these as much as possible.

A security and surveillance system as well as background checks can help protect your business from such occurrences.

Water Damage

You don’t need to be based in a specific type of a region to face water damage. Your business could suffer from anything as common as a burst pipe or a sudden rainstorm. Flooding can cause significant damage to your property, inventory, and day-to-day business routine.

Along with having coverage for such incidents, you should also keep an eye on your property’s plumbing, seal unneeded vents and fix faulty doors and windows.


Although some businesses face risks of a fire breaking out more than others, it is still essential for you to get proper fire protection insurance that can cover your business if your property is damaged. You should have an emergency plan established with your employees as well as reliable fire suppression and detection equipment.

If you need to learn more about fire suppression insurance and fire safety insurance, talk to us Insurance Solutions of American and we’ll share the details of our list of services that can protect you and your business.

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