Can I request a quote if my business owns its premises?
Yes. When requesting a quote, identify that the business owns the premises and provide a clear description of the building or space and the property values being considered. Any offered coverage remains subject to the applicable terms and policy wording.
Can a business in rented premises request a quote?
Yes. Explain that the business rents its premises and describe its occupancy, contents, inventory, fixtures and equipment. The quote process can then distinguish the rented space from property belonging to the business.
Should contents and inventory be considered separately?
Contents and inventory are distinct property considerations. Describe each category clearly and include the relevant values when completing the quote process.
What equipment details should I consider?
Consider the equipment used in your business operations and the values associated with it. Fixtures can also be identified separately where relevant to the premises.
Why does occupancy matter for a property quote?
Occupancy explains how the premises are used by the business. Providing an accurate description of the space and its business use helps create a clearer quote submission.
Does a quote confirm that every type of property is insured?
No. A quote request identifies the premises and property you want considered, but the final insurance terms depend on the coverage offered and the applicable policy wording. Review those terms before purchasing a policy.