Do You Know How Your Property is Valued?

    Posted by Soules Insurance on Tue, Mar 28, 2017

    If you own commercial property, choosing a property insurance policy that fits your specific needs is important. A wide variety of policy options are available at different prices that cover an assortment of reimbursement options. Although there are policies that offer a large amount of financial coverage, depending on the type of property that will be insured, it may make more financial sense to pick a policy that still offers adequate coverage
    while having lower premiums.

    Commercial properties can be covered in a variety of ways, and a number of factors can determine whether your property’s value goes up or down each year. Knowing how much your property is worth and obtaining the insurance policy that both protects you and suits
    your financial needs is important. The following are descriptions of common types of policies and valuation, and the costs that they generally cover.
    Read More

    Tags: Replacement Cost, Property Value, Insurance and Property Value, Market Value, Actual Cash Value