Does your business store any equipment or inventory at an off-site location? Using self-storage facilities and other 'miniature warehouses' has become more popular in recent years, especially among companies who need just a little extra space, but storing objects in these off-site locations can remove them from the safety of your existing business plan.
Getting the right amount of storage insurance can make sure that anything stored offsite can be replaced if it's damaged while you're not looking. Be sure to ask a Howard Insurance Team agent about how much coverage your business needs—standard policies for storage insurance tend to have low limits, so if you're storing valuable equipment or inventory, you'll need to make sure your policy is enough to cover any losses in full.
Retail insurance does not apply to items that are being stored in the company's warehouse, on the shelves of a retail location, or anywhere within its normal offices. Those items are covered by other plans, typically commercial property insurance, and would not benefit from this type of coverage.