Property insurance protects business property and assets against physical loss or damage by theft, accident or other means - even if that property is removed from your place of business when it is lost or damaged. Property coverage can cover your costs to repair or replace what you've lost and, in some cases, compensate you for items that are physically irreplaceable. Because every business is vulnerable to property damage or loss at any time, this insurance is one of the first things you should buy when you start a business.
