Acquiring commercial coverage will protect your franchise from accidental damage and theft. The coverage will also protect you if you are held responsible for an accident at your business.

The Building

Schedule an appointment to have your franchise inspected. The condition of the building that you own will help to determine the overall value of your business.

During an inspection, you will be advised about necessary repairs. Keeping your franchise in the best possible condition will minimize the risk of damage, theft, or injuries at your place of business.

An Inventory

Inventory the furnishings, electronics, and other items you use during normal business operations. It can be beneficial to have a list you can review on your own time.

Once you have taken an inventory, decide which items you want to add to your commercial insurance policy. Valuable items should be considered a priority, and each should be listed in your commercial insurance policy.

Risk Factors

If your building is not secure, your place of business is at risk of being broken into. Identify any risk factors which may necessitate the installation of security equipment.

Assess the location of your franchise as well. If your business is located in a high-traffic area, you may consider acquiring substantial commercial insurance coverage.

More Help

Now that you have reviewed some insurance guidelines, please schedule a consultation with one of our Oklahoma City, OK agents. An agent representing Freeland Insurance will prepare insurance documents for your new franchise.