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What Is Equipment Breakdown Coverage?

By FAM Insurance
Equipment breakdown coverage is an optional part of a business insurance policy may help pay for the costs of repairing or replacing damaged or broken-down equipment after a covered incident. Equipment breakdown insurance may help cover equipment that’s necessary to keep your business running, such as boilers and machinery, or…

Does Homeowners Insurance Cover Storm Damage?

By FAM Insurance
Homeowners insurance may help cover certain causes of storm damage, including wind, hail and lightning. However, damage caused by flood and earthquakes typically is not covered by a standard homeowners insurance policy. It’s important to read your policy to learn what types of storm damage may or may not be…

Small Business Insurance: What It Is And What It Covers

By FAM Insurance
Small business insurance, sometimes called commercial insurance, helps protect a business’s assets, property and income. A business owners policy (BOP) is the most common policy for small businesses, according to the Insurance Information Institute. A BOP typically includes three basic types of coverage to help protect a business: business property…

What Is Equipment Breakdown Coverage?

By FAM Insurance
Equipment breakdown coverage is an optional part of a business insurance policy may help pay for the costs of repairing or replacing damaged or broken-down equipment after a covered incident. Equipment breakdown insurance may help cover equipment that’s necessary to keep your business running, such as boilers and machinery, or…

Does Business Insurance Cover Spoiled Food?

By FAM Insurance
If you run a restaurant, grocery store or wholesale food business, losing perishable food inventory can be costly. Likewise, getting shut down by a governmental body because of tainted food distribution can hurt your business’s financials — and its reputation. Having food spoilage coverage and food contamination coverage in your…