Business

The damage to our building caused by the storm was extensive: we were looking at a complete loss. It was my dream for the company to own, rather than lease our building. As I looked at what was left of that dream, I took comfort in the fact that I could contact my insurance provider and rebuild. It turned out that to replace the building was more than I would've imagined, due to increases in material costs, labor and other costs. I found out the hard way that my insurance coverage had not kept pace with the replacement cost of the building. I could've avoided this if I had stayed in contact with my Westfield independent agent - she would have ensured that my coverage was keeping pace with my business needs. I won't make that mistake again.

Your agent can help you make sure you have enough insurance to cover your building. There are different options for coverage, such as actual cash value, agreed value and replacement cost coverage - your agent can help determine which is right for your business.