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Replacement vs. Actual-Cost-Value Business Insurance Plans

Replacement vs. Actual-Cost-Value Business Insurance Plans

You have a considerable amount of time, energy and money invested in your small business. To protect your company’s assets from fire, storms, vandalism and other harm, you need the right business property insurance. When requesting an insurance quote for business property in Ohio, you must know whether you want replacement or actual cost value business insurance. How Agents Formulate Quotes Many factors affect the cost of your company’s property insurance, including location, value, industry and others. Agents formulate quotes…

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