You should take a complete inventory of all your business property, determine its value, and decide what's worth insuring. For example, you'll want to make sure your building is covered, as well as your inventory, furniture, equipment, and supplies. Even if your business rents space, your lease might require certain types of insurance coverage that you must carry. However, just because the building owner carries all the necessary insurance on the building in which you operate, doesn't mean it will cover any of your equipment, furniture, and other business possessions. An all-risk policy is usually sufficient for the average small business, but keep in mind that all businesses, and thus their insurance needs, are different.
Some insurance companies specialize in small-business insurance coverage.
So, if you shop around, keep in mind that these coverages are not always standard. If your company has a variable growth pattern, you may want to adjust your coverage annually. Deductibles for property insurance can be calculated on a per-claim or on an aggregate basis. Companies with a lot of claims would do well to consider calculations on an aggregate basis. Make sure the full value of an item is insured and check the terms for reimbursement.