Calculate and take out your inventory and property insurance

Inventory and property insurance is insurance for your business inventory and goods. An insurer distinguishes between a business's inventory and goods. If you own your own business or company, you probably have a lot of inventory. This includes items such as desks, computers and office supplies, as well as special machinery and perhaps supplies. Goods means your trade inventory. These are all the raw and auxiliary materials you use to make your finished product, such as semi-finished products, cleaning agents, fuels and packaging materials. It is all the products you sell or consume in making the finished product. These items are essential to your business, so it makes sense that you wouldn't want anything to happen to them. With inventory and goods insurance, both your inventory and your goods are insured against damage caused by fire, storm and burglary, among other things.

Having your own business obviously involves quite a bit of money. It is logical that you would like to cut costs wherever possible. However, precisely because there is so much money in your own business, it is wise to take out inventory and property insurance. Imagine if a fire breaks out in the business premises, burning much of your inventory and goods. Or what if there is a break-in and laptops and devices are stolen or broken.

Without inventory insurance, replacing these items will cost you a lot of money. In addition, your company's operations may come to a halt, causing you to lose income. This is a big risk especially for start-ups, as they often do not have a large financial buffer to cover such costs. Taking out inventory and property insurance ensures that you are covered for many of these damages.

Looking for low-cost inventory and property insurance? You can find it by comparing different providers. On Alpina.nl you can also calculate the premium for your insurance. Fill in some information about your company, such as your industry and the number of employees. Then you can indicate what you all want to be insured for. Based on this information, the premium will be calculated for you from different insurers. You can compare the insurances on the basis of both premium and policy conditions. This way you can be sure that you have the right insurance for your company.

Your business inventory, machinery and stored (raw material) supplies can be severely damaged or completely destroyed during a fire or storm. By taking out inventory and goods insurance, you secure your company's financial position. An important condition for taking out inventory and goods insurance is proper protection of your premises.

With our handy comparison tool, you can already calculate the premium for your insurance. Is the insurance to your liking? Then you can conclude it directly online. If you still have questions, you can always ask one of our insurance specialists. Above all, get in touch with us! You can reach us Monday through Friday from 8 a.m. to 6 p.m. by phone. Of course, you can also send us a message at any time via chat, WhatsApp and Messenger.

Inventory and property insurance reimburses property damage caused by:

• fire
• storm
• lightning strike
• blast

In addition to the sum insured, the insurance also provides coverage for such things as:

• salvage costs (the costs incurred to mitigate the damage)
• appraisal costs (the cost of determining the damage)

Do you opt for comprehensive coverage? Then you are also insured against damage arising from the following events:

• outflowing water and precipitation
• burglary and theft
• vandalism and collision

The cost depends on a number of factors:

• The type of business
• The type of inventory and goods
• The amount of inventory and goods
• The coverage you choose
• Any additional coverages

Inventory and property insurance is also often called business contents insurance. In insurance terms, however, we refer to inventory insurance as business insurance. Inventory insurance is private insurance, which allows you to insure the belongings in your home. However, private contents insurance does not cover your inventory and goods, so for this you need to take out inventory and goods insurance.

The meaning of inventory and property insurance is not clear to everyone. Often people do not know exactly what the difference between inventory and goods is. Your inventory are things like desks, computer, office supplies, special machinery and supplies. Your goods are your merchandise inventory. This refers to all the raw and auxiliary materials you use to make your finished product. These include semi-finished products, cleaning agents, fuels and packaging materials.