Building or Personal Property
Covers buildings, business personal property, electronic data processing equipment, and the personal property of others located at the business premises.
Technology companies have a significant concentration of equipment as part of their operation. This equipment could the form of computers, servers, manufacturing equipment or transmission equipment.
These types of equipment are susceptible to losses from fire, smoke, theft, water damage, weather and equipment breakdown.
There is also an increased exposure for laptops and other types of mobile equipment for damage or theft while in transit or at trade shows.