November 2002 Newsletter: Lessons Learned: Property; Scheduled & Off-Premises

Four Lessons Learned

1. Keep property inventory lists, especially computer inventory and software licenses, off-site.

2. Be sure all the locations where you have property are listed on your insurance policy.

3. “Schedule” all mobile property for broader territorial coverage.

4. Agree with your insurer about loss valuation as part of your policy terms.