Property

Property Damage (BOP)

A fire or water damage can shut your premises overnight. This insurance pays for the repairs and keeps you afloat until you reopen.

What it covers

Fire and bad weather

Fire, a storm or water damage hits your premises. The repairs are covered.

A machine breaking down

One of your machines fails by accident. The insurer pays to repair or replace it.

A forced shutdown

You can no longer work after an incident. The insurer covers your fixed costs while you are closed.

Theft and vandalism

Someone breaks in or damages your property. The loss is compensated.

You have premises

Whether your space is rented or yours, it needs cover.

You have important equipment

If your machines or your servers stop, you can no longer produce.

You hold inventory

Destroyed stock with no cover can sink your cash flow.

Does it also cover the damage I cause to my rented space?

Yes, liability toward your landlord is usually included. It covers damage to the walls you rent.

What value are my assets insured at?

Either at the price of new, or accounting for wear. Lesto helps you pick the right basis to be properly paid.

Is business interruption always included?

No, it is often an add-on. Yet it is the most useful cover, since it pays your costs when you cannot invoice.

Is my IT equipment covered?

It depends on the policy. Lesto checks this point every time to avoid gaps.

Your vehicles drive for your business, so every accident can cost your company. Fleet insurance covers all your vehicles in a single policy.

One morning your files are locked and a hacker demands a ransom. Cyber insurance pays for the recovery and the crisis response.

One conversation is enough to identify your gaps and offer something better.