| Knowing—and documenting—the contents of commercial properties is no less important than knowing and documenting the contents of commercial bank accounts. AVI’s specialized solutions for commercial clients ensure that you know, at any given time, what is contained within the walls of a property, especially if there is a catastrophic event such as a fire or hurricane.
Our commercial solutions help clients address these risks:
- Most business owners do not have a detailed and current inventory of their total possessions, including non-essential assets.
- Businesses are often underinsured for property coverage because aggregate limits are inadequate.
- In the absence of a current inventory, a business property claim settlement is likely to be inadequate by 20% or more.
We understand that commercial clients require a more detailed accounting of assets so we have enhanced our complete inventory and valuation package with an asset management program of barcode inventory control, asset tracking, and corresponding database software. This provides an efficient and convenient method for identifying and tracking items such as office equipment and furniture.
AVI’s asset management system is especially beneficial in situations where items are regularly moved from office to office or building to building. It is also invaluable for clients in the midst of property sales, facility expansion or relocation. Literally, with the click of a button, clients can “move” equipment from one room to another. With the asset management program, invoices and bills of lading can be incorporated onto the client’s asset spreadsheet for efficient expense reconciliation. |
