When transferring risk to an insurance company you need to determine what risk as well as how much of that risk you want to cover.
Things to consider
Does any contract I have require certain values and coverage’s?What is my greatest risk that exists today?
What is the greatest potential loss?
Even though I don’t use it can it still be stolen or damaged?
Bellow you will find lists of commonly transferred risks along with others to consider.
Inland Marine/ToolsWorkers Compensation
Errors and Omissions
Ordinance or Law Coverage
Leased and Rented equipment
Boiler and Machinery Insurance
Products Liability Coverage
Building Ordinance Coverage
Business Income/ Extra expense
Difference in Conditions (DIC) Coverage
Electronic Data Processing Coverage
Employee Dishonesty Coverage
Fiduciary Liability Coverage
Forgery or Alternation Coverage
Drive other Car coverage