Find a property insurance agency focused on location-specific needs

Natural disasters like tornadoes, floods and earth quakes may require additional coverage in your policy. Some landlords and title companies won't rent or sell property to you unless you have coverage. Some areas like Chicago recommend terrorist coverage.

I recommend: Locate an agent specializing in flood insurance at Floodsmart.gov, the website for the U.S. National Flood Insurance Program. Some property insurance providers near major cities, like Arthur J. Gallagher & Co., offer terrorism insurance.

Decide if your business has special property insurance brokerage needs

Talk to other business owners in your industry about property insurance requirements and guidelines that may affect what type of insurance you need to have. Look for a property insurance brokerage with knowledge of your industry. You may want to solicit recommendations for a commercial property insurance broker from friends.

I recommend: Allied Insurance Brokers Inc., with offices nationwide, works specifically within the construction industry. International Amalgamated Group covers environmental spills, clean-ups and liability under one policy.

Get the best coverage from a property insurance agent familiar with your situation

A company that offers coverage for shopping malls may not be the best source for a policy covering a home business like a salon. Work with a property or homeowners insurance broker with a track record for providing policies similar to your situation.

I recommend: Progressive Casualty Insurance Company, which has a reputation for working with high-risk individuals, now offers insurance for homeowners. Wachovia Corporation works with businesses to provide a number of different commercial property insurance policies.