Business Interruption Insurance Quotes, Insurance Infornation

Business Interruption Insurance helps protect your business from risks not typically covered by general business liability policies. Also called Income Interruption Insurance, Business Interruption Insurance is an essential part of a comprehensive business insurance portfolio for your company, regardless of its size. Business Interruption Insurance reduces your exposure to loss of revenue from any covered event that prevents you from doing business as usual.

Business Interruption Insurance is not sold separately, but can be purchased as a rider to your business’s property insurance policy or included in a package policy. As a complement to Business Interruption Insurance, you should consider Extra Expense coverage, which will cover the additional costs of getting your business back to its normal operations such as renting temporary facilities.

You can get quotes for Business Interruption coverage and Extra Expense coverage using the form at the top of this page.
You need Business Interruption Insurance if your business:
Would lose revenue or customers from a fire or similar catastrophe that would cause it to shut down temporarily
Does not currently have Business Interruption Insurance and want to protect yourself from potential risk exposure

Business Interruption Insurance typically replaces business income lost as a result of a fire or named natural disaster. Be aware, however, that most policies do not pay if your business is forced to relocate or cannot operate because of an earthquake, act of terrorism or flood, unless you have specifically requested supplemental coverage for such events. Also note that there may be a 48-hour waiting period before your policy begins payments on a claim.

Business Interruption Insurance generally compensates for lost income, any profits that you can demonstrate would have been earned if the covered event hadn’t happened, and expenses such as utility bills that continue to be incurred while your business is unable to operate. Some policies will also cover the costs of operating from a temporary facility while your main place of business is being repaired, however this type of coverage is usually handled by an Extra Expense rider.