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    Understanding Business Interruption Insurance

    April 28, 2024 Cheryl Davis
    Understanding Business Interruption Insurance

    When the unexpected forces your doors to close, business interruption insurance can be the lifeline that keeps your company afloat. Whether it's due to a fire, severe weather, or other covered perils, physical damage to your property can halt your operations entirely.

    What Does It Cover?

    Business interruption insurance typically covers lost net income, mortgage or rent payments, employee payroll, taxes, and loan payments that you would have otherwise been able to pay if your business had remained open.

    Why You Need It

    Many small businesses never reopen after a major disaster. Having this coverage ensures you have the financial support needed to survive the recovery period and get back to serving your customers.

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