Business Interruption Insurance

Do you have the right Business Interruption insurance?

What would you do if you couldn’t conduct business for an extended period of time? Would you be able to survive if damage occurred and you were out of business for several weeks or months?

The answer for most small business owners is no.

Business interruption insurance can be as vital to your survival as a business owner as fire, flood, or any other type of business insurance. Most people would never consider opening a business without buying insurance to cover damage due to these types of risks.

Unfortunately, too many small business owners fail to think about how they would manage if a fire or other disaster damaged their business premises to the point where they were temporarily unable to conduct business.

Business interruption insurance covers you for lost income if your company has to vacate the premises due to disaster-related damage that is covered under your property insurance policy, such as a fire.

It also covers the revenue you would have earned, based on your financial records, had the disaster not occurred. The policy also covers operating expenses, like electricity, that continue even though business activities have come to a temporary halt.

How much is Business Interruption insurance?

The price of the business interruption policy is related to the risk of a fire or other disaster damaging your premises.

All other things being equal, the price would probably be higher for a restaurant than a real estate agency for example because of the greater risk of fire.

Also, a real estate agency can more easily operate out of another location.

Call our office today to discuss your options, or head over to our quotes page to get the process started!

Posted in

May Employee Spotlight, Christine

Meet our May Employee Spotlight, Christine! We are thrilled to introduce Christine, a dedicated member of our team who has been an invaluable asset since ...
Read More

April Employee Spotlight

Meet Kyle, one of our dedicated Insurance Advisors at America's Choice Insurance Partners. Kyle began his career with us in October of 2023 and has ...
Read More

Winter Driving Safety Tips

Winter Driving Safety  Winter driving can be a challenge, especially with the added risk of sleet, snow, and icy roads. By taking additional safety measures, ...
Read More

5 Rules Every Landlord Should Live By

I'm pretty confident that if you asked anyone who has ever owned a rental property you would get an overwhelming response that it's not as ...
Read More

Will my credit rating change my insurance rates?

I was recently asked this question by one of our America's Choice Insurance Partners clients, and thought I would share the answer here for our readers. ...
Read More

Why Do My Auto Insurance Rates Keep Going Up Even Though My Car Keeps Getting Older?

Why do my auto insurance rates keep going up even though my car is getting older?  At America's Choice Insurance Partners, many of our clients ...
Read More
Call Email Claims Payments