Provide Coverage to Lost Revenue with Business Interruption Insurance - Temecula Insurance Agency - Carver for Auto, Home, Life & Health

Provide Coverage to Lost Revenue with Business Interruption Insurance

A quality business insurance policy will also protect your business. Be on the safer side of caution and contact Carver Insurance Services, Inc. in Murrieta for all of your California business insurance needs.Business interruption insurance can cover lost revenue should you have to temporarily close your business' doors. 

Property insurance covers any physical damage and losses to your office, furniture, and equipment done to your office (up to a limit, and only if the damage was done by a covered incident). This coverage can help pay the costs of rebuilding or replacing any damaged property. But construction does not happen overnight, so what happens to the losses resulting from your business' inability to operate? Unless you have business interruption insurance, that money goes out the door–never to be seen again. Here are a few things you should know about business interruption insurance. Keeps your business afloat. When your business has to shut down due to a covered event, you are going to lose revenue. If your small business depends on the daily business, you may be forced to shut your doors, for good. Fortunately, with business interruption insurance, you can be reimbursed for the lost revenue keeping your business open. Typically, business interruption insurance will cover: • Expenses operating from a temporary location • Utilities and rent costs and other fixed expenses • And of course, revenue lost due to the closure How to obtain business interruption insurance. One does not simply purchase business interruption insurance. You must purchase it as a rider to another legitimate form of business insurance. You can obtain it as part of the following types of coverage: • Commercial property insurance • Business owners policy – Typically for small businesses • Commercial package policy A quality business insurance policy will also protect your business, but adding on business interruption insurance can really protect your business when it needs it most and should you have to temporarily close your doors. Be on the safer side of caution and contact Carver Insurance Services, Inc. in Murrieta for all of your California business insurance needs.

Share this post