Most commercial property insurance policies provide coverage for business income loss by adding an endorsement to the insured’s property policy that is designed to protect the insured from loss of business income sustained as a result of direct loss, damage, or destruction to insured property by a covered peril. Best known by the name “business interruption insurance,” this coverage can bridge the income that is created while the business recovers. Commercial property insurance policies usually include business interruption coverage unless it is specifically written out of the policy. This coverage is designed to protect the income a business would have produced had its operations not been interrupted by an outside event, such as a natural disaster. Small business owners familiar with their policy have the best chance of receiving coverage when they need to file a claim. We can help you determine the right policies for your business. To learn more, please call our office. Whether it’s personal, business, or life and health insurance, our office designs and develops total insurance programs.

QUICK TIP: Business interruption insurance covers loss of business income only during the “period of restoration,” usually defined as the length of time required to rebuild, repair, or replace the damaged or destroyed property.