Do you need business interruption coverage for your business? This important type of insurance covers a company’s lost earnings in the event that fire, theft or other event prompts a temporary shutdown. Business interruption insurance, also called continuation insurance, helps business owners continue to cover the costs of running their enterprise, including utility costs and wages, even though they are temporarily unable to earn revenue.
Business interruption can be a vital part of a company’s disaster plan. It’s estimated that one quarter to one half of businesses never reopen after a major setback or disaster. Many of those businesses that failed had no disaster plan and weren’t adequately insured. Don’t let that be your company! Start preparing for the unexpected today. A solid disaster plan is a must for just about any type of business. And so is the right insurance coverage. Are you ready for an insurance checkup for your business? Give us a call. We’re happy to help!