How Can I Include Business Interruption in My Commercial Insurance Plan?

You may live in an area where flooding, earthquakes or hurricanes sometimes wreak devastating havoc. As if natural disasters weren’t nerve-racking enough, having a business compounds the anxiety over possibly losing your home and possessions. Luckily, business interruption service covers you for business losses due to a natural disaster. Everett Insurance Group agents can help you have one less thing to worry about in Las Vegas, NV.

What Is Business Interruption Insurance?

Business interruption, or business income, insurance covers financial losses to your business due to a disaster. This includes disaster-related closing or rebuilding after a disaster.

Business interruption service varies from property insurance, which just covers physical damage to your facility. In contrast, business interruption insurance pays for what you would have earned. The purpose is to your business back in the same standing as before the accident.  Like all coverage types, it covers perils listed in your policy, so that’s one area you should clarify and customize to the risks in your area.

How Can You Get Business Interruption Insurance?

You can purchase business interruption insurance through your business property insurance or in a bundled package, such as a BOP, or business owner’s policy. In some areas, you can purchase it as an individual policy. Note that business interruption is considered a subset of a primary policy, which will dictate the covered events.

Contact Us

Contact Everett Insurance Group today regarding all your business insurance needs. Business interruption insurance can help you continue to pay salaries and wages and meet business obligations while you’re rebuilding your livelihood. Make an appointment today to ensure that your Las Vegas, NV company is adequately insured.