Business interruption insurance is included in most business owners policies. It’s the coverage that will compensate you for lost sales due to a covered loss or disaster.

If you have a commercial package policy, you’ll likely need to purchase business interruption insurance separately (or add it to the package), if you have a businessowners policy, you should make sure that the amount included on the policy is sufficient for YOUR business.

According to FEMA, after a catastrophe or disaster 40% of businesses do NOT reopen and within one year an additional 25% will fail. The vast majority of these cases are because the business owner did not have sufficient business interruption insurance to keep them afloat while the business was being rebuilt and customer traffic patterns resume normal.

A properly designed business insurance policy will provide you with money to cover –

  • Lost Revenue
  • Fixed Expenses (rent, utilities etc.)
  • Costs from operating from a temporary location or increased costs of doing business in current location

If you’re not sure you are covered properly, Contact Us for a free review.

About Dawson Insurance

The first independent insurance agency in Dawson County, Dawson Insurance has a history of excellence since 1964. Located in Dawsonville, Georgia, we also offer unparalleled service and competitive quotes to personal and business insurance clients in Cumming, Gainesville, Alpharetta, and throughout the entire State of Georgia.

(The above article provides a brief overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions, and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control.)