What Is Business Interruption Insurance and Do You Need It?

There are numerous risks associated with running a business. A business owner might worry at some point what they can do if they had to close their business for even a short while. If you are concerned about this, it’s in your best interest to talk to an agent from Fortress Insurance Agency of the Overland Park, KS area. 

What Is Business Interruption Insurance?

Business interruption insurance protects income that you might lose and helps you move locations in the event you can’t use your space at all due to an accident or disaster. This may allow you to be able to open your doors again fast. Since property insurance typically doesn’t cover financial business losses, it may be a good idea to set up this specific policy for additional coverage. 

If you do not have a solid plan that helps you deal with a sudden loss of income or for relocation after an accident or serious damage to your property, insurance will be a crucial thing. When your business requires some time to heal after there’s been a hurricane, fire, or some other type of disaster, you can rest easier knowing you have the right coverage. 

If you don’t have interruption coverage in your policy contract, you likely will be under-insured. This can be added to a commercial property policy or your Business Owners Policy. If you need some more information before you decide if you’d like business interruption insurance, talk to an expert from Fortress Insurance Agency. We serve the greater Overland Park, KS area and are proud to help new customers at any time. Reach out today and we can help you find the right policy.