What would you do if a catastrophe prevented your business from opening? Keeping your business operating in a fashion that is as close to normal as possible is crucial to recovery. While business interruption insurance will pay for your covered losses, your only change of surviving and prospering is to keep serving your customers.
Insurance adjustors know from many years of experience in helping businesses recover from disasters that there are some operational strategies and emergency recovery procedures to follow as you pick up the pieces. If possible, continue conducting business operations as normally as possible. Your customers will appreciate your efforts to provide them continuing service.
Business Interruption coverage can offer the following:
- Extra expense coverage designed to help your business continue operations
- Loss of income to provide for the loss of net profits your business would have earned, including those expenses that continue during the period of business interruption.
- Coverage is usually activated when your business is directly damaged by a covered peril such as fire, storms, lightning, riots, or explosion at the insured premises.
- Most policies do not cover losses resulting from interrupted water, electrical, and natural gas supplies, or telecommuncations service, unless the interruption occurs on the premises.
Contact us today to learn more about business interruption insurance.
The Turner Agency, Inc. is a local Trusted Choice® independent insurance agency based in Greenville, South Carolina. Serving the Upstate of South Carolina and beyond since 1962, we offer a variety of personal and business coverage choices and can customize an insurance plan to meet your specialized needs for home, auto, business, or other insurance products. Contact The Turner Agency today.
The information in this article was obtained from various sources and is not all inclusive regarding the subject matter. This content is offered for educational purposes only.
