Business interruption insurance helps replace your lost income after a covered loss. For example, if you were forced to shut down.
Operations to repair damage from a windstorm, business interruption insurance would cover your lost income so you could pay your mortgage or lease, any due taxes or loan payments, and employee payroll.
Business interruption insurance is often included as part of a business owner’s policy (BOP).
Business Owner’s Policy
A business owner’s policy includes general liability insurance and commercial property insurance in a bundled package.
It also often includes business interruption insurance. It is designed for small to midsize businesses.
You can also add on coverages to a BOP, such as equipment breakdown insurance.
Spoilage Insurance
If the food at your restaurant spoils due to a power outage or equipment breakdown, spoilage insurance pays to replace it.
