The size of your business, the industry in which it operates, and the coverage levels you select all influence the price of business interruption insurance.
The location, revenue, and claim history of your business are additional factors that can influence the cost of business interruption insurance.
Annual premiums for business interruption insurance can range from a few hundred to several thousand dollars.
However, the specifics of your company and the coverage options you select will determine the actual cost of your insurance.
Nothing is actually broken by viruses. According to what Wiggin and Dana partner and Quinnipiac
University School of Law insurance law professor Michael Menapace told Insurance Information Institute reporter Jeff Dunsavage:
In contrast to a fire or wind-damaged windows, the virus leaves no visible trace.”
