If a fire, severe storm, or unexpected disaster forces your business to close its doors for days or weeks, property insurance will pay to rebuild your physical space. But how do you pay your bills in the meantime?
Business Interruption Insurance (also known as Business Income Insurance) is designed to replace your lost revenue and cover ongoing operational expenses when a covered peril forces you to temporarily shut down.
What Does It Cover?
While your doors are closed, this coverage steps in to help you manage:
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Lost Revenue: Replaces the income your business would have realistically generated based on financial records.
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Ongoing Operating Expenses: Covers rent, mortgage payments, and lease agreements that don’t stop just because your operations do.
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Payroll: Ensures you can continue paying your key employees so you don’t lose your best talent during a rebuild.
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Taxes and Loan Payments: Keeps you current on essential financial obligations.
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Relocation Costs: If you need to temporarily operate out of a different facility, this can help cover the transition costs.
Why You Need It
Many business owners incorrectly assume their standard Commercial Property or Equipment Breakdown policies cover lost income. They do not. Business Interruption is the bridge that keeps your company financially solvent while you repair the physical damage to your business.
Coverage Across the Country
Disasters don’t respect state lines, and neither do our coverage maps. Barefoot Insurance Broker provides comprehensive Business Interruption policies to businesses in almost all 50 states, ensuring you have a safety net no matter where your operations are located.
Protect your cash flow before disaster strikes.