Commercial insurance is essential for any business and business interruption coverage is one factor of commercial insurance that can sometimes be overlooked. Don Allred Insurance is here to provide comprehensive coverage for all of your commercial insurance needs in the greater Burlington, NC area. Don’t let an unexpected event have a negative effect on your business, especially when it is avoidable!
How Business Interruption Insurance Can Help Your Business
Business interruption coverage can make a catastrophic event an inconvenience rather than a business-ending situation. If a disaster occurs that prevents your business from functioning, a fire, for instance, this coverage can provide the financial coverage that is necessary until the business is back up and running. Typically, business interruption insurance provides coverage when there are extenuating circumstances preventing your firm from operating as usual. Our professional agents can review your needs and help you to determine exactly which policy and level of coverage is right for your needs.
Business interruption insurance, when added to your property insurance policy, can provide:
- reimbursement of lost profits based on previous month’s financial statements
- coverage of operating expense
- replacement and training costs for damaged equipment
- expenses during the rebuilding or repair of the premises.
If you own a business, interruption insurance can make all the difference if a catastrophic event affects your property and livelihood. Our agents are here to ensure that you have the comprehensive business interruption insurance coverage that you need to keep your business up and running, no matter what circumstances may arise.
Please give us a call today at (800) 280-2230 to set up an appointment with one of our commercial insurance specialists. Don Allred Insurance is proud to serve the Burlington, NC area, and we look forward to working with you!