Business Interruption Insurance

Business interruption insurance, also known as business income insurance, covers the loss of income when a business is forced to shut down after a covered loss.  This coverage includes loss of revenue, as well as extra expenses if the business has to operate out of a temporary location.


A typical standalone, mono line property insurance policy may leave you exposed, as it will protect your business only from the damages due to losses covered by the policy.  For example damage to furniture destroyed in a fire, damage to an office building because of a storm, equipment which has been stolen.  Property coverage will help you pay for the cost of rebuilding or replacing your damaged property.  However, during one of these losses, your business may be forced to shut down for one, two, three, maybe even twelve months.  Business Interruption coverage will help to pay for the loss of income, because your business is not able to operate.


Sometimes this coverage is bundled into a package policy, and sometimes you need to obtain it on a standalone form.  Either way, MirState Insurance will make sure this important protection is part of your business insurance portfolio.  We will not allow your business to be left exposed!

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