Why Have Business Interruption Insurance?
The unfortunate truth of living in South Florida is that our area is uniquely positioned to be affected by hurricanes and other natural disasters. In the wake of a hurricane, it may be days before the power comes back on and your business is able to re-open and get its operations back up and running and before you can earn revenue again. Meanwhile, the work and orders may be piling up while you are waiting for your power to be restored or, even worse, your customers may be turning to other suppliers to help them meet their own deadlines while your business is recovering from a hurricane. If you have business interruption insurance, your fears may be assuaged, because you can make a claim for that lost income caused by the hurricane by putting your business out of commission for days or even weeks.