Business Expenses after a Disaster?
Until that disaster actually hits, many of us cannot fully understand the impact it will have on our lives and or businesses. Property damages are one aspect, but the interruption to our lives and business activities can be equally or even more devastating. Fortunately many people foresee the need to having business interruption insurance for those unfortunate needs. This type of insurance typically covers income that is lost during the suspension of the business operations. It can also cover expenses that are incurred while this operations are suspended or the need to temporally relocate your business . The recent floods in Colorado, made many aware how disasters can ultimately impact them. Take the time to go over your policy with you friendly hometown agent whom will help you access your coverage in these areas.