The impact of fire, flood, earthquake, burglary and even simple accidents may interrupt the normal operation of business causing a reduction in loss of income. Following a Material Damage claim, Business Interruption Insurance will help keep your business running, covering loss of revenue, profits and paying fixed expenses. The most common claims we see are:
- Loss of profits due to an insured peril e.g. wind, storm, hail, flood etc
- Increased costs of working such as leasing alternative premises and/or hiring equipment
- Landlords loss of rent when tenants can’t occupy a building
