What Is Business Interruption Insurance? – Livermore CA

I’m Nathan, owner of Glass Insurance Agency. And the question I wanted to answer for you today is, what is business interruption insurance? Fundamentally, it replaces lost revenue as a result of a cover claim. Sounds easy enough, right? Now, unfortunately, it’s this level of simplicity that causes so many businesses, and even insurance professionals to ignore this extremely important coverage. And it’s so important because this coverage can make the difference whether or not your business survives, or not after a cover claim.
So, how do you determine appropriate coverage? The first thing you need to do is identify the possible risks that could cause your business to shut down, such as fire, wind damage, water damage, what have you. Once you’ve generated this list, the next thing to do is identify your response. How would you get your business up and running as soon as possible after that event? Once you’ve identified and formulated your response, the last piece of the puzzle is to figure out how much additional costs would you incur to get your business back up and running? And the reason for that is not only can we replace lost revenue, but we can also help reimburse those additional expenses which could, at the end of the day, be tens of thousands of dollars. So, if you’d like help walking through this process, or you’d just like to learn more about our agency, go to our website, glassinsagency.com. Take care.

Call Glass Insurance Agency in Livermore CA at (925) 443-1050


(925) 443-1050

1494 N. Vasco Rd. | Livermore, CA 94551