California Business Income Insurance For Every Business
Business interruption insurance, also known as business income insurance, covers the loss of income that a business suffers after a covered loss, (fire, wind storm etc), while its facility is shut down or in the process of being rebuilt. Business interruption insurance premiums are deductible as ordinary business expenses. This type of policy pays out only if the cause of the business income loss is covered in the underlying property/casualty policy. The amount payable is usually based on the past financial records of the business.
When considering business income you also need to determine if you have certain risks that would require specific limits within the overall coverage. If these are not managed correctly, you may suffer a loss and not have enough insurance to ensure your recovery.
Business Income Insurance
Robert Bell Insurance Brokers understands that every business and industry is unique, which is why regardless if your business is large or small, simple or complex, we have the expertise to identify the ways to properly insure the particular needs of your business. As business owners ourselves, we understand the special protection businesses need to prosper.
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