Business Owners Policy
Business Income Coverage
Business income coverage replaces the revenue your business loses while recovering from a covered property loss. If a fire forces you to close for six weeks, business income coverage pays for ongoing operating expenses and lost profits during that period — keeping your business financially viable through recovery.
Business Owners Policy
What You Need to Know About Business Income Coverage
Revenue Replacement
Covers the net income your business would have earned during the restoration period, calculated from your actual revenue history and projected operations. It bridges the gap between the loss event and when your business returns to normal revenue levels.
Fixed Operating Expenses
Pays ongoing fixed costs — rent, utilities, loan payments, and payroll — while your business is unable to operate normally. These obligations don't pause when operations do, and coverage ensures they're met without drawing down reserves.
Extra Expense Coverage
Pays the additional costs needed to keep operating during restoration — temporary space, expedited shipping, rental equipment — that exceed what you'd normally spend. Getting back to normal faster often costs money that extra expense coverage addresses.