{"id":563,"date":"2017-11-15T16:57:17","date_gmt":"2017-11-15T16:57:17","guid":{"rendered":"https:\/\/www.quincymutual.com\/blog\/?p=563"},"modified":"2023-11-07T16:04:17","modified_gmt":"2023-11-07T16:04:17","slug":"safeguard-your-business-with-business-interruption-insurance","status":"publish","type":"post","link":"https:\/\/www.quincymutual.com\/blog\/safeguard-your-business-with-business-interruption-insurance\/","title":{"rendered":"Safeguard Your Business with Business Interruption Insurance"},"content":{"rendered":"<p>Imagine this:\u00a0a fire seriously damages the structure of your office. You\u2019re forced to shut down for three months as repairs are made. Would you be able to incur all of the costs \u2014 your mortgage or rent, payroll, taxes, and more \u2014 without any revenue coming in?<!--more--><\/p>\n<p>Business Interruption Insurance (also known as business income insurance) is a critical component of any <a href=\"https:\/\/www.quincymutual.com\/blog\/2017\/10\/24\/small-business-insurance-necessary-coverages-and-endorsements-to-consider\/\">Businessowners Policy<\/a>. This type of insurance covers the loss of income that a business suffers after a disaster. The income loss covered may be due to a disaster-related closing of the business facility or due to the rebuilding process after a disaster.<\/p>\n<p>Here are some things that could be covered under your Business Interruption Insurance policy:<\/p>\n<ul>\n<li>Mortgage or lease payments<\/li>\n<li>Taxes<\/li>\n<li>Payroll<\/li>\n<li>Advertising<\/li>\n<li>Utilities bills<\/li>\n<li>Cost of renting a new business space<\/li>\n<\/ul>\n<p>In addition to covering normal operating expenses, Business Interruption Insurance also helps replace lost net income, based on your business\u2019s previous financial records. Extra Expense Insurance provides another layer of protection, covering any necessary expenses incurred during the period of restoration that would not have been incurred had there not been a direct physical loss or damage to your property.<\/p>\n<p>Quincy Mutual Group\u2019s Businessowners Coverage Form includes business income coverage for up to a year on an actual loss sustained basis. In other words \u2014\u00a0you don&#8217;t have to go through the process of determining a separate limit because there is no maximum limit. You will have coverage for your actual loss of business income for up to 12 months when you purchase a Businessowners Policy through Quincy Mutual Group.<\/p>\n<p><em>Have more questions about protecting your business? We work with over 500 independent insurance agents who are ready to help! Visit our website to connect with a local agent near you:<\/em><a href=\"http:\/\/bit.ly\/QuincyFindAgent\"><em>bit.ly\/QuincyFindAgent<\/em><\/a><em>. <\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Imagine this:\u00a0a fire seriously damages the structure of your office. You\u2019re forced to shut down for three months as repairs [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":577,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[276,283],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Safeguard Your Business with Business Interruption Insurance - Quincy Mutual Group<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.quincymutual.com\/blog\/safeguard-your-business-with-business-interruption-insurance\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Safeguard Your Business with Business Interruption Insurance - Quincy Mutual Group\" \/>\r\n<meta property=\"og:description\" content=\"Imagine this:\u00a0a fire seriously damages the structure of your office. You\u2019re forced to shut down for three months as repairs [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.quincymutual.com\/blog\/safeguard-your-business-with-business-interruption-insurance\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Quincy Mutual Group\" \/>\r\n<meta property=\"article:published_time\" content=\"2017-11-15T16:57:17+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2023-11-07T16:04:17+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.quincymutual.com\/blog\/wp-content\/uploads\/2017\/11\/Screen-Shot-2017-11-15-at-11.56.35-AM.png\" \/>\r\n\t<meta property=\"og:image:width\" content=\"1098\" \/>\r\n\t<meta property=\"og:image:height\" content=\"734\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\r\n<meta name=\"author\" content=\"quincymutualadmin\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"quincymutualadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.quincymutual.com\/blog\/safeguard-your-business-with-business-interruption-insurance\/\",\"url\":\"https:\/\/www.quincymutual.com\/blog\/safeguard-your-business-with-business-interruption-insurance\/\",\"name\":\"Safeguard Your Business with Business Interruption Insurance - Quincy Mutual Group\",\"isPartOf\":{\"@id\":\"https:\/\/www.quincymutual.com\/blog\/#website\"},\"datePublished\":\"2017-11-15T16:57:17+00:00\",\"dateModified\":\"2023-11-07T16:04:17+00:00\",\"author\":{\"@id\":\"https:\/\/www.quincymutual.com\/blog\/#\/schema\/person\/b11155a1d05981ef18711432cc8d0d9e\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.quincymutual.com\/blog\/safeguard-your-business-with-business-interruption-insurance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.quincymutual.com\/blog\/safeguard-your-business-with-business-interruption-insurance\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.quincymutual.com\/blog\/safeguard-your-business-with-business-interruption-insurance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.quincymutual.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Safeguard Your Business with Business Interruption Insurance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.quincymutual.com\/blog\/#website\",\"url\":\"https:\/\/www.quincymutual.com\/blog\/\",\"name\":\"Quincy Mutual Group\",\"description\":\"SERVING YOUR INSURANCE NEEDS SINCE 1851.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.quincymutual.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.quincymutual.com\/blog\/#\/schema\/person\/b11155a1d05981ef18711432cc8d0d9e\",\"name\":\"quincymutualadmin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.quincymutual.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/944a4b8c212290cf0512fbb41fc55f16?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/944a4b8c212290cf0512fbb41fc55f16?s=96&d=mm&r=g\",\"caption\":\"quincymutualadmin\"},\"url\":\"https:\/\/www.quincymutual.com\/blog\/author\/quincymutualadmin\/\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Safeguard Your Business with Business Interruption Insurance - Quincy Mutual Group","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.quincymutual.com\/blog\/safeguard-your-business-with-business-interruption-insurance\/","og_locale":"en_US","og_type":"article","og_title":"Safeguard Your Business with Business Interruption Insurance - Quincy Mutual Group","og_description":"Imagine this:\u00a0a fire seriously damages the structure of your office. 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