Business Income Insurance Coverage: Calculating How Much Your Company Needs

Commercial property coverage can help protect your company’s property from physical damage caused by a fire, windstorm, vandalism or other covered cause of loss. Sometimes, the covered property damage causes your business to shut down temporarily. Should revenues decline or come to a halt as a result of a covered loss, business income coverage may provide the financial protection you need to meet your continuing expense obligations such as payroll, rent, utilities and taxes, as well as protect your net income during the time your business is unable to operate. 

Completing a business income worksheet can help you estimate how much business income coverage you may need. Together with a sound business continuity plan, it serves as a critical planning tool to help your business recover from unplanned business interruptions.

To get started, download a business income worksheet for your industry.