We wish we could predict what the future will bring, but that is not possible. After establishing a business, you want it to continue to grow, become more profitable, and provide the resources to owners and employees that they need. Business interruption insurance provides a layer of protection that could help your enterprise survive when a disaster forces the entire operation to shut down.
Business owners understand that they must protect their assets from fire and theft, but may not think about the financial losses that will stack up during the period the business is shuttered while repairs are made. Disasters happen – including storms, floods, fires, lightning damage, and a range of other unexpected events. Your business interruption insurance pays out the costs of doing business that you have lost during the period in which you cannot operate. The costs these policies pay include the business revenue you would have earned if the disaster had not occurred – allowing your operation to stay alive, as well as to retain key employees and pay the bills that continue to arrive.
At Broadwell Insurance Group in Newport News, Virginia, we are committed to helping our local businesses survive through the tough times, and we provide the full scope of business insurance – including business interruption insurance – to bring a higher level of security. When you know your business will survive, even if every activity is halted, you are giving your enterprise a chance at longevity. Many businesses that are forced to halt due to unexpected events never recover. We want to help our local businesses flourish in the long term.
Call us and speak with us about this vital protection geared to allow your enterprise to survive when disaster strikes.