This "covered cause of loss" is usually related to the damage of the property.
However, some insurance companies require that glass coverage, such as plate glass insurance, be added to the policy as a separate coverage for an additional premium.īusiness Interruption Insurance (or Business Income Insurance):īusiness interruption insurance typically covers a company's lost income during a "period of restoration" that must be caused by a "covered cause of loss", like a fire. Many business property policies cover glass breakage. If you have specific questions about your insurance policy, you should call your agent or insurance company. Policy limits and deductibles will most likely apply when using this coverage for repairs.
Each insurance policy can be different in relation to what is covered and what may not be covered. This coverage typically covers costs for damage to your building and contents resulting from a covered loss (peril) like fire, looting, vandalism, or riots. The following information is intended to help you understand what coverages may be available to you under the insurance policies for your business. It can also be confusing when it comes to understanding your insurance coverage. The days following an event, like looting, vandalism or riots, can be overwhelming and stressful.