Commercial insurance in Medford, NJ is most commonly for losses because of unexpected incidents like fires or thefts. Your building and property are protected from damages because of accidents or crimes.
There are other kinds of losses your business could suffer because of bad weather. At Rock Insurance Services, we help small businesses in the Tri-State area make sure they have the coverage they need so they can move on after unfortunate events.
When Your Business Is Closed Through No Fault Of Your Own
Sometimes there are events, like big storms, that cause businesses to shut down until necessary repairs are made. While you are waiting, you still have to pay the same bills. Your bank still wants your mortgage payment, your employees need to be paid, and you need to keep paying your other day-to-day bills. Unfortunately, you aren’t making money while your business is closed.
Business Interruption Insurance
If you have a business interruption policy, you can make a claim on the income you aren’t receiving. If not already included in your Business Owner Policy (BOP) you can purchase protection separately.
Even if you have business interruption insurance, you can still run into problems while you are waiting to reopen. Talk to your insurance agent about the steps you need to take for your insurance claim and make a plan for your business so that nothing is neglected while you wait.
We Are Here To Help
If you have a small business in the Tri-State area, you should check your policies to make sure you are comfortable with your level of coverage. Rock Insurance Services can help you personalize your insurance package so your Medford, NJ has the protection it needs. Call today so we can give you your options.