There are a lot of insurers that will cover a dry cleaning business. However, not all insurance agencies are equal. In fact, once you begin shopping for dry cleaning insurance this will become apparent. There are a variety of coverages on the market and many different promises that an agency can make to you. It’s important to know what you need. While it may be clear that you need standard coverage, there are also rarer coverages that you should consider. For instance, Business Interruption can be an important component in an insurance program. Here is what Business Interruption can do for you.
Sometimes the unthinkable happens. You can suffer damages from a flood or a fire that puts you out of business for several weeks due to repairs. Unexpected circumstances can shut down your business. What happens to all that lost profit? Usually, nothing happens at all. If you have coverage that offers Business Interruption, however, you can be paid your losses. You will continue to earn while your company is being repaired.
The best course of action is to find dry cleaning insurance that offers Business Interruption. You never know what might happen and as a business owner you want to be prepared and protected in case anything happens. Your source of income shouldn’t be compromised during an emergency.