Business interruption insurance covers the revenue you would have earned, based on your financial records, had the disaster not occurred. The policy also covers operating expenses, like electricity, that continue even though business activities have come to a temporary halt.

Business interruption insurance compensates you for lost income if your company has to vacate the premises due to disaster-related damage that is covered under your property insurance policy, such as a fire. It also covers the expense of moving your business to a temporary location and may include both moving and rent costs.

This is an essential part of the coverage while you’re shut down. Your coverage can help you make payroll to your employees when you’re unable to operate.

Many leases require the renter to continue making payments even if the premises become unusable. Most also exclude renters from any insurance a landlord has, so you need to rely on your own coverage.

Businesses are still required to pay taxes and monthly payments, even when disaster hits. This can help you pay your taxes on time.