Business Income & Extra Expense.
Coverage that may help with lost business income and continuing expenses following an eligible covered loss that interrupts your operations.
Help Protect Your Income After a Loss
When a covered loss forces your business to close temporarily, the lost income can be as damaging as the property damage itself. Business income insurance may help replace lost income and cover continuing expenses during the restoration period. We help Texas business owners understand their options.
What This Coverage Can Help Protect
Covered Business Interruptions
May help with lost income when a covered loss interrupts your operations.
Lost Business Income
Help replace income you would have earned during the interruption period.
Continuing Expenses
Help cover ongoing expenses that continue even when your business is closed.
Extra Expenses
May help with reasonable extra costs to resume operations after a covered loss.
Coverage Considerations
Restoration Period
Coverage typically applies during a defined restoration period after a covered loss.
Waiting Period
Some policies include a waiting period before business income coverage begins.
Documentation
Financial records are important to support a business income claim.
Covered Causes
Business income coverage applies only to interruptions caused by covered losses.
Who This Coverage Is For
Businesses That Depend on a Location
Operations that would lose income if their building became unusable.
Property Owners
Owners who lose rental income when a property is damaged.
Businesses with Fixed Costs
Operations with continuing expenses even during a closure.
What type of property?
Select the property type that best describes your building.
Business Income & Extra Expense Insurance Questions, Answered
Business income insurance may help replace lost income and cover continuing expenses when a covered loss forces your business to close temporarily.
The amount is typically based on your financial records and the projected income you would have earned during the interruption period.
No. Business income coverage applies only to interruptions caused by covered losses under your policy.
Extra expenses are reasonable costs you incur to resume operations more quickly after a covered loss.
Ready to Explore Your Options?
Start with a few details and let our team help with the rest.
Coverage Disclaimer: This page is for informational purposes only and does not describe any specific insurance policy. Coverage, availability, eligibility, features, discounts, and limits vary by product and jurisdiction and are subject to policy terms, conditions, limitations, and exclusions. Actual terms, limits, exclusions, eligibility, and availability depend on the selected policy and insurer. Contact Texas Commercial Property Insurance to discuss your specific situation and available options.