Does Business Interruption Cover Lost Revenue?
It may cover lost business income after a covered shutdown, but the policy usually calculates net income and continuing expenses rather than gross sales alone.
“Revenue” in ordinary speech is not necessarily the policy’s payment measure: the form may deduct expenses that do not continue and account for continuing operating costs. The amount also depends on the covered trigger and restoration period.
Check the policy definition of business income, documentation requirements, limit, waiting period, and method for projecting results. Gather pre-loss financial statements and records of saved expenses. Ask whether extra expense is included and how partial operations or a temporary site affect the loss calculation.
