Auto Owners Insurance Policy Button. Click this button if you are interested in an auto owners insurance policy quote.
Home owners insurance policy insurance quote button. Click this button if you are interested in a homeowners insurance policy quote.
Life Insurance Policy Button. Click here if you are interested in a Life insurance policy quote.
Business Policy Insurance Button. Click here if you are interested in a business insurance policy quote.

Business Interruption Insurance Tampa

Since opening our first office in 1974, Odiorne Insurance has been recognized a Florida based leading insurance provider.

Business Interruption Insurance (also known as Business Income Insurance) covers the loss of income that a business suffers after a disaster while its facility is being rebuilt. A property insurance policy only covers the physical damage to the business, while the additional coverage allotted by the business interruption policy covers the profits that would have been earned. This extra policy provision is applicable to all types of businesses, as it is designed to put a business in the same financial position it would have been in if no loss had occurred.

This type of coverage is not sold as a stand-alone policy, but can be added on to the business’ property insurance policy or comprehensive package policy. Since business interruption is included as part of the business’ primary policy, it only pays out if the cause of the loss is covered by the overarching policy.

As a Tampa, FL  Independent Agency, we represent many insurance carriers. This allows us to better assist you with a wide variety of programs that are specifically designed to meet your needs.

Let our professional service, and special attention to your needs show you the reason why, “your local agent does make a difference.”

If you live in the nearby community of BrandonClearwaterSt PetersburgSeffnerValricoFish Hawk RanchRiver HillsBloomingdaleLithiaRiverviewSummerfieldSunCityRuskinWimauma, or Plant City, we would love to hear from you. We’re here to serve you and your free insurance evaluation and estimate is only a click or call away.

You can always expect to receive amazing service at the best prices, there is no reason to delay. Let’s start your quote for Tampa, FL today.

With almost 40 years experience, we have seen, heard and insured just about every situation you can imagine. Call us today or begin your free, no obligation insurance estimate online for Tampa, FL right now.

Business Interruption Coverage Information

The following are typically covered under a business interruption insurance policy:

 

    • Profits- Profits that would have been earned (based on prior months’ financial statements);

 

    • Fixed Costs- Operating expenses and other costs still being incurred by the property (based on historical costs);

 

    • Temporary Location- Some policies cover the extra expenses for moving to, and operating from, a temporary location;

 

    • Extra Expenses- Reimbursement for reasonable expenses (beyond the fixed costs) that allow the business to continue operation while the property is being repaired.

 

This coverage extends until the end of the business interruption period, which is determined by the insurance company. Most insurance policies define this period as starting on the date of the covered peril and the damaged property is physically repaired and returned to operations under the same condition that existed prior to the disaster.

For a fast quote request call or click below to start. Your local agent makes a difference. Contact Odiorne Insurance Today for a fast and friendly insurance quote.
  • Select from the following options to be directed to the insurance request form.