Sometimes, things happen that are beyond our control. Ask yourself could an unexpected event such as a fire, flood, or pandemic force you to temporarily shut the business down?

Natural disasters, cyber-attacks, or even equipment failures can end up causing lost revenue, while expenses continue.

Business continuity insurance compensates for lost income and covers expenses such as ongoing payroll, rent, and utilities while you recover. You'll not only have peace of mind, but you'll be prepared for accompanying financial challenges while maintaining the stability of your business.

As a top local, experienced independent insurance agent in Westchester County, NY, we are not captive to any single insurance company, allowing us to offer a range of policy options from different insurers.

We'll tailor coverage to the unique needs and risks of your business, ensuring that you receive comprehensive protection without overpaying.

We can also advise you on policy limits, additional coverages, and exclusions relevant to your industry, helping you make more informed decisions.

How much coverage do I need? 

It depends on how much of your gross earnings and profits you want to cover. Keep in mind if you underestimate what you need, you may end up paying out of pocket for anything you hadn't considered.

How much does business interuption insurance cost?

The cost of plan is determined based on the nature and location of your business, how many employees you have, prior claims, and more. Let's have a conversation to figure out what the answer is for your business!

What are the limits to Business Interuption Insurance? 

Most insurance plans have maximum payout limits, so you need a comprehensive business liability to cover your basics. Supplemental plans will fill in the gaps. For example, Property Insurance typically doesn't cover flood damage, so you won't receive payments if a business interuption is caused due to flooding. Additionally, there may be time limits you need to be aware of.

Again, this is where Newhouse can help you navigate the waters!

• Exposure identification
• Insurance coverage review
• Insurance and risk management options
• Carrier negotiations
• Policy limit and retention benchmarking analysis