Products & Services

Business Income

Business Income Insurance is widely misunderstood and often inadequately evaluated. Business Income is a “time element” coverage – meaning the loss increases as time passes – pays for loss of earnings or income when business operations are interrupted, curtailed, or suspended due to a property loss as a result of an insured cause of loss. It also covers loss of rents, rental value, and extra expenses incurred to continue operations as long as they reduce the total amount of loss.

Properly written, business income coverage will enable recovery from catastrophe and restoration to conditions enjoyed before the loss. Improperly written, the chances for continued business success after a disaster are slim.

Gibson’s professional team will help you evaluate your business income exposures, make decisions in favor of preparedness, and select proper protection to meet your company’s needs both at the time of your insurance purchase and, more critically, at the time you need to recover from a calamity.