Will insurance for my business cover lost rental income?

Whether or not your insurance for your business will cover lost rental income depends on the specific policy and coverage you have. Business interruption insurance, also known as business income insurance, is a type of insurance that covers lost income and expenses when a business is forced to temporarily shut down or reduce operations due to a covered event, such as a fire or natural disaster. This type of insurance can cover lost rental income if your business relies on rental income and the disruption is caused by a covered event. However, it's important to note that business interruption insurance does not cover all types of disruptions or losses. For example, if the disruption is caused by a pandemic or government shutdown that is not explicitly covered in the policy, the insurance may not cover lost rental income. Another type of insurance that may cover lost rental income is landlord insurance, which is designed specifically for landlords who rent out their properties. This type of insurance typically covers damage to the property as well as lost rental income if the property becomes uninhabitable due to a covered event, such as a fire or natural disaster. It's important to review your insurance policy and speak with your insurance provider to understand the specifics of your coverage and what is included. If you believe that you have experienced a covered event that has caused lost rental income, you may want to file a claim with your insurance company. In summary, whether or not your insurance for your business will cover lost rental income depends on the specific policy and coverage you have. Business interruption insurance and landlord insurance are two types of insurance that may cover lost rental income, but it's important to review your policy and speak with your insurance provider to understand the specifics of your coverage.