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Get smarter Business Interruption Insurance coverage with our exclusive policies, tailored to meet the needs of businesses like yours.
Getting insured should be a simple process. With our team of experts and network of partners, we'll do the work for you and find the right product to get you Business Interruption Insurance fast.
By joining up with other entrepreneurs, you access better buying power and unlock group savings. Get exclusive rates and save up to 35% on your insurance premiums.
Business Interruption Insurance or Business Income Insurance is not a stand-alone coverage but rather, is an extension of Commercial Property Insurance that can cover profits, fixed costs including ordinary payroll and extra expenses when a business property claim arises to cover the profits a company would have earned had the loss not occurred. This can be extremely important coverage for businesses of any size, as extra expenses can interrupt the ability for a business to continue servicing its customers and meet contractual obligations. Without this coverage extension, your business may have to permanently close if a claim were to arise.
If you’re not sure about what Business Interruption Insurance coverage to get for your business, feel free to use our different contact options to discuss with one of our expert insurance brokers. We're happy to guide you through your business's needs.
A hurricane causes flooding and vast damages to your retail clothing business. While your business gets back on its feet, your Business Interruption Insurance is able to cover rent, employee wages and additional expenses.
Overnight, faulty wiring causes a fire in your restaurant and leaves extensive damage to your kitchen and dining area. You are unable to reopen until it is repaired; during this time though, you use your Business Interruption Insurance to cover the cost of moving and operating out of your temporary location.
Your local government mandates a complete street closure where your cafe is to fix a power line - forcing you to close your cafe for a few days. Your Business Interruption Insurance can cover the loss of profits during this time.
Coulter Wright
"I moved all my business and personal insurance to Foxquilt. Love these guys! Great service and quality. Plus you get incredible rates. Highly recommend."
Chief Financial Officer - Charly
Manish Sharma
"I used Foxquilt for Commercial Insurance and we needed it rather urgently for our home based business. They were really friendly and helpful to deal with and they turned around a policy within a few hours. It was so convenient and above all an amazing service!"
Self Employed Business Owner
Dan MacRiner
"As a small business owner Foxquilt was perfect for my needs."
Owner of The Local Vibe Tours
Christopher Stasiuk
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