Business Interruption CoverageWhen disaster strikes, business interruption coverage pays for lost income.

When a hurricane or earthquake puts your business out ofcommission for days-or months-your property insurance has got itcovered. But while property insurance pays for the cost of repairsor rebuilding, who pays for all the income you're losing whileyour business is unable to function? For that, you'll needbusiness interruption coverage. Many entrepreneurs neglect toconsider this important type of coverage, which can provide enoughto meet your overhead and other expenses during the time yourbusiness is out of commission. Premiums for these policies arebased on your company's income.

Excerpted fromStart Your Own Business: The Only Start-UpBook You'll Ever Need, by Rieva Lesonsky and the Staff ofEntrepreneur Magazine, © 1998 Entrepreneur Press