Compare Business Interruption Insurance, In Just One Search

Supporting your business through thick and thin is what we do, here at QuoteGrab. Finding solutions to your business' needs - all of your business needs - is just part of our 9-to-5! That means finding you a great fix at an even greater price is always at the top of our to-do list. So, if you need Business Interruption Insurance, you can be sure to find it here. But how do you actually find the insurance to suit your business?

Simple - with us. Fill out a form, and grab a quote!

Takes less than 2 minutes

Takes 2 minutes

Finding the solution to your business needs? Easy. Finding the solution fast? It's the QuoteGrab way. We can find you a fix in 2 minutes flat.

Saves you money

Save Money

We don't just use that 120 seconds to find you an answer to your business queries super-quick. It's the ‘low-cost answer' bit we really pride ourselves on.

Find a great provider

Get Great Business Interruption Insurance

It doesn't stop with the super-quick and low-cost solutions to your business needs - we only find you the high-quality solutions that are tailored to your business and it's future.

Find The Business Interruption Insurance For You

Sparing you a few minutes throughout your workweek and pocketing you a few pennies along the way is just how we like to do things, here at QuoteGrab. Supporting your business through its good days - and it's bad - is at the forefront of everything we do. And it's business solutions like Business Interruption Insurance which can ensure this. So how can you find an insurer that can provide this? Well, you don't need to worry about that - that's our job!

All you'll have to do is fill out a form and grab your quote! So, once you've clicked for one of our quotes, we're busy picking out the premiums, reviewing the ratings, and considering the coverage. Once we've run the numbers and totted up the final scores, we lay out the information crystal-clear to get you up to speed with Business Interruption Insurance.

Or you can cut to the chase, and grab a quote!

Why Compare Business Interruption Insurance Prices?

You don't need to be a business-pro to know the most important rule in business: money matters. Whether you're looking to save it or seeking to spend it, your next move in your bank account alters the future of your business. Here at QuoteGrab, we put your money first. That's right, we are always looking for opportunities to help you cut costs and save - not splurge. And sure, whilst price and quality should always be in equilibrium, pocketing a few extra pennies never hurt anyone, did it?

Benefits of Comparing Prices

Find lower-cost, higher-quality Business Interruption Insurance

Discover a wide range of premiums and insurers to choose from

Get a premium to suit your business' current and future needs

Business Interruption Insurance is key to ensuring protection for your business whatever the world throws your way. When your business does get interrupted - whether by a natural disaster, or another incident - you can be sure to be reimbursed for the trading time lost and other costs of shutting up shop. Question is: how can you find an insurer who can offer the perfect premium for your business?

Isn't it obvious? Simply fill out a form, and grab a quote!

In 2018 there was a total of 14,586 earthquakes around the globe! Would your business be affected if once of them struck you?
According to Wikipedia - October 2019[†]
How To Get Business Interruption Insurance Cheaper

We don't just love bagging a bargain for our clients - we can't turn down a good deal, ourselves! And because of this, we've gathered an arsenal of money-saving tips. So, it's about time we passed some of them down to you…


Compare Your Way To Low-cost Insurance

There's only one way to find a cheaper Business Interruption Insurance: by looking for one! There's a wide array of insurers out there looking to serve and support your business. All you've got to do is compare the terms, verify the costs, and review their individual ratings… Or you can grab a quote, and let us do that for you!


Consider Your Coverage

Business Interruption Insurance typically has a coverage limit - this is the maximum amount your provider will pay out if you have a claim. So, if you had a claim that exceeded this amount, you would be forking out for the last few pennies. This could take a bite out of your budget! It's thus advised that you determine your coverage needs to avoid a surprise splurge!


Relocate Your Business

Let's say you own a shop, and this shop just so happens to reside in an area with a high flooding risk. Your premium will be just as high as the risk of your business being flooded! There's only one way to avoid this - and that's by setting up shop somewhere new. Even if it doesn't appear a feasible option, this investment could prove crucial in the future.


Reflect On Your Business Needs

If you want to cut costs, you need to cut the insurance on offer. By reflecting on the nature of your business and its needs, you can ascertain the amount of coverage you need and the services included with premium. For example, if you work in an area with a low chance of business interruption, why not cut back on the insurance?

What Exactly Can Business Interruption Insurance Do?

This business insurance can compensate for the loss of sales and profit if your business is interrupted - that is, unable to operate for a period of time. The aim is to return the business back to the trading position it was in before the interruption occurred. These events could include fires or floods that damage stock or the place of business, the breakdown of equipment, or when a supplier is unable to reach you. The subsequent loss of sales and added cost of solving the problem at hand can make for a serious financial problem.

What Are The Benefits Of Business Interruption Insurance?

Business Interruption Insurance ensures the continuation of your business whatever the circumstances and restores the losses incurred by factors outside of your control. Incidents such as fires or floods are a constant threat, and this insurance can remove this risk. Other benefits include allowing you to continue to make rent payments, the possibility of relocating to operate your business, ensuring your employees get paid, and it can cover outstanding loan payments whilst your business is not operational.

Tips To Get Your Business Interruption Insurance Prices Cheaper

Even if it's a price you're willing to pay, there's always a way to keep those costs down. Here are some Quotegrab suggestions for cutting down on your Business Interruption Insurance costs:


Compare The Insurers
Fancy cheaper Business Interruption Insurance? Easy. It's time to get comparing! By scanning the insurers for their services, policies, and prices, you can determine the cheapest rate that will suit your business. Or, you can skip out the search altogether, and get your answer, like, super-quick. Just fill out a form, and grab a quote!


Invest In A Low-risk Location
The location of your business is a key determinant of your insurance premium. Is your office on a fault-line? Do you work near a riverbank? If you're choosing a new location, a more expensive rent could save end up saving you money in the long run when it comes to your insurance premiums. Are you ready to invest?


Tailor Your Premium To You
It's the official top QuoteGrab tip for cutting costs: work out what your business needs, and align the premium with it. Not only will it fit your business best, but by cutting back on unneeded extras, you can lower your premium. Don't have time to get reflective? Not sure how to align your needs with a premium? Well, we can do that for you.


Low-cost, Low-coverage
Coverage is a deciding factor in the price of your premium. By reflecting on your business' needs you can determine the extent of the coverage your business needs should it be interrupted. From there you can assess whether you're willing to fork out for the surprise spend should your coverage fall short of the overall cost, or if you're willing to cut corners.


Reflect On Re-opening
Business Interruption Insurance covers your business for the period of time you are not able to operate. So, it stands that assessing how long this process of re-opening will take can help you calculate the services you expect from the insurance. Ensure that the maximum period of restoration is sufficient for your business. Otherwise, the costs could add up to more than you expect.


Protect Your Business From Interruption
As with all measures to reduce insurance premiums, added protection is a useful tactic. If the coverage of your premium doesn't extend to the extent you need, this could be a costly problem in the future. By ensuring all the necessary steps to protect your business, you can reduce the extent of the problems at hand, making sure you stay within the coverage.

Frequently Asked Questions

We get emailed, tweeted and asked the same questions every day. So, to combat those queries, we've decided to answer the most common ones here.

+ What Businesses Needs Business Interruption Insurance?

If your business relies on a physical location and assets such as machinery, it needs Business Interruption Insurance. Shops and restaurants, for example, need their physical location to operate; this can be compromised by natural events that are out of your control. On the other hand, if you work from home, for example, you do not need Business Interruption Insurance. Also, if you rely on certain customers, and carry a lot of stock, this insurance is a must.

+ What Does Business Interruption Insurance Cover?

Business income insurance is another term for Business Interruption Insurance as this is the focus of its coverage. It replaces the income you have lost. Typically it covers the income you would've earned had the incident interrupting your business not occurred, normal operating expenses that continue even if the business is closed such as payroll, and the expenses of moving to a temporary location.

+ What Does It Not Cover?

Unfortunately, this insurance doesn't cover every cost you may incur. Common exclusions from the insurance include utility bills that are not charged to you during the closure of your business, any income that isn't documented in your financial records, and losses from closures that are caused by perils not included in your policy. Also, any damage to business personal property such as furniture is not covered within this insurance.

+ What Are The Causes Of A Business Interruption?

The most common causes cited for business interruption include fire and floods. Floods, for example, can leave your place of work unusable for 2 months. The incidents that are covered in your insurance will be outlined in your policy. Other causes can include supplier failure, cyber incidents, and machinery breakdown.