This insurance coverage protects building owners against loss of income when rentals have been interrupted or rental value has been impaired by the occurrence of any of the insured perils. Essentially, this is Business Interruption insurance for the landlord; it assures continuous income while an insured building is untenantable.
Looking to learn more?
At The Insurance Center, we want to empower you with knowledge about insurance. Check out our glossary for a listing of important insurance terminology to help you get started.