What You Should Know About Seasonal Business Insurance
Insurance Neighbor • April 19, 2023
What Kind of Protection Does Seasonal Business Insurance Provide?
- Special events: If you have a business that hosts fairs, festivals, concerts, or other events that require coverage if canceled, special events insurance covers the losses you may face, including ticket refunds, lost income, and the cost of the venue.
- Pop-up stores: Some businesses do not need to rent out a building all year-round. Many seasonal, short-term businesses rent a property for a limited time. With seasonal business insurance, equipment, and inventory can be covered. It could also protect you against liability if someone sustains injuries while visiting the property.
- Hazard income loss: Terrible, unforeseen events can happen while operating a summer business. You could experience a robbery or inclement weather that could damage your operation, closing it down for the rest of the season. Talk to your insurance agent about policies that include income replacement in the event that your business must close due to vandalism, weather damage, or theft.
- A weak season: If you have a business that makes most of its money during certain seasons, seasonal business insurance can protect you if you come up short and cannot cover your expenses, such as rent or employee paychecks. Ultimately, it could help keep the doors of your business open even during times of struggle.
Talk to Our Team About Your Seasonal Business Insurance
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