What is business income and extra expense about?

Business Income replaces your lost business income in the event of a covered loss. In regards to an apartment building insurance for example, if there is a fire and the tenants have to move out while the contruction is being completed, you will be compensated for your loss of business income.

The extra expense can be used to place your tenants in temporary housing, and may include moving expenses.

Check out my website for more details!