Increased cost insurance
In some areas of business, it is possible to continue business activities after the occurrence of damage only if special costs are incurred. For example, when a power substation is flooded, it is possible to rent a diesel generator as a substitute source of energy and continue to operate in full or to a limited extent. The cost of renting and fuel consumption is paid from the insurance of increased costs. Similarly, in the event of a fire, for example, office operations can be quickly moved to replacement areas and continued to operate there.
Each company is individual and has different needs for the correct setting of insurance of increased costs in case of limitation or interruption of operation. Contact Eurovalley insurance brokers to help you analyze business interruption risks and recommend appropriate insurance coverage.