Business Interruption Insurance Principles For Real Estate Dummies

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We’ve just returned from the International Council of Shopping Centers Law Conference in San Diego. The “hot topic” this year seemed to be “insurance,” and the “hot sub-topic” seemed to be “business interruption insurance.” To some, that means “rent insurance.” In May, we wrote: “What Would Rent Insurance Be If There Were Such A Thing?” You can see that blog posting: HERE. Basically, “rent insurance” is a colloquial term for a major “element” of Business Interruption Coverage, which, itself, is a colloquial term for “Business Income” coverage, which is what the appropriate forms are titled. [Read more…]

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