How to Calculate Business Income
If your business had to shut down tomorrow because of a fire, hurricane, or cyberattack, would your insurance cover your lost income? The answer depends on one thing: the number you give your insurance company.
- If you guess too low, your claim payment may not be enough.
- If you guess too high, you could be overpaying every year.
This worksheet helps you calculate:
Your true net income after expenses
Ongoing costs you would still owe during a shutdown like rent, salaries, loans, and utilities
Extra expenses you might face to keep operating such as temporary space, moving, or equipment rental
A margin for error to account for growth or inflation
With these numbers, you will know your real Business Income Exposure. This is the amount you actually need to insure to keep your business running, pay your team, and cover expenses until you are fully back on your feet.
At The Bunker Insurance & Risk Management, we use this exact approach to make sure your insurance program matches your business reality, not just a guess on paper.
Get your Business Income Worksheet today and take the guesswork out of protecting your income.
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