US Weather Insurance :: What is Income Stabilization?

October 11th, 2013 | Posted by Alicia Milillo in weather insurance

Weather affects all types of businesses, indoor or outdoor. Income stabilization coverage ensures that the business won’t be impacted in the case of unfavorable weather conditions. Indoor businesses like restaurants may purchase income stabilization coverage for the threat of bad weather that can impact the turnout of their customers. Other companies like ski resorts that depend on certain outdoor conditions to turn a profit can also utilize income stabilization. For example a ski resort needs snow to make money, the more snow fall that season the more customers they will draw in. The ski resort would take out an income stabilization policy for a certain amount of snowfall during the season. If it snowed less than that number, the ski resort would be covered and US Weather Insurance would pay out.

In order get a quote on an  income stabilization policy US Weather Insurance would need to know the dates (time frame) of the coverage, the location of the business, the amount of coverage ($) you would need, and the type of weather that would impact your business the most. Based on this information US Weather Insurance will be able to calculate the cost of the coverage and send over a complete quote with an application. To find out more information you can submit a quote request online or call US Weather Insurance.

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