Business Income and Extra Expense Insurance coverage insure when a business suffers loss caused due to the suspension of its operations or property damage due to unforeseen events. Most business owners are skeptical when availing a Business Income and Extra Expense Insurance. The chances of a fire or your business getting shut down for months for some reason seems unlikely but it should be considered. One must ask the question of whether the insurance will cover temporary relocation in such events. So it is recommended to consult a professional to make sure you have a continuity plan for your business.