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Loss of Income definition

Glossary · coverage

Loss of Income

Plain-language definition

Coverage for income lost during restoration.

Definition
Loss of Income
More common in commercial policies. Loss of rental income (DP-3) is similar for landlords.

More common in commercial policies. Loss of rental income (DP-3) is similar for landlords.

In practice

Where you encounter "Loss of Income"

Policyholders encounter "Loss of Income" in policy language and claim correspondence. Knowing the precise definition keeps you from accepting carrier framing.

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Glossary

Related insurance terms

Reviewed: April 24, 2026

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  • Licensed Florida public adjusters
  • We work for policyholders, not insurance companies
  • No fee unless we recover more than you were offered
Step 1 of 6· Damage17%

What kind of damage?

Pick the closest match. We will ask for details later.

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