What type of coverage would indemnify a business for lost income during repairs?

Business Interruption Coverage is specifically designed to provide financial protection for businesses that experience a loss of income due to direct physical damage to their property, which necessitates repairs or rebuilding. This coverage helps to compensate for lost revenue during the period in which the business cannot operate normally, allowing the business to manage its ongoing expenses and maintain cash flow until normal operations resume.

In the context of an event such as a fire, natural disaster, or other incidents that damage a business's physical premises, this type of coverage becomes crucial. It not only supports businesses in recovering from a physical loss but also in mitigating the financial impact associated with downtime. This coverage typically includes various elements, such as fixed expenses and loss of profits, providing a safety net that helps ensure business continuity during challenging periods.

The other coverage types listed do not serve the same purpose. Property Damage Coverage focuses on repairing or replacing damaged property rather than compensating for lost income. Liability Coverage pertains to legal responsibilities for damages caused to third parties and does not cover lost operational income. General Liability Coverage similarly protects against claims arising from bodily injury or property damage to others, which is distinct from addressing the income loss a business may experience during repair periods.