Doesn’t matter even if it does (and many policies do). This is the same argument as “you can deduct it from your taxes.”
Yes, I might get money back at some future date. But i have to suffer the consequences and losses NOW. There will be a delay before the payout. You can be sure the insurance company will pay as little as possible. And until then, you can’t make any income (but the outstanding invoices for the stolen stuff are still due).
Basically, it’s very hard to keep the business alive long enough for “insurance” to have an effect.
Doesn’t matter even if it does (and many policies do). This is the same argument as “you can deduct it from your taxes.”
Yes, I might get money back at some future date. But i have to suffer the consequences and losses NOW. There will be a delay before the payout. You can be sure the insurance company will pay as little as possible. And until then, you can’t make any income (but the outstanding invoices for the stolen stuff are still due).
Basically, it’s very hard to keep the business alive long enough for “insurance” to have an effect.