Which expense is not covered by Extra Expense Insurance?

Extra Expense Insurance is designed to help businesses cover necessary costs incurred in the wake of a loss event, ensuring that they can continue operations or minimize business disruption. This type of insurance specifically targets costs that go beyond normal operating expenses that are necessary to avoid business interruption.

In this context, mortgage payments on the insured's building do not fall under the purview of Extra Expense Insurance. This type of coverage primarily addresses additional expenses that a policyholder must incur as a direct result of a covered loss, such as moving to temporary facilities, hiring additional staff, or paying for overtime. Since mortgage payments are a fixed cost related to ownership and do not change as a result of a loss, they are not considered an extra expense but rather a standard obligation of ownership.

The other listed costs all represent additional financial burdens that arise specifically due to the operational disruptions caused by an insurable event, fitting the intent and function of Extra Expense Insurance.