THE INSIDE COVERAGE

Presented by XDREAM Insurance | Your Local Utah Insurance Partners

Don't Let Power Outages Darken Your Bottom Line

When the lights go out, business stops—but your payroll, rent, and overhead don't. Whether it’s a heavy Utah winter snowstorm, severe wind down the Wasatch Front, or an unexpected grid failure, commercial power outages cost local business owners thousands of dollars every hour in lost revenue and spoiled inventory.

Traditional business interruption policies often require long waiting periods, steep deductibles, and mountains of paperwork—assuming power outage coverage is included at all.

How Parametric Power Outage Insurance Works

Unlike traditional indemnity insurance that requires adjusters to verify every lost item, GridProtect uses parametric triggers. You select your coverage threshold (e.g., an outage lasting 12+ hours) and your desired payout amount.

Feature Traditional Business Interruption GridProtect Parametric Coverage
Claim Verification Manual inspection & adjuster audit Automated via real-time grid data
Payout Timeline Months of negotiations Deposited in just a few days
Policy Limits Complex calculations Pre-set limits up to $50,000 (higher available)
Insurance Record Impact Adds a claim to your loss history Does not go on your standard insurance record
Utah Availability Varies by carrier

Real-World Protection Across Utah Industries

  • Pet Kennels & Boarding (Salt Lake City): A day-long outage forced a local facility to reschedule over 40 appointments and refund client bookings. GridProtect cash flow covers operational losses instantly.

  • Day Spas & Salons (West Jordan / Salt Lake): A 10-hour outage meant sending staff home early and canceling half a day’s treatments. Parametric payouts offset lost appointment fees.

  • Dental & Medical Clinics (Provo / Austin): Storm-related grid failures lasting over 20 hours can derail medical schedules and halt operations for days. Pre-set coverage bridges the revenue gap immediately.