Expediting expense

{
  "id": "MLC-T-INS-001398",
  "term": "Expediting expense",
  "field": "Insurance and risk management",
  "definition": "Additional costs incurred by an insured to accelerate the repair or replacement of damaged property, or to resume business operations more quickly after a covered loss. These expenses might include overtime wages, express shipping, or temporary equipment rentals. Property insurance policies often include coverage for reasonable expediting expenses to mitigate further business interruption.",
  "url": "https://mlchart.com/terminology/insurance/expediting-expense/"
}