BUSINESS Insurance Claims

Keep Your Business Running Smoothly

In 2015, The Harford Financial Services Group, Inc. compiled and analyzed claims from over one million corporate property and liability policies over the past five years to establish which claims facing businesses were the most expensive and which ones were most common.

Among the property damage category, water and freezing damage accounted for 15% of business claims, with an average cost of $17,000 for each loss, and wind and hail damage also accounted for 15% of business claims, with the average cost for these losses being approximately $26,000. Fires, meanwhile comprised 10% of the total number of claims, proved to be costlier, with an average value of $35,000. If you are a business owner facing any kind of loss—water, fire, or storm damage—do not go through it alone.

If you have found yourself in this situation, let us work for you to maximize your claim and get your company back on its feet! Expert Public Adjuster’s FAPIA-certified adjusters can help you navigate the filing of your business claim through all the steps of:

A commercial claim is a loss sustained by a commercial building being used for commercial use. For example: