Do you have Damage to your property?

In the event that a disaster should impact your business, it may result in your place of work becoming unusable. Losses can be from fire, smoke, water damage, the recent COVID-19 shutdowns, mechanical breakage of large machinery, hurricane, storm or wind damage, etc. Income will not be produced while fixed costs may continue to incur (e.g. rent, utilities, etc.)

During this period of business interruption, whatever income your business would have made cannot be used. Our forensic specialists analyze your historic financial records to determine this unusable income and work hard to speed up the process which gets you paid quickly.

Business interruption coverage also entails:

  • The cost and expense of the business incur during the period of time that the location is unusable. Again, our forensic specialists will analyze historical financial records to determine these fixed costs.
  • Expenses that incur while moving to a temporary location to resume business — this has to be proven, and the claimant will get compensation if covered under their policy.
  • “Extra expenses” that may incur from keeping the location opened for business. Insurers offer this form of coverage to reduce business interruption costs. E.g. If the rental of a piece of equipment was necessary for the business to remain open, this extra expense is covered, as the insurer prefers to pay the extra expense of the rental as opposed to the cost of a shutdown.

Public Adjuster Business Services

  • Major Storm Damage to Business
  • Minor Storm Damage to Business
  • Business Damage Restoration
  • Damage to Business Roofing
  • Damage to Business Windows
  • Business Flood Damage Restoration

Review Your Policy Before Interruption

That is why it is so important to review your policy before a loss in order to know what you have signed up for. Unfortunately some commercial renters buy slip and fall policies which do not protect the interruption of business. Let us advise you to make sure you are able to get back to business as quickly as possible.