Commercial Claims Or Business Interruption Claims
Business interruption (business income) insurance can be critical not only to a company’s recovery, but to its very survival. The aim of business income insurance is to provide a business, whose operations have been interrupted by a covered cause of loss, with amounts equivalent to what the firm would have earned if the loss had not taken place.
When working through a business interruption claim, the policyholder and the insurer need to reach an agreement on a number of variables. Central to the claim is the period of interruption and for how long the insurer will pay on a business interruption claim. Clearly, the time required will vary not only by the amount of damage suffered but also by the nature of your company’s operations.
The manner in which the business interruption claim is handled will have a profound impact on your company’s ability to recover from a loss. Because aspects of business income claims can be very subjective, it is important for you to fully understand what your business is entitled to under the terms of your insurance policy.
Having a professional on your side can help to alleviate the burden of dealing with your business interruption claim. Our team of Public Adjusters, forensic accountants, and certified public accountants have years of experience in successfully negotiating business interruption insurance claims and loss mitigation. Our experts will help you achieve financial recovery and help to get you back in business quickly. Call us at (954) 914-5454.
