Business interruption insurance, provides coverage to businesses that suffer loss of income and incur expenses due to temporary closure during repairs or restoration process following physical damage to your business (i.e flood, burglary, fire, hurricane, or vandalism).
If your business has suffered a loss due to physical damage you may be entitled to loss of business income. Dealing with business insurance adjusters can be a difficult task because many times adjusters attempt to quickly pay out the insured to avoid further payment under applicable coverage, estimate physical damage extremely low, estimate the repair and or replacement costs extremely low, and or request overly broad and or unreasonable evidence or documentation under business property and business income claim.
Before you provide any sensitive information to yours or third-party insurance company, it is recommend that you speak with a business insurance attorney in order to ensure you claim is processed properly, thoroughly, and effectively. Our business lawyers at KAASS Law will advise you on the business insurance claims process, help you determine the amount of business income lost, review your business insurance policy, along with your commercial lease agreement, if any.
While these are only a few things a business owner should consider, filing a business insurance claim can become confusing and convoluted. Our business insurance attorneys provide a free consultation and case review for your commercial insurance claim following a loss. Call (310) 943-1171 and speak with a Los Angeles business insurance attorney. We are available 24-hours a day.
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