Operating a business can be a high-reward — and high-risk —
venture. When you decided to start your business, you likely went into
it with the knowledge that you would suffer from losses periodically.
Some of these losses can be expected. However, other losses may be completely
unanticipated and can take a significant toll on the financial wellbeing
of your business.
When these unexpected losses occur, business interruption insurance may
provide coverage. This type of insurance policy provides benefits to businesses
that have suffered financially, and helps them recover after a crisis.
Our business interruption insurance claim lawyers in Florida can review
your policy for free and help you recover the compensation you deserve
from your insurance company.
If you are interested in speaking with our legal team, complete our
contact form or call (786) 661-3111 to schedule a free consultation.
What is Business Interruption Insurance?
Business interruption insurance is a type of insurance coverage that is
available to businesses that have suffered from losses due to an unexpected
crisis. Although businesses may frequently lose income due to unanticipated
changes in demand and other factors, economic fluctuations are an expected
risk of running a business. Instead, business interruption insurance covers
events that are completely unpredictable and can be considered as a crisis.
What Does Business Interruption Insurance Cover?
Business interruption insurance policies are meant to cover the expenses
caused by unpredictable events in which a business owner suffers from
Your business interruption insurance policy may cover the expenses caused
by events such as:
- Natural disasters
- Property damaged by falling objects
Every policy is different. Often, business interruption insurance will
cover costs that are directly related to the unexpected crisis, such as
a loss of income or property damage. Additionally, your policy may cover
other expenses like the cost of moving from one property to another. Our
business interruption insurance claim attorneys in Florida can review
your policy for free and identify the type of coverage you are entitled to.
Business Interruption Insurance Claims and COVID-19
The COVID-19 pandemic has prompted the closure of “non-essential”
businesses across the country. As a result, many small businesses have
suffered from serious losses. Even some “essential” businesses,
such as restaurants, have been forced to close their doors as patronization
has significantly reduced.
Business interruption insurance may cover the losses your business has
suffered as a result of the COVID-19 pandemic and related closures. Although
most policies do not explicitly include pandemic-related coverage, it
is likely that this type of event could be covered by business interruption
How Our Legal Team Can Help You
Our legal team can help you recover compensation for the losses you have
suffered because of COVID-19 closures or another unanticipated crisis.
We will start your case with a free consultation during which we will
review the terms of your business interruption insurance policy and advise
you on what types of coverage may be available to you. When we handle
your case, we will take on the insurance company and fight for fair compensation.
We will consistently communicate with you and guide you through the process
of filing a claim.
Contact Us for a Free Policy Review and Consultation
You can get your business interruption insurance claim started today by
calling our firm for a free consultation. We are available to review your
policy, discuss the details of your case, and help you file a claim.
To schedule a free consultation with our business interruption insurance
claims lawyers in Florida,
send us a message or call (786) 661-3111.