Business interruption insurance is designed to cover the financial loss that results from a shutdown in operations after a disaster. It involves determining the amount of lost earnings after damage renders your business temporarily closed. Because there are so many components that need to be considered to attach a value to the loss, filing and adjusting a claim can be difficult. That’s why it’s important to work with an experienced claims adjuster when attempting to recover an appropriate amount for your loss.
At Apex Public Adjusters, we have over 35 years of experience working with businesses and individuals throughout Southern California. We understand the urgency you’re feeling after a natural or man-made disaster and will work quickly to help you recoup the appropriate amount from your insurance company. When dealing with business interruption claims, our adjusters take a detail-oriented approach. We understand the complexity of the situation and ensure nothing is overlooked.
There’s a misconception that business interruption coverage will always pay for the full amount of loss after a disaster. Unfortunately, Business Interruption policies only pay for the loss incurred during the time it takes to substantially reopen the business. What about the possible loss of clientele after the business gets back on its feet? This is a primary reason why business interruption insurance is so complicated.
When attempting to determine the full extent of the loss after a disaster, it’s crucial to consider the amount of time your business is shut down. However, it’s also necessary to consider how the business would have functioned in the future if the damage hadn’t occurred. If you’re attempting to negotiate a claim with your insurer, you’ll need to establish how long the claim will pay out. Because these types of claims can be subjective, the situation may quickly become messy. Furthermore, your insurance company will likely be protecting their own interests. This is why you need a claims adjuster from Apex Public Adjusters in your corner.
We understand this is a stressful time. That’s why we make it a point to provide the highest level of customer service possible. Apex Public Adjusters provides a dedicated concierge service designed to keep you informed during the entire process. We’re here to answer any questions you may have and address any concerns regarding your claim. It’s our goal to get you the best settlement possible in order to mitigate the loss while your business is shut down. Our extensive experience means we’ve seen all manner of business interruption claims and can navigate you through the process.
If your property has sustained extensive damage, we can help with your business interruption claim. Contact Apex Public Adjusters at 818-935-5322 after disaster strikes. We help businesses and individuals in Southern California get back on their feet.