Business interruption insurance is coverage designed to help companies when a disaster strikes. It’s defined as a form of insurance that covers lost income when your business temporarily closes due to a fire, natural disaster, or other covered incident. Covered disasters also typically include theft, fire, wind, falling objects or lightning.
Be sure to read your business insurance policy documents so you know which perils your insurer helps cover.
Business interruption insurance covers:
- Lost income
- Operating expenses
- Sudden relocation
- Payroll
- Taxes
- Loan payments
Insurance Companies Acting in Bad Faith
Having the coverage doesn’t mean an insurance company will act in good faith and honor the policy and pay a claim. Many will wait for legal action to respond to a filed claim.
Winston Law Expertise
The Winston Law legal team is experienced at ensuring businesses receive the compensation they deserve. Our attorneys understand the industry and the process. We will reviewing policies, determining the value of your case, filing claims and negotiate on your behalf. Contact us at info@winstonlaw.com or call 954-475-9666 or 800-475-4206.
