2020 presented multiple unprecedented challenges for all Americans. Hurricane Laura hit the residents of southwest Louisiana with fearsome strength, causing massive destruction. Thousands of businesses were destroyed and damaged by the severe winds and relentless flooding. If your business closed due to Hurricane Laura, contact the qualified attorneys at The MIC Firm to discuss your options and review your business interruption claims after a hurricane.
What Does a Business Interruption Policy Cover?
A business interruption policy provides financial assistance to businesses forced to close down due to an event covered by their policy, which impacted their business property. If your business suffers a loss covered by your business interruption policy you can file a claim for:
Determining what your business interruption insurance covers require a detailed review of your policy terms and conditions. The attorneys at The MIC Firm can review your business interruption claims after a storm to determine the details of your coverage.
How Do I File a Business Interruption Claim?
After a natural disaster such as a hurricane, contact your insurer immediately to advise them that your business property was damaged, causing your business to cease operations.
The way you present your business interruption claim after a hurricane is critical to receiving an appropriate response to your specific needs. Business interruption claims should include the following:
Insurance companies deal with thousands of claims. Therefore, it’s crucial to provide as much specific information about your business and the damage suffered as possible. Providing all the relevant information necessary allows the insurer to more quickly process your claim.
What Are Probably the Most Common Causes of Business Interruption?
Your business may suffer an event causing interruption to your business at any time.The most common causes of business interruption include the following:
Almost all businesses face some degree of risk with the above events. Determining the degree of risk to your company of suffering any of the above events can help you decide what type of business interruption coverage to purchase.
Talk to an Attorney About Your Business Interruption Claim
If your business closed after Hurricane Laura, contact The MIC Firm to review your business interruption claims after a storm. Our firm provides free information and resources so you can better understand the process of business interruption insurance. Our attorneys assist businesses in all stages of business interruption claims, from making the claim to litigating disputes with the insurer. If your business interruption claim has been delayed, denied, or underpaid, contact us today for a free claim review!