Business Interruption Insurance Claims
Business interruption insurance is vital for any business. Insurance Claim Hero has a team of business interruption claim experts that can help save your business.
Business Interruption Insurance Claims
Insurance Claim Hero boasts a dedicated team of business interruption claim experts poised to safeguard your business from failure following any disaster. Our experts are adept at helping you recover lost revenue, maintain payroll, and chart a path towards recovery.
As one of the few public adjusting firms equipped to offer comprehensive business interruption claim support, Insurance Claim Hero stands ready to assist businesses of all sizes and industries. If your business has incurred any form of loss, don’t hesitate to reach out to Insurance Claim Hero immediately for expert guidance in filing a business interruption claim.
What Is Business Interruption Insurance?
Business interruption insurance — also called business income insurance — is a policy provision that covers lost revenue and ongoing expenses when a disaster forces your business to temporarily close or scale back operations. Unlike standard property insurance, which covers only physical damage, business interruption coverage is designed to restore your business financially to the position it would have been in if no loss occurred.
Examples of income and costs covered may include:
- Lost profits during closure
- Payroll for employees
- Rent or mortgage payments
- Utility and loan payments
Extra expenses to continue operations elsewhere
How Insurance Claim Hero Helps With Your Business Interruption Claim
At Insurance Claim Hero, we are experts in handling complex business interruption claims. Many carriers try to reduce payouts by disputing the amount of lost income, the length of downtime, or whether the loss was covered at all. We help you:
Thoroughly review your insurance policy
Document and calculate actual business income losses
Prepare detailed financial statements and supporting records
Negotiate aggressively with insurance carriers
Maximize your settlement to cover lost revenue and continuing expenses
We work directly with your accountant, attorney, and financial professionals to ensure every legitimate loss is captured and advocated for.
Common Causes of Business Interruption Claims
Business interruption coverage is typically triggered when a covered peril interrupts normal operations. Some common causes include:
- Property damage due to fire or wind/hail
- Storm and flood damage (where covered)
- Tornado or hurricane losses
- Water damage from burst pipes
- Other covered disasters that force closure or slowdowns
Note: Whether your business interruption loss is covered depends on the specific wording of your policy — and that’s why expert review matters.
Why You Need a Public Adjuster for Business Interruption Claims
Insurance companies have teams of adjusters whose job is to defend the carrier’s interests. Without representation, your business may receive a settlement that:
Underestimates lost income
Excludes legitimate operating expenses
Rejects claims for extended downtime
Leaves you financially exposed
A public adjuster works for you, not the insurance company. We document losses comprehensively, challenge unfair denials, and pursue the full benefits your policy provides.
Steps in the Business Interruption Claims Process
- Immediate Policy Review: We analyze your policy to determine coverage scope.
- Loss Documentation: Collect financial records, sales history, payroll, and taxes.
- Impact Calculation: Prepare accurate forecasts of lost profits and ongoing costs.
- Claim Submission: File a detailed claim package with supporting evidence.
- Carrier Negotiation: Engage directly with your carrier to secure a fair settlement.
Final Resolution: Ensure compensation reflects actual business impacts.