A fire, hurricane or other type of disaster can cause an interruption in business operations which may result in a serious loss in income for the company. When an unexpected event causes physical damage to your business, you may be forced to shut down or relocate your company which can be financially devastating. Business interruption insurance is designed to protect your company from a loss in income due to an insurable event. For instance, if the building you operate in is damaged due to a fire, business interruption coverage may replace your lost revenues and cover extra expenses associated with temporarily relocating your business during repairs.
We have decades of experience helping corporate clients maximize their recoveries when business interruption losses occur. These cases can be complex, and we are recognized throughout the state of Florida and across the nation as a leader in handling sophisticated business interruption insurance matters.
The determination of a business interruption loss requires an extensive analysis of business and financial records, from tax returns to profit and loss statements to projected sales and income. Our attorneys have an advanced understanding of how insurance companies handle these complex claims and we work with closely with the financial professionals who evaluate and analyze business interruption losses. Our lawyers are prepared to effectively litigate these disputes to ensure that our clients receive maximum interruption coverage.
The insurance recovery team at Ver Ploeg & Lumpkin is familiar with the types of business interruption insurance coverage found in many commercial property policies. If you experienced losses associated with an interruption of your business operations, we will carefully review your coverage and work to secure a fair and full recovery for your losses. You can discuss your case with a skilled insurance coverage lawyer by calling our Miami or Orlando offices today at 305-577-3996.