A hurricane, fire, flood or other disaster often does more than destroy your business property, it may deprive you of your primary source of income. Even shutting your doors for a day would seem unfathomable under most circumstances and yet a single catastrophic event could keep your business out of operation for weeks or months. The loss of money could jeopardize the viability of your business. This is where interruption in business coverage is vital.
During the more than 25 years since Saavedra Goodwin was established, our team has witnessed numerous natural disasters that are the unfortunate norm in South Florida. We understand firsthand the challenges of rebuilding your business in the chaotic aftermath of a major storm. Our Fort Lauderdale property damage lawyers have helped dozens of businesses recover damages for physical destruction of their property and for the interruption in their business operations.
Business interruption insurance is typically offered as a package policy for businesses that purchase commercial property insurance. However, coverage for business interruption varies greatly from one policy to the next. You should understand what your policy actually covers and for how much.
For example, some policies require the policyholder to demonstrate physical property damage caused by a named peril. In this case, you might not be entitled to compensation for the temporary closure of your establishment after a hurricane that left your business property intact — a common occurrence in South Florida. Other policies cover lost income and expenses associated with any period of closure that is related to a named peril.
We know time is of the essence to get your business up and running as soon as possible. Our Fort Lauderdale property damage lawyers quickly obtain interim payments for you and immediately and efficiently pursue the maximum available commercial property damages and interruption in business coverage, such as:
Recover for the losses to your business income associated with a fire, storm, flood or other serious event. Call Saavedra Goodwin at 954.767.6333 or contact our firm onlineto schedule an appointment with our Fort Lauderdale property damage lawyers.