Business Interruption Claims
Let Us Help You Get Back on Your Feet
Are you facing a business interruption claim of your own? Let Prestige Claim Consultants take the stress off your plate and ensure that you get the settlement you deserve. Our team of certified public adjusters provide dedicated, personalized services to make sure that your claim is given the attention and respect it deserves.
With expertise in handling complex claims, Prestige Claim Consultants understands how important it is for businesses to have their claims settled quickly and efficiently. Whether it’s a natural disaster or an unexpected occurrence, our team will help represent you through negotiations with insurance companies to ensure all aspects of your claim are accounted for. As licensed, experienced professionals we are committed to finding solutions that work for all parties involved.
Don't Let a Disaster Ruin Your Business
What is a business interruption claim?
A business interruption claim is designed to help companies offset the financial losses associated with certain disruptions in operations. These claims can be triggered by:
- Fires
- Government-Mandated Shutdowns
- Natural Disasters
- Pandemics
- Severe Weather
- Terrorism
- Utility Outages
- And More!
Depending on the policy conditions and language, businesses may be compensated for lost revenue or profits resulting from these types of disruptions. It's important that organizations have an understanding of their coverage terms as ensuring they have the right policy in place is key to benefitting from this type of insurance protection.
What is the process for filing a business interruption claim?
Filing a business interruption claim with a public adjuster is an important step in protecting your financial interests following any incident which could disrupt business operations. The first thing to do when filing such a claim is to contact the public adjuster shortly after the incident and provide them with detailed documentation about the loss. They will then review the documentation, assess coverage eligibility, and develop an official estimate for the claim.
It is critical to be aware of applicable time limits that may apply in terms of when the initial claim must be made; these vary depending on location and insurer so it is wise to consult with an attorney or other professional with legal knowledge on relevant statutes of limitations. With their guidance, you should then be able to rely on the public adjuster’s expertise in submitting any necessary documents to ensure that no deadlines are missed.
What is business interruption insurance?
Business interruption insurance protects business owners from financial hardship when they are unable to operate due to a disaster such as a fire, act of God, or other unexpected event.
It helps provide coverage for lost income and expenses due to the interruption in orders or production. In addition, some policies may also include a certain amount of coverage for additional expenses that are necessary to ensure operations resume as soon as possible.
How can a Public Adjuster help with a claim?
Prestige Claim Consultants can help you maximize your business interruption claim to enable you to quickly recover from any interruption affecting your business. With the guidance from one of our industry expert public adjusters, you can accurately calculate losses resulting from a disaster and develop an effective strategy for transitioning forward. We'll coordinate your claim with the insurance company to ensure that all necessary documentation is provided and that payments are received promptly.
No upfront fees. We get paid if you get paid.
At Prestige Claim Consultants, we are driven by a commitment to integrity and honest service. Our public adjusters provide professional claims support with your interest in mind and our charge is contingent upon results. That means that there are no upfront fees or hidden costs - you only pay us for the service after it has been completed successfully and you've received the compensation you're entitled to!
Why work with Prestige Claim Consultants?
More Money in Your Pocket
Insurance companies have a team of adjusters who work on behalf of the company to minimize payouts, so it's only fair that you level the playing field by having your own advocate.
Expertise & Experience
We are experts in the insurance claims process, and know all the ins and outs of getting the most from your policy while negotiating on your behalf.
Save Time & Stress
Filing an insurance claim can be a time-consuming and stressful process, especially if you've never done it before. We can take care of all the paperwork and legwork for you, so you can focus on more important things.
Peace of Mind
Knowing that we're looking out for your best interests can be a huge load off your shoulders during what is already a difficult time.