Business Interruption Insurance Claim Attorney
Our Mobile, AL law firm can demand the financial compensation you deserve
Business interruption insurance claims can be very complicated legal cases. If you need to file such a claim, you might encounter many legal obstacles which prevent you from receiving the financial compensation you need and deserve. That’s why it’s critical that you talk to an attorney who thoroughly understands these claims and the laws that govern them.
Our business interruption claim lawyers at Dean Waite & Associates, LLC can help you every step of the way. Based in Mobile and serving clients statewide, our law firm can review the details of your case with you and explain all the options available to your business. We can then work with you to demand the compensation your business rightfully deserves.
What are common business interruption claims?
Many businesses have business interruption insurance. These insurance policies are for situations in which a business must close for an extended period. The purpose of these policies is to compensate businesses for loss of income during the time period they are not open. Common reasons for filing business interruption claims include:
- Natural disasters
- Government-mandated closures (including closure of non-essential businesses during the Coronavirus pandemic)
Your business interruption insurance claim should allow you to pay all your regular expenses, including rent, utilities, payroll taxes and other important bills. That’s why it’s critical that you talk to our law firm as soon as possible to learn more about your legal rights as an Alabama business owner.
How are business interruption claims calculated?
Most insurance companies calculate business interruption claims by adding together the following three items:
- Net income
- Continuing expenses
- Additional extra expenses
By adding these three figures together, your insurance company can then determine the value of your business interruption loss. If you believe your business interruption loss is greater than the amount estimated by your insurance company – or if your claim has been denied – talk to us. We can help.
What makes business interruption claims so complicated?
There are many reasons why so many business interruption insurance claims are complicated. Some of the reasons why include:
- There is a discrepancy between the amount the insurance company has offered and the amount you believe your claim is truly worth.
- The insurance company wrongfully denies your business interruption claim.
- The insurance company delays processing your claim.
The stakes are often very high when it comes to business interruption claims. If you don’t get the money you deserve in a timely manner, the fate of your business could be in jeopardy. You have rights, and our experienced business interruption insurance claim attorneys can fight for them.
Get the help you need with your business interruption claim. Contact us today.
Don’t wait to take legal action, especially if your claim involves the Coronavirus (COVID-19) pandemic. The United States Congress is reportedly creating a fund designed to provide financial compensation specifically for business interruption claims.
Make sure you receive the compensation your business deserves. Contact our law firm and schedule your free case evaluation. The sooner you talk to a business interruption claim attorney at our law firm, the sooner we can fight for your legal rights.