Business Interruption

Severe storms, natural disasters, fires, and even cyberattacks can all lead to your business being temporarily unable to continue operations for months, if not longer. Business interruption insurance helps business owners recover lost income in the aftermath of such events. If a business experiences a covered loss that makes it unable to continue operations, business interruption insurance will help cover ordinary business expenses, including payroll, rent or lease payments, and other operating expenses.

Obtaining the proper insurance coverage is key to dealing with any business interruption. In addition to obtaining property insurance to cover damages to office buildings, storage facilities, warehouses, equipment, inventory, and furniture, businesses should also carry business interruption insurance in the event that a covered loss makes them unable to continue normal business operations.

After experiencing a destructive event that causes a cessation of business operations, companies often find themselves scrambling to locate contractors, undertake repairs, repurchase damaged equipment, and replace inventory, all while doing their best to cover payroll and other expenses. However, simply having business interruption insurance is no guarantee that any or all damages sustained by an event will be covered. More problematic is that these obstacles are often compounded by the unscrupulous practices of insurance companies. Managing never-ending requests for proof and documentation from insurers who are more concerned with their bottom line than yours can be a full-time job in and of itself. Even small delays in receiving the insurance funds that you already paid for with your insurance premiums can cause devasting effects on employee retention and supply chains. At worst, these delays can even lead to permanent closure of the business.

The Hurricane Legal Group is here to help. We are a full-service law firm focused on helping companies recover from interruptions to their business operations. Our attorneys have over seventy years of combined experience handling insurance claims and routinely represent clients in state and federal courts at every level. Our attorneys employ their extensive knowledge, skill, and experience to assess, advance, and argue for the best interests of our clients, both individuals and business entities, in every respect. We have a winning track record resolving commercial insurance disputes on behalf of our clients through negotiation, mediation, trial, and appeal in state and federal courts. We represent clients throughout the Gulf Coast region and offer a free initial telephone consultation.