In the aftermath of suffering damage from a natural or human-caused disaster, it’s critical for commercial property owners and business owners to get the help they need from their insurance providers in order to repair and reopen. Insurance companies, however, sometimes try to devalue or deny the full compensation to which policyholders are entitled.
The Mobile, Alabama, insurance claims attorneys at Long & Long represent policyholders in pursuit of the full coverage they need to restore their businesses. Our lawyers have successfully helped policyholders from Alabama and throughout the Gulf Coast resolve more than 3,500 claims; please call us at (251) 432-2277 to learn how we can help you.
Commercial Property Insurance Claims
Like most insurance contracts, commercial property insurance policies are written in a manner that can make it difficult for policyholders to understand exactly what is covered. Insurance providers also understand that in the wake of a disaster, you’re anxious to get your property repaired and business back up and running. Don’t agree to a fast settlement offer without first consulting a knowledgeable lawyer.
Our attorneys have an extensive record of success in helping commercial property owners receive fair compensation for their damages. We understand the complex language of insurance policies, and we work hard to ensure your best interests are protected. Our law firm has the resources to conduct a detailed assessment of your damage and work with the independent adjusters, contractors and other professionals necessary to support your claim.
Business Interruption Insurance Claims
Business interruption insurance — also known as business income insurance — is intended to help business owners recover lost revenue and other operating expenses in the event that they have to temporarily close due to a disaster, such as a fire.
Business income insurance may be added to business owners’ property insurance policies, but it is neither included in every business property insurance plan nor is it available as an individual policy. For many businesses, the income that would have been earned had disaster not occurred is greater than the amount of the physical property damage; regaining this lost income can be critical to supporting yourself, paying operational expenses and maintaining your business as repairs are made.
Business interruption claims are especially complicated, and income losses are based primarily on previous revenue and historical fixed costs, such as rent, electricity and other operating expenditures. Our insurance claims lawyers can help you understand the extent of your coverage and assemble a comprehensive claim for a fair settlement on your behalf.
If your business or commercial property suffered damage due to a natural or man-made disaster, please contact Long & Long online or call (251) 432-2277 for your free consultation. Our policyholder attorneys welcome clients from the greater Mobile area, across Alabama and throughout the Gulf Coast.