Safeguard Your Business Today Against Potential Disasters Tomorrow. You’ve put your blood, your sweat and your tears into your business. It’s your project baby. You’re proud of it. It provides for you and the employees who work tirelessly for you to keep the doors open.
But what happens if there’s a structural fire in the building? Or a tornado rips through your town? Or your building floods? Or the roof caves in during a hurricane? What happens to your business if you can no longer operate for a certain period of time? What happens to your employees?
Planning for the Unexpected
Planning for the future can be downright overwhelming, and even more so when you’re planning about disaster striking. But if you haven’t sat down and come up with a contingency plan yet, you’re playing a dangerous game of roulette with the future of your business.
If the thought of your business being so exposed has left you feeling a little queasy, the good news is that planning for these types of less than ideal circumstances isn’t near as monumental of a task as you think… if you have Loss of Business Income Insurance. Also known as Business Interruption Insurance, this type of insurance policy covers the loss of income your business would experience should disaster strike.
Loss of Business Income
Businesses can lose income from weather damage, vandalism, structural faults with the building or simply because the municipality digs up the road right in front of the office building/store/service station. Whatever the cause, if a business doesn’t have sufficient reserves to see it through, is not insured or does not press its claim against the insurance company hard enough, the end result is typically that the business closes and employees are thrown out of work. Public Adjusters play a major role in making sure that doesn’t happen to business owners who had the foresight to insure themselves against such eventualities.
Usually, the fact that there has been a loss of income is not in question – what causes disputes between the insurer and the insured is:
The extent of the loss
How long it goes on for
And this is exactly why you need a Florida Public Adjuster. A Public Adjustor will fight in your corner and insist that the insurer cover the whole of your losses, and then make sure that coverage goes on until your business has fully recovered.
Here’s a scenario for you. You’re a retail storeowner and the commercial real estate company that owns your building decides to pave the parking lot. This results in a substantial loss to your business. The insurance company may very well be tempted to say, “You suffered a loss while the landlord was resurfacing the parking lot. When that work ended, so did your loss.” In situations like this, you need someone on your side who is well versed in portraying that your loss didn’t end at that point at all, since it took several weeks for customers to realize that they could park outside your building and until that happened, you weren’t running at full capacity.
This is just one example. There are hundreds – if not thousands – of other scenarios when having Florida Public Adjusters on your side will prove to be a great help if something happens to your business and you’re forced to file a claim. Just remember that the BEST time to call us is as soon as you know there’s trouble. Call (786) 537–7753 at the same time as you call the insurance company - and let’s work through all of this together.