Business interruption insurance protects a business owner against losses resulting from a temporary shutdown because of fire or other insured peril. Generally, business interruption insurance provides reimbursement for lost net profits and necessary continuing expenses. For example, if a fire on your business premises forces you to close your doors, business interruption insurance will cover your lost profits and/or earnings until you’re able to reopen your business.

When a devastating property loss from fire or other peril happens and interrupts your business, you may not understand the complicated requirements of the insurance policy. In addition, some business owners falsely believe that their insurance company will fairly help them determine the amount of their loss. The fact is that insurances companies are in the business of making a profit. As such, it is imperative that you have a competent and skilled advocate that can assist you with property damage assessment in order to accurately calculate the cost of damaged contents, the cost to repair or replace the damaged and destroyed buildings, as well as accurately determine your business interruption loss. The Law Offices of William T. Kennedy, P.C. will make sure that your insurance company pays you everything that you are legally entitled to receive under your policy.