What To Do After You Suffer a Loss
 If your business property has suffered damage from a hurricane, flood, fire, or other catastrophe, you may be entitled to extra remuneration from your insurance company. After a loss you may be faced with extra expenses incurred while trying to keep your business afloat. You may need to move your business to a temporary location. You may need to buy new supplies or restock a warehouse. There are numerous ways in which a catastrophic loss can create havoc with your business. But your insurance company may balk when faced with Florida business interruption claims. That's where we come in.
The Wells Law Group can help in cases of delayed payment, denied claims, devalued claims, improperly adjusted claims, and cases where the insurer denies coverage. Following a commercial property loss, there can be a great deal of confusion about the degree of coverage included. Usually there are three types of business interruption insurance:
- "Business Interruption Insurance" - compensates the insured for income lost during the time it takes to repair the property.
- "Extended Business Interruption Insurance" - this insurance provides limited coverage for lost income during the time after the property is repaired but before the business is financially back on its feet.
- "Contingent Business Interruption Insurance" - this specialized insurance provides coverage for loss of income resulting from physical damage to the property of providers or suppliers and/or consumers or its products or services.
In addition, an insured may have a right to coverage for Extra expenses under the policy. An Extra Expense claim compensates an insured business for those extra expenses incurred as a result of the insured attempting to minimize the financial damages and the suspension of its business and to continue its operations. These can include excess costs an insured would not normally face in its day to day operations but must expend after a loss to avoid or limit the time of suspension of business at the insured premises, such as operations at a temporary location, and may include those costs necessary to restock the business, to continue its operations and avoid a loss of market share or clientele
As you can see, it's not just a matter of filing a claim – you need to file the RIGHT claim, and the attorneys at the Wells Law Group can help you do just that. Contact us today for a free case review. We cover most of Florida including Saint Petersburg and Saint Petersburg Beach in Pinellas County, Gainesville in Alachua County, Jacksonville, Jacksonville Beach and Mayport in Duval County, Saint Augustine in Saint Johns County, Palm Coast in Flagler County and all of Florida. See Service Areas for complete coverage.
Wells Law Group Frequently Asked Questions
 For more Frequently Asked Questions about insurance business interruption disputes visit our main Wells Law Group website.
Other Wells Law Group Websites
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