Getting Added Coverage For Business Interruptions

After a storm or other natural disaster, business may not be able to continue on a commercial property for weeks or even months, causing a business owner to lose out on valuable revenue in the process. Most business owners in Texas get insurance to cover damage to their property, but what about the added expense of business interruptions? How is lost revenue factored into an insurance policy?

Commercial interruption coverage, also referred to as business interruption coverage or business income coverage, is designed to reimburse business owners for lost revenues due to suspension of business because of damage caused by natural disasters, and can be purchased in coordination with extra expense coverage.

Fighting Bad Faith Insurance In Texas

There are three requirements that need to be met before commercial interruption coverage is triggered:

  • A covered peril must do direct physical damage to the covered property.
  • The physical damage must directly cause business interruption.
  • Lost revenue only occurs during the period of restoration.

Insurance companies and the courts are known to strictly interpret the language of an insurance policy, meaning even if you have coverage, your policy may not trigger depending on the interpretation of the language.

At The Law Office of Jessica Taylor, PLLC, I, attorney Jessica Taylor, make sure business owners throughout the San Antonio area know the ins and outs of their insurance policy. I help clients understand the language used in their policy to determine what coverage they have and when the policy will trigger after storm damage, water damage, fire damage or other property damage.

If you have a valid claim, I will negotiate with the insurance company on your behalf, making sure you get the full extent of your policy. If an insurer acts in bad faith, you can be sure I will take matters to court and aggressively advocate for you.

Did your insurance agent fail to sell you the right coverage? You may have a claim for insurance agent negligence. I have experience handling these cases too.

Recover All Business Losses With Help From An Experienced Lawyer

If minimizing profit losses after a natural disaster is important to you, contact my law firm, The Law Office of Jessica Taylor, PLLC, in San Antonio. I have nearly 20 years of experience handling trial work associated with insurance claims. I know the insurance industry and how it works. Let me put my knowledge and experience to work for you.

To schedule a free initial consultation, contact me online or call 210-265-6759.