San Diego Business Interruption Claim Attorney
Running a business is tough, especially if there is an interruption in the regular operation of the business that is out of control of the business owner or operator. Many businesses invest in insurance that helps cover them if they experience an interruption of business. Business interruption insurance is intended for multiple purposes, which we will explore here. However, if you are experiencing problems when filing a business interruption claim, you should contact a bad faith commercial insurance attorney today. At Dawson & Rosenthal, P.C., our San Diego business interruption claim attorneys are ready to get to work on your case immediately.
Why Choose Dawson & Rosenthal?
If the normal operation of your business has been interrupted, but your insurance carrier is delaying or has denied your claim, you need an attorney with vast experience handling these cases. Dawson & Rosenthal, P.C. is here to help.
- Our San Diego bad faith insurance attorneys approach every case by looking at them from the clients’ perspectives. We take the time to get to know each client and their goals.
- We have more than 70 years of combined legal experience and have gained a sophisticated understanding of the obstacles that business clients face with insurance situations.
- We only take a select number of cases so we can devote complete attention to each client. We are prepared to take any case to trial if necessary.
When Can I File a Business Interruption Claim?
There are various reasons that a business may need to file an interruption claim with their insurance provider. This type of protection is incredibly valuable when a business relies on its physical location to conduct operations. If a business suffers property loss or damage, it may be unable to operate while repairs or replacements are ongoing. This can lead to incredible financial loss for the business owners and their employees.
There are various reasons that businesses in and around the San Diego area may need to file a business interruption claim. This can include, but is not limited to, the following:
- Fire or explosion
- Natural catastrophe (earthquake, fire, flood)
- Water damage
- Supplier failure
- Cyber-attacks on the business
- Machinery breakdown
- Loss of electricity or running water
- Supply chain disruptions
- Crime or vandalism
Each of these events, and others, can significantly impact the daily operation of a business, including a complete business shutdown.
If you are unsure of whether or not it is appropriate for you to file a business interruption claim for your business, speak to a San Diego business interruption lawyer as soon as possible. You do not want to delay these claims. Every day that you delay a claim is another day that your business is losing coverage for lost revenue.
How Does COVID-19 Affect Business Interruption Claims?
As coronavirus has rampaged across the globe and the United States, businesses are coming to a standstill. Amid lockdowns and general fear of the pandemic, many businesses have been forced to close their doors.
Coronavirus will result in many businesses seeking to use their business interruption insurance. Though this insurance is not typically used to compensate business owners for a pandemic, Covid-19 certainly meets the typical elements required for a business interruption claim to be viable: that typical business operation is halted due to disaster-related closing of the business facility or due to rebuilding after a disaster.
COVID-19 is a disaster. While this may not be along the same lines of physical destruction seen in a fire, earthquake, or flood, it could be argued that this is more devastating. The uncertainty around Covid-19 may affect businesses for a much longer period of time than other types of natural disasters. For businesses that were forced to close due to government orders in order to contain coronavirus, business interruption claims may be made for a loss of revenue caused by civil authority ingress or egress. This could include claims made due to the total closure of the business due to government order as well as a loss of revenue due to curfews.
Damages for Business Interruption Claims
There are various types of damages that can be recovered under a business interruption insurance claim. This could include the following:
- Profits. This includes profits that would have been earned based on evidence from prior months’ financial statements.
- Fixed costs. This Includes the typical operating expenses of a business or other costs that are still incurred by the property even though the business has been interrupted.
- Temporary location. A policy may cover the expenses of moving to and operating from a temporary location.
- Commission and training costs. This insurance will usually cover cost providing training to employees of any machinery replaced by the insurer following a valid claim.
- Extra expenses. Business interruption insurance will usually provide reimbursement for reasonable expenses beyond the fixed costs that businesses had to incur to continue operation.
- Civil authority ingress / egress. There are times when businesses are forced to close due to government orders. This can include a full closure of the business that causes a loss of revenue or mandated curfews that cause a partial loss of revenue. Business interruption insurance could provide compensation for the lost revenue due to these government actions.
Contact a San Diego Business Interruption Lawyer
If you run into any issues as a policyholder with your business interruption insurance claim, you need to speak to a business interruption claims attorney today. At Dawson & Rosenthal, P.C., our knowledgeable and experienced team is ready to get to work investigating your case immediately. Our goal is to ensure that you receive the compensation you are entitled to under the terms of your policy.
Please understand that insurance companies are “for-profit” entities. They have one goal in mind – to pay as little as possible in any insurance settlements. This can lead to the insurance carrier delaying or denying legitimate claims of business interruption. Most businesses do not have the legal expertise to properly pursue a business interruption claim. When you need a San Diego business interruption claims attorney, you can contact us by clicking here or by calling (619) 354-1652.
I have worked with the attorneys at Dawson and Rosenthal on several cases. In my opinion, they are the best legal team in the country if you have a case involving bad faith insurance. The firm will only take a handful of cases and litigate them to their fullest extent ensuring maximum payout for their clients. I have specifically worked with Sander Dawson several times and he is not only a legal genius, but a beast in the courtroom. It is no surprise that they are pulling verdicts like 80 million. – Michael Hernandez