Business Interruption

An important part of a commercial property insurance policy, the business interruption clause protects your company when it must close or reduce operations because of a disaster. Insurance should cover the loss of revenue while the business undergoes repairs. How quickly your insurance company delivers compensation may determine whether or not your business can reopen in a timely fashion. Delays mean loss of business and potentially loss of customers to the competition.

When additional repairs are needed and the reopening date is pushed back, your insurance company might not cover additional lost revenue. SDV works with our clients to determine the often-ambiguous “period of restoration,” which sets a date for when the insurance company expects that your business could resume. We offer insurers evidence to support extending the date and continuing coverage until the business is completely ready to resume operations.