What Counts as Business Interruption?
As a business owner, disasters such as the Bastrop wildfires can cause your company to suffer physical damage to your property and assets, which can in turn lead to financial damages. For some companies, insurance providers cover these losses because they are attributable to business interruption. Business interruption occurs when businesses suffer from damages in a way that slows or stops operations. However, some insurance companies may refuse to pay rightful business interruption claims.
If you or someone you know owns a business that was damaged or lost during the Bastrop wildfires, contact the experienced Bastrop fire insurance claim attorneys of Williams Kherkher today by calling 800-639-8460. Our compassionate lawyers are dedicated to helping business owners obtain the insurance benefits they need to help recover from business interruption caused by the Bastrop wildfires.
Damages that Can Cause Business Interruption
Businesses can play a key role in rebooting an area’s economy after a natural disaster, but sometimes insurance companies are hesitant to deliver the insurance benefits that business owners need to restart operations. Many businesses were negatively affected by the Bastrop wildfires in the form of:
- Structural damage
- Loss of income
- Loss of tourism
- Employee and resident evacuations
Most business owners who suffered due to the Bastrop wildfires experienced business interruption. Unfortunately, they are now contending with loss of income and inability to rebuild and recover from the wildfires because of denied insurance claims.
If you or someone you know owns a business that was affected by the Bastrop wildfires, contact the Bastrop fire insurance claim lawyers of Williams Kherkher today by calling 800-639-8460 to discuss your legal options.