Industrial and manufacturing losses are complex, putting an entire company’s future at risk if not resolved quickly and effectively. Damage to equipment and important machinery due to a fire, flood or other natural disaster requires careful documentation when submitting your claim to an insurance company.
Commercial and industrial claims present several challenging issues ranging from coverage limits, potential coinsurance calculations, sub limits and extensions of coverages.
This is a lot to take in, we’ve broken up the info most important to you into bite sized pieces.
Who We Serve
- Real Estate Industry
- Manufacturing Industry
- Healthcare Industry
- Retail Store Owners
- Restaurants & Taverns
- Professional Service Organizations
- Private Clubs & Associations
- Religious Institutions
Types of Commercial Coverage
- Business Interruption
- Business Personal Property
- Boiler & Equipment Breakdown
- Cyber & Computer Fraud
- Employee Dishonesty
Extensions of Coverage
- Debris Removal
- Law & Ordinance
- Increased Cost of Construction
- Demolition of Undamaged Property
- Accounts Receivable
- Fine Arts / Valuable Papers / Personal Effects / Employee Property
Recommended Action After a Loss
- Contact your insurance broker
- Take reasonable steps to prevent further damage
- File Police report if theft occurs
- Assemble your team of experts
Important Claim Documents
- Letter of Representation
- Proof of Loss Form
- Reservation of Rights Letter
- Non Waiver Agreement
- Policy Release
- Subrogation Receipt
- Emergency Services Authorization
If your business is impacted by a covered loss, business interruption insurance is vital to the recovery of your operations and the long term viability of your business.
Cyber & Computer Fraud
Recognizing the risks of operating a business in todays technological age, cyber coverage is a necessity. Working with an expert knowledgeable in cyber and ransomware claims and the associated business interruption losses provides you with peace of mind that your claim is in the hands of a professional.
This allows you to focus your time operating your business while your claim is being prepared, reviewed by the insurance company, and brought to resolution.
Boiler, machinery and equipment breakdown
This coverage fills the gap for certain items that are excluded from the property insurance coverages and also covers certain machinery and equipment damages.
If your building suffers damage by fire or other cause of loss, a detailed repair estimate is needed to support the building claim.
Business personal property
Business personal property includes inventory, supplies, furniture, fixtures, and machinery and equipment.
We trust our employees with the day to day operations of our business. Sometimes they take advantage of that trust and abuse their position for personal gain.
Step by Step
The Claims Process
While every claim is different, our process remains consistent. We’ll help you navigate through the steps involved in your claim so there are no surprises and you can rest knowing we’re doing everything in our power to make you whole again.
Has your business suffered a loss? Let us help you recover the max amount on your claim.