3 Ways To Lower Your Business Interruption Claim

3/20/2023 (Permalink)

Beauty Salon flooded in Osceola County, FL

Ways to Lower Your Business Interruption Claim

Flooding can cause your business in Osceola County, FL, to temporarily shut its doors while the process of restoration begins. Though it's often necessary for a business to temporarily shut down after a flood, the loss of business can take its toll. However, there are several ways you can lower your business interruption claim.

1. Stop the Flow of Water if Possible

When a natural disaster causes a flood, it's rarely possible to stop the flow of water. However, you can often stop water from continuing to enter your building if a flood is caused by a broken pipe or malfunctioning appliance. If a burst pipe or broken appliance is causing your building to flood, quickly shutting off the water in your building can be a useful way to stop the flow of the floodwater and can decrease the likelihood of major damage occurring.

2. Make a Claim in a Timely Manner

Making a large water damage claim soon after flooding affects your building is often helpful. Different insurance policies will provide varying coverage, and knowing what costs your policy will cover can help you to prepare for restoration. You can talk to someone at your insurance company if you have specific questions about your policy, but it's generally beneficial to make a claim as soon as possible so you can begin restoration and can start to mitigate the damage.

3. Begin Restoration Quickly

Starting restoration quickly is often wise after a disaster occurs. Waiting to begin the restoration process can cause additional damage, such as mold growth, to your building. To ensure your restoration is as effective and cost-efficient as possible, it can be helpful to employ emergency restoration services. By starting the restoration process as soon as possible, it is likely that you will be able to reopen your business sooner rather than later.

Having your business interrupted after flooding can be costly. However, reducing the cost of your business interruption claim often can allow you to begin restoration quickly and can make it easier to reopen your business in a timely manner.