Seattle Business Interruption Attorney
Running a business can be incredibly difficult, and business owners and operators must always prepare for what many consider “worst-case scenarios.” The best way to prepare for most situations that could arise is by carrying insurance, particularly business interruption insurance. At Paulson Coletti Trial Attorneys PC, our Seattle business interruption attorneys want to discuss how this insurance works and what you can do if you are having trouble with your claim.
Why choose Paulson Coletti Trial Attorneys PC?
When you are trying to ensure your business can survive, turn to an attorney with trusted experience with these cases. Paulson Coletti Trial Attorneys PC is here to help.
- We are honest and transparent with every client, and we will always act in the best interest of your business.
- We are aggressive trial lawyers and experienced negotiators with a track record of success, both in and out of court.
- We take on a select number of cases to ensure that we can devote complete attention to every business interruption client we have.
How does Seattle business interruption insurance work?
Business interruption insurance is typically an “add-on” available for comprehensive business insurance policies. While other types of insurance for businesses are typically used for repairs and replacements in the aftermath of some kind of loss, business interruption insurance is meant to compensate business owners for lost revenue, fixed costs, temporary location costs, training costs, and more while their business is closed.
Some of the most common reasons that business interruption insurance is used include the following situations:
- Natural catastrophes such as fires, earthquakes, and floods
- Water damage
- Loss of running water
- Loss of electricity
- Supplier failure or supply chain disruption
- Cyber-attacks on business infrastructure
- Machinery breakdown
- Crime or vandalism
- Civil government closure orders (stay at home orders, curfews, etc.)
The purpose of business interruption insurance is to help ensure that the business ends up in the same financial situation it would have been in had any of those disruptions not occurred. This type of insurance typically begins at the time the disruption occurs and lasts until the time when the business has been made “whole” through repairs or restoration efforts.
Business interruption insurance and COVID-19
Washington state was one of the first places in the country to be placed under stay at home orders to prevent the spread of COVID-19. Governor Inslee’s executive orders closed all non-essential businesses and significantly altered the operation of businesses that were allowed to remain open.
At Paulson Coletti Trial Attorneys PC, we are here to help business owners examine their business interruption insurance policies and work to secure maximum compensation from insurance carriers. We will ensure that your rights are upheld and that your business has the help it needs to survive the coronavirus pandemic.
We will help you get through this
If you are a business owner or operator in Seattle and have questions about how your business interruption insurance works, contact the team at Paulson Coletti Trial Attorneys PC today. We also handle business interruption in Portland and throughout Oregon. We know that this insurance can provide invaluable resources that ensure business survival through difficult times. Our Seattle business interruption attorneys will investigate every aspect of your claim and thoroughly review your insurance policy to ensure you receive the compensation you are entitled to. Contact us by clicking here for a free consultation or calling (503) 226-6361.