Business Interruption

Lost income claims

Hartford bumped our cafe's business interruption claim from $87k to $164k after a grease fire shutdown - what actually moved the number

tldr on what happened, then what we did. we run a 38 seat breakfast and lunch cafe outside Asheville. back in early february our hood vent caught a buildup grease fire during the saturday breakfast...

Posted by stressedClaimant789•2d ago

4 comments

Cincinnati Insurance denied $340k in business interruption losses for my dental practice claiming the 6 month closure after a structural fire was 'partial not total' because we kept billing existing patients for telehealth. Won full BI recovery in 11 weeks by getting the period of restoration extended and forcing them to apply the actual loss sustained methodology correctly. The four documents that mattered

Sharing this because business interruption (BI) claims are massively undervalued by carriers and the gap between the initial offer and the actual loss sustained is usually 60 to 80 percent....

Posted by hopefulResident980•2w ago

6 comments

Business interruption claim for our restaurant finally paid out at $214k after 9 months of fighting Travelers. The fight was 100% about how 'period of restoration' was defined

Sharing this because business interruption claims are some of the most contested in the industry and the resources online are mostly written by carriers for carriers. We are a 38 seat farm to table...

Posted by hopefulPolicyholder962•0mo ago

6 comments