Industrial Claims

If a disaster has interrupted your business, analyzing the true cost of the damage is an essential part of the recovery process. Leaving this up to your insurance company may jeopardize your chances of fully recovering. For industrial businesses, finding a public adjuster becomes even more important.

We understand the claims process inside and out. We also understand that each claim is unique. It is our job to assess the damage and present it to the insurance company, so you can get back to business as quickly as possible.

The burden of proving damages falls on you – the business owner. While you may be tempted to file a claim on your own, lack of experience may prevent you from obtaining a fair settlement. Learning the claims process and filling out the necessary paperwork can also be time consuming. This is where we come in. Our knowledge and experience can help you prove your claim without causing a major disruption to your business operations. This allows you to focus on running your business and restoring your operations.

When it comes to industrial losses, sales value, production and the cost of doing business must all be considered. Other losses, such as machinery, fixtures, equipment and furniture must also be accurately calculated. The nature of industrial losses are unique simply because a business’ operations may come to a complete halt as a result of the losses. Stock and machinery damages can cripple an industrial operation. Obtaining an appropriate analysis of the damage is crucial to the business’ recovery potential.

Other factors that need to be considered with a business interruption claim are:

• Cost evaluation of inventory. This should include references to the current and past pricing of labor, material and overhead.
• Hypothetical ongoing cost of doing business.
• Forecast of production and the sales value of that production.

Industrial claims can be incredible complex and require expert knowledge and experience. We can help you assess the damage and walk you through the claims process.

Time is of the essence with an industrial loss. Not only does time affect the evaluation of the damages, but acting quickly can help mitigate losses to machinery or equipment that may be affected by smoke, acid or water damage.