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Measuring Business Interruption Losses in Appraisal
Business interruption coverage, when included in a commercial property policy, is generally intended to replace income a business would have earned had a covered loss not occurred, along with certain expenses incurred to keep operating during that time. Measuring that...Browse the full Resources Index
How Businesses Keep Interruption Claims on Track
Business interruption claims reward preparation and organization more than almost any other claim type, because the loss being measured is financial rather than physical. The businesses that move through these claims smoothly tend to share the same habits, and every...Browse the full Resources Index
Working with Accountants During a Business Interruption Appraisal
Because business interruption claims involve financial calculations and projections, accountants often play an important supporting role during the appraisal process for these types of losses. An accountant can help organize and present financial documentation,...Browse the full Resources Index
How Business Interruption Appraisals Differ from Property Appraisals
While business interruption appraisals follow the same general appraisal process as property damage appraisals, the type of evidence and analysis involved can look quite different. Property appraisals generally focus on physical damage, repair costs, and...Browse the full Resources Index
