This can come as a result of many situations such as natural disasters, flood, fire, repairs being made to the building which houses the business, or any other situation in which a business is temporarily out of operation. Loss of business income insurance is essential in order to assure the policyholder that in such a case where their business is not operating normally, their loss of income is covered. Often, policyholders and insurance companies are in conflict over the length of time that the business interruption is covered for.
Most policies state that the business interruption period ends when the physical damage to the property is repaired and returned to normal operation as it was before the disaster. Realistically, it takes some time for a business to recuperate time lost and income that was not generated. For this reason, most policies include an “extended period of liability” so that the business owner has a longer period of time to return to normal working conditions. Though the length of time that these policies extend for can vary, the standard among policy issuers has become one year or less.
Business income loss is a serious issue that can happen when least expected. The public adjuster in this situation of damage, works directly with the business to research and understand the full extent of the income loss. This can be unique for the various businesses; however, there is a clear road map that is used to fully analyze the damage and to represent the business during their insurance claim for business income loss.
I have full confidence in the team at Stellar and do not recommend that anyone file an insurance claim without them.
The insurance company is not on your side and they are not a good neighbor.
Stellar is on your side and they are in the neighborhood. Call them immediately when damage happens.
David has done multiple claims for our real estate company, as well as for myself and friends. Always exceeds expectations. Highly reliable, and completely on top of his game. Highly recommended.
Glad I hired them. Stellar Public Adjusting assisted in my water damage claim in my condo from my neighbors pipe. They really know there stuff when it comes to claims. They obtained way more than my insurance company initially offered. A very professional company.
Worked with Stellar on a project involving a kitchen flood. They were always there to help & answer all the questions I had - and they reached a fair settlement with my insurance for me. I probably wouldn't have gotten half of what I did without them! I'd easily recommend them to anyone needing a Public Adjuster.
HIGHLY recommend Stellar Public Adjusting! Meticulously and professionally handled our claim, and stood by our side throughout the entire process! Thank you!
Friendly staff and work really hard to get what you deserve. I appreciate everything they did for me. Thank you again.