File a claim if your business can’t operate due to Hurricane Milton

File a claim if your business can’t operate due to Hurricane Milton. It’s still too early to assess the damage caused by Hurricane Milton in Florida. What we do know is that 3.4 million customers lost power, including thousands of businesses.
Many of these businesses were fortunate enough to avoid physical damage, but they are still unable to operate—whether due to a lack of electricity, inaccessible locations, or restricted access to their facilities by authorities.
If your business wasn’t physically damaged but is unable to operate due to the storm, it’s crucial to consider the potential benefits of business interruption insurance. This could be a significant lifeline for your business during these challenging times, empowering you with the knowledge of how to protect your business.
This type of insurance helps small businesses safeguard against income loss caused by the forced interruption of operations due to a covered event under the policy. Business interruption insurance is often included in a Business Owner’s Policy (BOP) for insured companies.
It covers rent, employee wages, taxes, and loan payments while your business remains closed.
Additionally, this insurance will protect you if an interruption in your supply chain causes a disruption. For example, if your suppliers are forced to cease operations due to a covered event, your business may also be covered.
To file a claim, the affected business owner must provide documentation reflecting the company’s financial state, including records of income and expenses, sales to customers, and other necessary documents to calculate the compensation.
If you need commercial insurance to protect your business properly, Univista Insurance is here to help. You can rest assured that we will provide expert guidance and support, giving you the reassurance you need during these difficult times. File a claim if your business can’t operate due to Hurricane Milton.

Call us today for a full rating! 305-728-2088. You can also quote for free here.