Here at our coastal New Jersey independent insurance agency, we serve many of the local small business owners here in Belmar, and we know that Hurricane Sandy has taken a huge toll on them. Fortunately for those with good business insurance, the road will be a little easier.
The Street has some great tips for businesses on how to file Hurricane Sandy claims, so be sure to check it out. A couple of the most important things to know when filing a business insurance claim include:
Contact your insurance agent ASAP. Insurance claims can take months to settle, and with the high volume of claims due to Sandy, it's in your best interest to make your insurance claim a priority. The sooner you get it settled, the sooner you can get your business back up and running at full force. As independent insurance agents, Connelly-Campion-Wright can help you through the process.
Keep impeccable records of bills and expenses, and keep them separate! As you attempt to rebuild your business, you will probably incur plenty of out-of-the-ordinary costs. Aside from the cost of structural repairs, flood remediation, etc, you may also need to change the way you do business in order to stay open.
The Street gives this example: Hotels in Hurricane Katrina-effected areas couldn't open because they couldn't wash bed linens. The solution? Some hotels loaded their dirty linens onto trucks and transported them hundreds of miles to be cleaned. The insurance professional interviewed in the article explains, "That's a completely extraordinary expense that you would never do in normal course of business, but it's the type of thing that an extra expense pays you for." Depending on the type of business insurance policy you have, you may be eligible for similar reimbursements.
To learn more about the different types of business insurance policies for your New Jersey business, call Connelly-Campion-Wright Insurance at 732.280.2800, send us an email at firstname.lastname@example.org, or like us on Facebook!