Business Interruption Claims related to Oil Spill

USA Today recently profiled a business owner in Louisiana whose hotel has fallen significantly short of profits it has earned in the past due to the BP oil spill. What's more, the owner has found that the business interruption insurance he has been paying for in order to avoid such economic hardship doesn't cover environmental disasters. As a result, he is left at the mercy of BP and his insurance company for whatever amounts they feel are acceptable to offer. While BP has claimed it will step up to cover losses, insurance companies that claim to be still reeling from hurricanes in the past five years in the Gulf will likely do what they can to avoid payment.

Business interruption claims, just like any other claim against an insurance company, can be a complicated process that involves a lot of stonewalling by your policy provider. Everyone in the Gulf Coast, and beyond, has heard the variety of stories relating to denied claims and financial hardship due to companies trying to set a bottom line and avoid payments. Sadly only through legal representation are many of those affected by covered damages able to get results.

Claims made for business interruption are no different. Given that it may be complicated to prove how your company has been affected, as well as demonstrate how the interruption is specifically covered under your policy, many business owners feel swamped by all of the paperwork. What's more, without solid connections to experts that specialize in these matters, business owners looking to make a business interruption claim may be figuratively run over by their insurance provider and not receive the compensation they deserve.

The Berniard Law Firm has extensive experience with insurance dispute claims and business interruption claims are no exception. By utilizing a variety of experts and financial documentation, as well as legal arguments tailored to demonstrate the economic losses caused by the lack of customers and business, our attorneys will work to make you whole once more. Should the matter result in litigation, our lawyers will continue to work with you to get you the judgment you deserve.

Call our offices today to discuss your business interruption claim that has emerged as a result of the BP oil spill in the Gulf. An attorney will happily talk with you about your legal rights and get you on the path to economic recovery.
-