A business fire is one of the most devastating things you can suffer. It can destroy your business property, assets, equipment, and even cause serious injuries. The future success of your business depends on your choices now, your insurance coverage, and having the right legal team in your corner.
Saxton Law Firm can help you with insurance issues and lawsuits following a fire. We know how to protect your business and your peace of mind. Our business litigation attorneys help businesses throughout the Kansas City area.
Common Causes of a Business Fire
Business fire frequently occur due to:
- Defective equipment or tools
- Employee negligence
- Smoking by customers or employees
- Electrical hazards
- Combustible dust or flammable materials
- Clutter and littered workplaces
These causes and many more could be why your business suffered a fire. Whatever the reason, there are steps you can take to protect your business.
What To Do After a Business Fire
If you had a fire in your small business, you may be wondering: What do I do next? Here are a few tips that can help protect your business and your livelihood:
- Prevent Further Damage – Take steps to prevent further damage in your building when it is safe to do so. Remove equipment that is salvageable, tarp holes in the roof or walls, and limit access to the property to protect people from harm.
- Follow Recommendations of First Responders – First responders and firefighters are the experts and you should follow their advice. Never put yourself or others in a dangerous situation, and prioritize people over property.
- Notify Your Business Insurance Company – Notify your business insurance company as quickly as possible after the fire. Most policies require that you do so within a “reasonable time” after the accident, but the sooner the better. Fill out a notice claim form and provide a copy of the fire report if you have one.
- Keep Detailed Records – Maintain any records that pertain to the fire. This includes reports to law enforcement, the fire department, and other first responders. You should also take pictures of the damage and take notes about what happened. Stay organized to help your company get back on its feet quickly and appropriately.
- Speak With Your Business Attorney – Your small business attorney can help you in several ways after a fire. They can help you file your claim, ensure your insurance company complies with its coverage policies, and defend any fire-related injury claims against your company. They can also provide advice on how to effectively reopen and get back to work.
Business Interruption Insurance After a Fire
Business interruption insurance should help you maintain operations after a fire. This coverage helps you mitigate damages from lost work time and the lost income you would normally receive if not for the fire. It may also help to:
- Set up a temporary location while your property is repaired
- Cover your income or employee income while the business is closed
- Pay for lost profits during business closure
- Pay for expenses from working at a temporary location or moving equipment
- Cover other reasonable expenses related to the fire
Your business litigation attorney can help you utilize your business interruption insurance and hold the insurance company to its promises. Some companies may attempt to deny your claim, but we are here to help.
A business fire is one of the most challenging disasters you can face. You do not have to face these problems alone. Discuss your situation with the Missouri business litigation attorneys to get the help you deserve. Contact Saxton Law Firm for a FREE case review!