Does A Business Interruption Claim Cover My BP Oil Spill Damages?

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If your Florida business has been negatively affected by the BP oil spill, then you may be able to recover for damages in a business interruption claim. A business interruption claim covers the loss of earnings that your business has suffered, for reasons such as: 

  • The interruption of utilities or services;
  • The inability of customers or vendors to reach you; and/or
  • Because a supplier or customer has suffered significant damages. 

A business interruption claim also covers losses suffered as a result of the restriction of access to your property or place of business. For instance, if the U.S. Coast Guard has shut down beaches because of the BP oil spill, and those beaches directly affect the revenue to your restaurant or hotel, then you may be eligible for compensation in a business interruption claim. 

BP has established a $20 billion insurance claims fund for victims of the oil spill. They plan to expedite payments, and compensate anyone who files a legitimate claim. To file a claim, you can get the professional help of a Florida BP oil spill lawyer. A lawyer can help you to properly submit your claim, and negotiate your compensation. 

If your business has suffered damages as a result of the BP oil spill, you may be eligible for compensation in a business interruption claim. To learn more about BP oil spill business interruption claims visit our article library.  

The BP oil spill attorneys at Falk & Falk Law Firm know how important it is to you and your business to get the settlement you need. Contact us today – 1-(305) 742-0878.