If your business has recently lost income for one reason or another, such as if you had to shut down operations because of a natural disaster of some sort, then you could be hoping to file for loss of business income with your insurance company. As is the case with all sorts of different insurance claims, you will probably be required to work with an insurance claims adjuster as a part of the process. The following are a few helpful tips that will make it easier for you to effectively prove loss of business income.

Provide Documentation About How Long Your Business Was Closed 

First of all, you will need to provide documentation about the fact that your business was closed and that you were unable to bring in income. Provide the dates during which your business was not open. Also, consider providing proof of the reasons why your business was not open, such as photographs of any flooding or other property damage that might have prevented you from opening your doors to the public.

Show Proof of Your Usual Income

Once you have proven how long your business had to be closed, you will then need to try to prove approximately how much income was lost during this time period. You might have your own number in mind, and providing an estimate is always helpful. However, you will also probably need to submit some documentation to help back up your claims. For example, you may need to provide financial records for your business. Provide records for the same weeks or months from previous years, and show documentation about how much income your business was bringing in during the days and weeks before you had to shut your doors.

Provide Anything Else the Claims Adjuster Asks For

Although providing the things above should help you get your claim handled, you may still need to provide additional documentation or information. Your claims adjuster should let you know about anything else that is needed, so make sure that you stay in contact. If you are asked to submit additional documentation, make sure that you do so in a timely manner. This can help you ensure that your claim is approved without any delays.

Losing business income can be really tough. Luckily, though, this might be covered by your insurance company. Just follow the tips above to help ensure everything goes well when you are working with a loss of income claims adjuster.