Running a portfolio of investment properties comes with risk, not the least of which include catastrophic events and denied or underpaid insurance claims. Unfortunately, commercial property owners are facing natural disasters and extreme weather with increasing frequency.

In 2024 alone, there were 27 confirmed U.S. billion-dollar weather and climate disaster events, following a record 28 events in 2023. Add to that the fact that about 25% of businesses fail to reopen after a disaster strikes, according to the Federal Emergency Management Agency (FEMA).

With the rate of catastrophic weather events on the rise, it has become all the more important for property owners to have a plan in place to deal with damage events that threaten their return on investment. Business interruption coverage, a key inclusion in your commercial insurance policy or business insurance policy, will help compensate you for the financial impact of the damage on your business—not just the cost to complete physical repairs.

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Business interruption coverage can help you recoup lost income due to property damage.

Getting back to “business as usual” is easier said than done, especially if damage has forced you to cease operations and you’ve lost income because of it. Luckily, most bundled business insurance packages and commercial property insurance policies provide business interruption coverage to help you recover what you would have made during normal business operations, say, through rent from tenants or customer sales.

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Be sure to keep track of all out-of-pocket expenses and lost income resulting from your commercial property damage. Public Adjusters can help you quantify the financial impact of business interruptions due to damage, including lost revenue and additional expenses incurred.

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The last thing you want is for a catastrophic event to disrupt your income stream for an extended period of time. Guidance from a Public Adjuster can help you receive a faster settlement from your insurance carrier and allow you to repair your damaged property sooner, curtailing the negative impact to your bottom line.

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Regular property inspections across your portfolio are a must.

The best way to safeguard your asset from catastrophic damage is to have a trusted insurance expert inspect your property on a regular basis. Regular property inspections across your portfolio help maintain accurate documentation regarding the state of your property before and after catastrophic weather events—ensuring that, if you do need to file a property damage insurance claim, your overall settlement accurately reflects the cost of repairs.

But your insurance carrier will only send out an adjuster after you file a claim. So who can you call to proactively check for damage?

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Establish a relationship with a Public Adjuster to protect your portfolio.

This is where Public Adjusters come in. Public Adjusters are licensed insurance experts who work on behalf of property owners during the property damage claim process. They’re qualified to inspect your property, analyze your insurance policy language, and even negotiate with your insurance carrier on your behalf to ensure you receive a fair settlement under your policy.

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Tiger Adjusters recommends quarterly property inspections to document the condition of your properties, regardless of whether you believe you have sustained damage from a weather event. This makes it harder for your insurer to deny coverage by attributing it “wear and tear” because you can prove the property’s condition before the damage.

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When it comes to property damage, time is of the essence. It is important to have a trained expert inspect your properties as soon as possible after a severe weather event or catastrophic fire or plumbing incident.

Tiger Adjusters will perform a complementary inspection to document all signs of damage before recommending any necessary mitigation steps to ensure that your claim coverage is not threatened. Then we will handle the claim paperwork and negotiations process for you, enabling you to focus on getting back to business.

As an additional proactive precaution, Tiger Adjusters utilizes proprietary software to cross-analyze severe weather data—including hail and high winds—with our clients’ portfolio properties to notify property owners in real-time when a severe weather event likely impacted one of their properties.

Ultimately, you can save yourseft and your property manager a headache down the road by having a Public Adjuster you trust on stand-by.

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Have Tiger Adjusters on speed dial.

Hiring a licensed Public Adjuster to handle your property damage claim is one of the most effective ways of speeding up the claims process while ensuring that your settlement accurately compensates you for your property’s damage. Give Tiger Adjusters a call to ensure your property portfolio is protected.