Almost a year after Superstorm Sandy demolished the area, six blocks in Seaside Park and Seaside Heights, New Jersey, were once again devastated. This time a fire swept through the neighborhoods, aided by strong winds.
According to the Insurance Journal, the boardwalk was just recently rebuilt after Sandy ravaged the area in October 2012. In that tragedy, dozens of businesses were forced to rebuild even though many area insurance policies did not cover any damage related to flooding.
Now, an estimated 30 businesses along the boardwalk have been reduced to ashes. The tragedy occurred despite the best efforts of local firefighters, who drew water from the bay in an attempt to stop the blaze. The good news is that most businesses will receive insurance claim money quickly because their policies clearly cover the peril of fire. Business interruption coverage, which most businesses in the area hold, will also help companies rebuild and reopen in the coming months after this second disaster.
Business law experts recommended that affected business immediately begin to assess the damage and collect paperwork that proves how much inventory and property was lost in the fire. The sooner the evidence is collected, the sooner they may be able to file fire insurance claims. An expert also guessed that the fire was a multi-million-dollar insurance event.
Four hundred firefighters from Ocean County—an “all call”—reported to the scene of the fire on Thursday afternoon, September 12.
Does your commercial business need assistance with a structural fire claim? Contact the Voss Law Firm today for help from experienced business insurance claim attorneys: 888-614-7730.