Hey, so things have finally come to a close with this situation and I wanted to give huge thank you's to Gilligan, Alex, Pierre, GSG, M&R, and everyone else that helped us out. It was a massive learning experience. Running a production shop with bands on tour for four weeks without power was a nightmare but we did it. I was in between Pensacola to the East of New Orleans to Lafayette to the West living and printing for a month. Plus sending jobs out all over the place. I really don't want to do it again but I did learn a lot. Plus we became friends with another shop here in New Orleans that we now have a mutual aid situation worked out so that is great. So thank all of you. Much appreciated.
But regarding insurance I learned "Business Interruption" really does not do anything. Thankfully I had a decent clause for "Utility Interruption" and that saved us and somehow triggered the Business Interruption. We were not flooded or have any damage except the loss of power for four weeks which caused our CTS to dry out. To be fair that was replaced asap by GSG and M&R and was 100% covered. Then once the Utility Interruption hit it's max which it did it triggered the Business Interruption. At a point about 2 months in I stopped phone conversations with the insurance company and only did email as I kept getting different explanations. To this day I still do not understand some of the answers given and I don't think they do as well. And after 5 months I think they were just annoyed with me so we settled for 89% of what I believe we should have received. I might have been able to get the rest but after 5 months I have way too much other stuff going on. Plus redoing our current policies and adding new ones.
I would like to stress to the shops on here I would look at your policies and definitely get Utility Interruption and set it high whatever your definition of that is. Then take a look at your current flood policy. If you don't have one or think you don't need one be careful. My brother lives in Longmont, CO very high elevation and a few years back half the town was submerged. And by the way flood policies across the country are changing dramatically and doubling in price as I know ours just did. If you don't have it I would highly suggest it before summer hits.
But anyway THANK YOU all for all the help and support and everyone that also just simply reached out. I and everyone here does appreciate it.
