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There are many things that can create insurance claims involving your business. Such things as natural disasters, auto accidents, embezzlements, thefts, eminent domain proceedings to name some. I can represent either the insurance company or the business owner, but not both at the same time. When an insurance company is involved, they will have an expert representing them. If the business owner wants to be successful, they should also have an expert on their side. Items that are not shown on the financial statements such as favorable leases, intangibles, location, goodwill are important and should be considered. Do not rely on the insurance companies to bring these items to your attention. With a professional business valuation report, you may be able to obtain a fair settlement without litigation. If litigation is required be prepared to have an valuation expert on your side.
© Copyright 2002 by Delbert W. Exeter. All rights
reserved.
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