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Rental income coverage is just as important to the person who owns a two-family home as it is to a corporation who owns a hundred-unit complex. When a loss occurs, the first thought is to make sure everyone is safe and to get people back to their everyday lives. For the property owner everyday life includes paying a mortgage, taxes and all the other expenses that go along with owning and managing a property. However, with tenants displaced, leases cancelled and/or abated, the property owner must look to insurance to reimburse them for their lost rental income.

At GF Gallo, our years of working as New England adjusters, with various commercial property insurance policies helps us to understand your specific policy whether it’s a flood insurance policy or a fire policy. After reviewing rent rolls, tax returns, financial statements, lease agreements and various other documents, we put together a loss estimate that is representative of your lost rental income.

As every business owner knows, every business is different. GF Gallo’s insurance adjusters have worked on hundreds large and small rents loss claim and understand that each claim requires a high level of attention to the details. Not every property owner keeps rent rolls or other documentation that the insurance company regularly looks for. Our experience and accounting background allows us to work with you, the property owner, to document the loss in the most efficient way possible.

We will also work to prepare the repair estimate for the building. GF Gallo’s team of adjusters works together handling all aspects of your claim.

Once your claim is submitted, we work on your behalf to reach an equitable solution with the insurance company adjuster or the independent adjuster. Rents loss claims are confusing. Allow us to use our industry knowledge and experience to be your insurance consumer advocate and prepare and settle your rental income loss. Contact us today.

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