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A well-run business would have insurance not just for the equipment but also what is know as business interruption to cover what they now claim was a major source of their problems.
Randy S. — Have to wonder if the company’s insurance agent failed to properly assess the risk of business interruption coverage, or the company ignored a recommendation from the agent due to cost. Either way, it would have to be considered malpractice to not provide for BI coverage in an environment which requires specialized equipment or significant space to produce its product. In addition, a backup plan for continuing production should have been in place to ensure they could continue to deliver some product to clients. Even the most loyal client will not wait six months for a company to return to operating capacity.
Their drinks just not being very good played a major part I’m sure.
Read your BI policy carefully. The fine print excludes many issues.