C. Lewis & Company

Extra Expenses

Our analysis and review of information of claimed extra expenses includes:

  • Verification of expenses that were actually incurred;
  • Verification of expenses which are extraordinary in nature, by analyzing expense history, budgets and forecasts;
  • Identification and measurement of non-continuing portion of expenses;
  • Segregation of expenses paid during the loss period, but incurred in other periods;
  • Identification of reasons expenses may have increased or changed for reasons unrelated to the covered loss event, such as normal price increases, monetary exchange rate fluctuations, and changing market conditions;
  • Performance of financial analyses to see if extra expenses incurred served to mitigate the potential loss.