Extra Expenses

• 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.