​Parents business burned down – what now? NY, USA

Hey there.

Last night my parents business burned down. We are told it was an electrical fire. They were leasing the building, and it was packed full of their product and equipment. We own/run a small spice company and do business through Amazon, Kroger, Walmart, and work with ups FedEx DHL as a drop off point with all of that label making equipment.

Parents are 65 and 70, They have personal money wrapped up in the business as loans and investments. 100% have fire insurance, but not sure what that covers – are talking to the insurance company later today.

Any advice, anyone with prior experience, anything would be helpful to help us stay grounded or give us some direction.

Thanks everyone, stay safe