You likely obtained a business owner’s insurance policy when you started your small business, including coverage for your business property and inventory. You’ve paid your premiums knowing that if you ever suffered a loss your insurance would be there to protect you.
If you’ve been dealing with a business or business-related property loss and made a claim to your insurance company that was denied, you likely feel both betrayed and pressured to figure out how you’ll handle the loss. Insurance companies have the highest obligation to act in good faith with their insureds. This includes an obligation to quickly and efficiently paying for covered losses. Insurance companies must also follow the rules set out in the Insurance Code before canceling your coverage or deciding not to renew it.
Insurers have a legal responsibility to diligently search for evidence that supports coverage of a claimed loss. Insurance companies cannot deprive their insureds of any benefits owed under their policies. When an insurance company fails to comply with the law it is responsible for paying damages, including claim costs, attorney’s fees, emotional distress, and punitive damages.
We can help you fight and win against insurance companies that fail to pay covered claims, including:
Property Insurance and Contents Claims
Business Interruption Claims
Claims for Damage from Fires, Floods, Wind, Hail, Theft and Burglary
Bad Faith Insurance Claims
Claims for Insurer’s Failure to Pay Benefits
Claim for Insurer’s Delay in Paying Benefits
Claims for Insurer’s Failure to Set Adequate Limits