Commercial Property Damage Lawyers

Insurance companies will often try to pay out as little as possible to maximize their profits. This often means that commercial insurance policyholders receive less compensation than they are rightfully owed. Some of these dishonest and unfair “bad faith” tactics include:

• significantly underestimating the extent of losses
• misrepresenting the cause of the loss
• delaying or denying legitimate claims, hoping policyholders will eventually give up their fight.

Insurance policyholders do have legal recourse, however. Commercial property owners can protect their business investments by enlisting the help of a proven commercial property damage lawyer to help them in insurance recovery.

Commercial insurance disputes are often focused on one or more of the following factors:

• Whether repair or replacement of the commercial property is appropriate
• The cause of the loss and whether it is covered under the insurance policy
• The cost of commercial property repairs
• The loss of investment value or business income caused by the damage
• The estimated value of the destroyed business equipment or other insured items
• The replacement cost of the commercial property if the building was damaged beyond repair