Business Insurance Attorneys On Your Side
Serving You & Your Business During Hard Times
Having your commercial property insurance claim denied or undervalued can have devastating effects on your business. Without access to the money you’re owed, damages can’t be repaired. This can limit your company’s ability to conduct business, resulting in loss of income, company layoffs, and perhaps even a full shut-down.
Your business insurance should work for you. And when it doesn’t, it’s important to have someone on your side who has the experience required to recover equitable compensation. The Law Offices of Michael B. Brehne, P.A., have over twenty years of experience helping business clients with bad faith claims against their insurance providers.
If you believe your insurance company has unfairly denied or undervalued your claim, schedule a case consultation today to see what we can do for you.
Commercial Property Insurance Coverage
Most insurance companies offer policy options to cover losses related to natural disasters such as hurricanes, flooding, fires, and destructive winds. You might even be covered in the event of theft or vandalism. There are several types of coverage available with different insurance agencies, but policies commonly cover the following issues.
- Property Damage: This can include buildings, fixtures, machines, furnishings, raw materials, and inventory related to the function of your business.
- Business Interruption: If the damages are so great that business cannot continue as normal, an insurance policy could provide funds for a set period of time to sustain the cost of business operations, payroll, and profits. An extended policy may be available to cover additional costs.
- Extra Expense: This can help offset expenses incurred as a result of mitigating business loss, such as moving the business until the property can be repaired, and may include equipment breakdown coverage.
- Payroll Coverage: Can help cover employee salaries for a set period of time while the business is closed.
- Loss Of Rents: Based on your rental agreement or lease, this could pay for lost income in a situation where a rental property becomes untenantable after a covered event.
- Utility Services: Protects against losses in the event of service interruption for utilities such as water, power, or communications.
If you’re unsure if your losses are covered under your insurance policy, an experienced insurance lawyer can help you navigate what’s included.
Why You Need An Insurance Attorney
You’ve worked hard to build your business to where it is today, but unexpected damages can create huge setbacks. Florida is no stranger to natural disasters. Every year, businesses experience property loss from damaging hurricanes, tornadoes, flooding, and more. That’s why you opted for a comprehensive insurance policy to begin with. But, insurance companies can’t always be relied on to disperse the appropriate amount of funds in a timely manner.
A well-versed insurance attorney can help dispute an undervalued or denied claim so that your business has access to a lifeline when it needs it the most. Insurance lawyers can help in a variety of ways, including:
- Examine your insurance coverage
- Identify any policy compliance issues
- Evaluate property losses, including building, equipment, and inventory
- Develop comprehensive presentations with expert reports
- Proceed with litigation, if necessary
Contact Our Business Insurance Lawyers In Orlando
Business property loss is more than just the building that your company works out of. If you haven’t received reasonable compensation to help get your business back on its feet, we can review all of your losses to ascertain what you’re owed. We’ll work on your behalf to recover the payout you deserve. You know your industry inside and out — you can trust that the attorneys at the Law Offices of Michael B. Brehne, P.A., know ours just as well.