New York Commercial Insurance Claim Denial Attorneys
Representing NY business owners after catastrophe
When commercial property owners face a devastating loss because of property damage, they trust that the insurance policy that should cover them does its job. Unfortunately, insurance companies are always focused on the bottom line and that usually constitutes paying out less or not at all. When commercial property owners are faced with damage “not covered” by their insurance policy, it is important for them to consider their legal options. In many cases, the policy language lends itself to interpretation, often against the rights and best interests of the policyholder. Our firm has been a legal resource for commercial real estate owners for over 20 years. We handle insurance disputes for all causes of loss, including:
If you need a law firm with the experience to protect your rights when you face trouble with your insurance provider, we are here to serve. If you are a commercial property owner impacted by damage and an insurance company that is trying to deny your claim or underpay, contact The Law Offices of Craig A. Blumberg.
Commercial Property Insurance
Insurance policies are in place to restore you and your property back to pre-loss conditions. If your business was affected by the incident, your policy should help your business recover. Unfortunately, faced with a major loss and its effects, the insured party is tasked with the investigation and documentation of the loss. When a loss occurs, many are quick to settle the matter without taking the time to conduct due diligence and proper analyzation. Most insured parties are not familiar with their policy, including limitations on the coverage, deductibles, conditions precedent, and the requirements needed to make the claim. In addition, blindly accepting an insurance company adjuster’s opinion or offer can lead to the recovery of far less than what a business deserves. Commercial property policies often have language regarding:
- Physical property damage
- Business interruptions
- Extra expense, including moving costs and other costs that lead a business back to normal operation
- Contingent business interruptions
- Interim payroll coverage
- Loss of rents
- Extended period of indemnity
- Loss of ingress or egress
If your policy does not have language regarding business interruption insurance, you may need to consider having a separate policy. When faced with so many complicated factors, it is important to have the legal support you need to ensure that your rights and your business or property are duly compensated for your loss, per your policy.
Contact an experienced insurance claim denial attorney
The Law Offices of Craig A. Blumberg appreciate the uncertainty of a loss to your property or business. As a property owner, you have a lot on your plate and discussing your legal situation with an effective and knowledgeable attorney is best. If you face a loss that constitutes making a claim to your policy, you should retain the services of our firm to protect your rights and future. If you need our quality legal support, contact The Law Offices of Craig A. Blumberg for a consultation.