If you are a homeowner or a business owner, you most likely have insurance to protect your home and your assets from disasters, such as fires or storms. However, some property owners find themselves in a situation where their insurance company is acting unfairly, deceptively, or flat out unlawfully. If your property has fallen victim to a disaster and your insurance company is refusing to pay, here are some of the questions you may have regarding your legal options going forward:
How can an insurance lawyer help homeowners?
When your property is damaged, you look to your insurance policy to provide you with the financial relief you are supposedly paying premiums for. However, insurance companies are not always looking out for your best interest. They are a business, and businesses are supposed to make money. Therefore, to them. your claim is not a plea for security and respite from the damages caused, rather, it is just another business transaction, and they will most likely try and take whatever they can from you.
Thankfully, our firm is dedicated to helping insured property owners. When your home or automobile is damaged due to a fire, intense winds, storms, or floods, we are here to represent you and ensure you get the most out of your claim.
How can an insurance lawyer help business owners?
If you are a business owner whose business has just been significantly damaged, there is a very good chance you will want to have all repairs made and your business back up and running as soon as possible. Unfortunately, it is for this reason that many business owners are quick to settle the matter without taking the time to hire an experienced attorney who can conduct due diligence and proper analyzation.
An insurance attorney can tell you more about the specifics of your policy, including limitations on coverage, deductibles, conditions precedent, and the requirements needed to make your claim. Commercial policies very often contain intentionally vague and deceptive wording regarding their terms for:
- Extra expenses, including moving costs and other costs that lead a business back to normal operation
- Contingent business interruptions
- Interim payroll coverage
- Loss of rents
- An extended period of indemnity
- Loss of ingress or egress
- Physical property damage
- Business interruptions
Contact our experienced New York firm
The Law Office of Craig A. Blumberg is an experienced New York City insurance law firm. If you require quality assistance after having suffered a property loss due to a fire, a flood, a severe storm or a robbery, please do not hesitate to contact our firm to schedule a free initial consultation. A knowledgeable attorney on your side in your time of need can make all the difference.