Business interruption insurance is designed to protect against losses caused by major issues that prevent your business from operating normally.
By filing a business interruption claim with your insurance company, you are asking for their assistance in covering expenses such as lost profits, loan payments, relocation costs, rent or lease payments, taxes, and employee wages. Before a business interruption claim is approved, you will need to demonstrate a distinct loss of physical use of the business property covered by your policy.
The insurance company will then review your claim, however it is likely they will attempt to underpay or deny your claim outright. While you might think your insurance company has your best interests in mind, agencies are constantly looking for ways to minimize the amount of money they need to pay in order to settle your claim.
Even if you have consistently paid your premiums for years, many times, agencies will unfairly undervalue, delay, or even outright refuse to cover your claim.
Your insurance company is supposed to be there when you need them the most, but oftentimes, they can be the largest obstacle in getting your business back on track. The good news is you are not defenseless.
At Feldman & Lopez, we’ll stand up to your insurance company and make sure you’re given the financial support you deserve.
Our team of business insurance experts will seek every legal remedy possible to ensure you receive compensation in a timely manner by building your case and litigating it methodically and effectively.
With Feldman & Lopez, you can rest assured that where there is a warranted recovery, we will deliver.
If you have suffered an interruption to your business and had your insurance claim underpaid, denied, or not dealt with in an ethical manner, you are entitled to file a lawsuit.
At Feldman & Lopez P.A., our attorneys have vast experience challenging insurance companies, and understand the deceptive tactics they sometimes use to avoid compensating policyholders fairly.
Clients of Feldman & Lopez can be certain their case will be handled diligently and aggressively, ensuring you receive the best possible outcome for your claim.