After filing a commercial insurance claim, a significant delay can disrupt the company’s operations. If the property has been damaged, it may be unusable, or operations may proceed at a substandard rate. As a result, the company is actively losing money until those...
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Insurance Disputes
Challenging insurance damage assessments
Commercial property damage can trigger large insurance claims, yet insurers often issue assessments that fall short of actual repair costs. Businesses face a difficult position when an adjuster's valuation does not align with contractor estimates or engineering...
Can you appeal an insurance denial?
Yes, you can often appeal a denial or contest a decision made by your insurance provider. Your business likely carries multiple layers of commercial insurance, property insurance and other such policies. You may need to file a claim after significant property damage...
Is the insurance company acting in bad faith?
If you file a commercial insurance claim and it is denied, there may be a valid reason for that denial. Not all claims are approved, and there could be disputes over the evidence that has been provided or the provisions of your insurance policy in the first place....
When a commercial insurance provider stonewalls a valid claim
New York businesses may carry a number of different types of commercial insurance. From premises liability coverage and errors and omissions protection to business interruption policies, each form of insurance coverage helps mitigate a company's exposure and limit its...
Addressing manipulations during a commercial property claim
Successful businesses with commercial properties in New York generally invest in property insurance. Coverage is important for mitigating the organization’s liability if visitors sustain injuries while at the property. Commercial property insurance is also important...
Can companies get insurance for reputational damage?
A company’s reputation is widely considered its most valuable asset. Defining “reputation” and determining what goes into creating or damaging a business’s reputation isn’t a simple task. Reputation may be seen as one of those intangible things that can make or break...
Is your commercial insurance provider acting in bad faith?
As a business owner, you likely have significant insurance related to your company. At the very least, if you have real estate, you are going to have property insurance that should help if there is ever damage to that property. You need an insurance provider that will...
Navigating an unfair business interruption insurance claim denial
Large, successful organizations have significant ongoing operational expenses. Costs associated with worker wages and benefits accrue daily. Expenses for facilities, raw materials and marketing also require payment on a regular basis. Successful organizations control...
Examples of insurance companies acting in bad faith
Your company has a comprehensive insurance policy that is supposed to offer a level of financial protection. But when you go to use that policy, the company drags its feet and doesn’t pay out the money that you believe your business needs and deserves. In a situation...
