During storms, hurricanes, or severe thunderstorms, your business property can suffer serious wind damage. Even when you take reasonable precautions, the impact on your operations can still be devastating. In situations like this, you'll generally need to turn to your insurance provider for coverage through a commercial property damage claim.
Although business property coverage typically includes wind damage, some insurers may act in bad faith by delaying, underpaying, or denying valid commercial insurance claims. These actions can make it harder to receive whatever compensation you may be entitled to. If you are struggling to recover what you’re owed for your insurance claims, a Texas commercial property wind insurance lawyer can help.
When wind damages the doors or windows, rainwater can enter the building. This moisture can weaken the structure and damage electrical systems.
Wind damage can ruin stored goods, so you can’t use or sell them. You may be owed compensation for your lost inventory.
Structural damage occurs when walls and floors are broken or weakened. It is usually covered by commercial property insurance.
Damage to the roof and siding, such as torn or missing shingles, can lead to leaks, interior damage, and costly repairs. You can seek building coverage.
Fallen trees and debris can crush roofs or block entrances. If debris blocks access to your property, your insurance carrier may cover the cost of removal.
Permanently installed equipment and machinery are often part of your company’s essential assets. You may be owed coverage for damage.
When wind damage forces a business to close or slow operations, it can result in lost income and ongoing expenses.
Dealing with the effects of commercial property damage is stressful enough on its own. When handling the commercial property claims process, the paperwork and complex rules can quickly become overwhelming. To reduce that stress, commercial property owners can get help from an experienced wind damage lawyer. Your lawyer can help you fight for whatever insurance coverage you may be entitled to under your policy.
You should consult a commercial wind damage lawyer if the damage from the wind affects your ability to operate your business or causes lost revenue. You should also consider working with a lawyer if your insurer is excessively slow to respond, offers less than expected, or denies your claim. If your insurer has refused to investigate your claim or misrepresented your policy, getting legal help is also necessary. You may need to file a claim of bad faith insurance practices.
Hiring an experienced Texas commercial wind damage lawyer is important because insurance companies can hire high-powered legal teams to protect their interests. A skilled lawyer can fight for your rights, negotiate with the insurance company, and make sure you get whatever insurance coverage you may deserve. Your lawyer can also handle all the paperwork, gather evidence, and document your losses to build a strong commercial property damage claim.
Rejecting Claims Without Cause
Sometimes, an insurer may reject a valid claim without a good reason. In these cases, you may need to challenge their decision.
Holding Up Claim
Some insurance companies drag out the claims process on purpose, making you wait longer than necessary for your payout.
Low-Balling Claims
Insurers might calculate your losses in a way that underestimates the real cost, resulting in a lower payout.
Confusing Policyholders
Insurance agents may use misleading language or examples, and this can lead to misunderstandings about what your coverage includes.
Refusal to Investigate
Some insurance adjusters avoid checking claims properly, which can leave property owners without the resources to recover.
At Millin & Millin Attorneys, our Texas insurance claims lawyers help commercial property owners handle complex insurance claims and bad faith tactics. With over 50 years of combined experience, we know how to fight for fair compensation.
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Many commercial property owners have their claims denied because insurance companies use bad-faith tactics to reduce or avoid payouts. Common bad faith strategies include:
Aside from these unfair practices, insurance claims can also be denied for valid reasons. Some of the most common legitimate reasons include policy exclusions, where certain types of damages or events simply aren’t covered by your commercial property insurance policy. Coverage limits may also prevent the insurance company from paying the full amount of your losses. Claims submitted late or without sufficient documentation to prove damage or financial loss are often rejected as well.
In addition, damage that results from neglect or failure to properly maintain the property may not be covered, and failing to follow specific policy requirements can also lead to a denial. Understanding both bad-faith tactics and valid reasons for claim denial is essential to determining your next steps.
In addition to helping with commercial property insurance claims, we assist homeowners with personal property coverage for damage to homes and belongings caused by strong winds. If you’ve experienced property damage to your home and your insurance company is acting in bad faith, you can contact us for a free initial consultation.
