Commercial property insurance protects property owners from possible bankruptcy when an unexpected event causes damage to their property. Oftentimes, when a commercial property suffers damage, the consequences can lead to problems for the business as well. For this reason, when purchasing insurance coverage it is important for owners to anticipate the risk potential damages may pose to business operations. Generally, the equipment used in operating the business is just as important as the physical structure itself.
Due to the nature and use of commercial properties, the value of the damages sustained can be very high, so it is not unusual for insurance companies to try to avoid covering the losses of an insured commercial party by blaming them for the losses suffered. Disputes and delays arising from an insurance claim can put the entire business at risk of shutting down. If your commercial property has been damaged by an event and your insurance company is delaying or disputing your claim, you need an attorney that can help you fight to enforce the terms of your insurance policy.
Commercial insurance carriers have a team of lawyers and adjusters working on their side to minimize the value of the claims they have to pay out. With Kagan Law on your side, you will have a team of experienced Florida commercial property damage attorneys on your side, fighting for you and helping to protect your business interests.
- Our attorneys are skilled in fighting insurance companies and helping our clients enforce the terms of their insurance policies
- We will handle the legal side of things so that you can focus on continuing to manage your business operations
To find out how the Kagan Law Firm can support you in your commercial property insurance dispute, contact us to schedule a free consultation. Call us today at (954) 300-1068.
Common Causes of Commercial Property Damage in Florida
Commercial properties suffer the same risks as residential properties and more. The kinds of property damage that commercial property owners must worry about include:
- Theft and Vandalism: Commercial properties are often a target of thieves and vandals because of the valuable assets and equipment that may be present on the property.
- Storm damage: Just like residential properties, commercial properties are not exempt from the damages caused by Florida’s tropical rainstorms and hurricanes.
- Fire damage: Some commercial buildings are more prone to fires than others. Restaurants, commercial kitchens, manufacturing plants, and more are all at high risk for fires. A fire can cause extensive damage to commercial properties, destroying the building as well as other valuable business assets.
- Floods: Many areas in Florida are flood-prone and commercial buildings can be damaged by floods.
Apart from the impact on their business operations, commercial property owners must also think of possible liability from personal injuries that could occur on their property. Damages on the property can create dangerous conditions that put customers and other legal visitors at risk of injury and can leave the business open to premises liability lawsuits from those injured on the property.
How a Florida Commercial Property Damage Lawyer Can Help You
When an unplanned event has caused damage to your commercial property, it is in your best interest to speak with an experienced commercial property damage lawyer as quickly as possible. Your lawyer will be able to help you:
- Understand your policy
- Get an accurate assessment of the damage
- Prepare to counter the insurance company’s attempt to avoid paying your claim
- Protect your interests in a settlement negotiation with the insurance company
- Litigate your claim in court if a settlement cannot be reached
Contact a Florida Commercial Property Damage Lawyer Today
The Florida commercial property damage attorneys at Kagan Law Firm have experience fighting insurance companies and recovering fair settlements for clients. We understand the tactics used by insurance companies and will fight on your behalf to reach the best possible resolution in your case. Call us today at (954) 300-1068 to schedule a free consultation with one of our attorneys.