Commercial Insurance Claims
Most savvy business owners purchase Commercial Insurance policies to protect their businesses against different types of loss. Commercial policies can often be drawn to suit the specific needs of the business, unlike a more standard insurance policy such as an auto policy or a homeowner’s policy. Commercial Insurance policy holders feel that they can rest assured that in the event something happens, the insurance will pay for it.
However, no matter how impressive the policy may be, insurance companies continuously look for loopholes and technical reasons to deny these claims. Because commercial policies can be so nuanced, business owners often have trouble understanding what will be covered in the event of a loss. Unfortunately, as a result, commercial policy holders who have paid high premiums for their policies often times accept the wrongful denials created by insurance companies. Businesses must then suffer a business loss, despite attempting to prevent this from happening in the first place.
Commercial policy holders should turn to an experienced attorney who can review the policy terms and assess the best way to approach the insurance companies from Day 1. Once you have an experienced attorney handling the case, insurance companies are much less reluctant to deny the claim based on small technicalities or to reduce the payment due to the insured. At Gilburg, we make sure that businesses who have made the extra effort to protect against a loss receive the full amount of compensation they deserve.
Contact Gilburg for a Free Review of your Commercial Insurance policy or Claim at (818) 780-7337.