Have you been denied coverage for business interruption insurance during this difficult time? You still may be able to recover lost payments even if you have been denied.
Business interruption insurance is simply the ability for a business owner to collect payments during a catastrophic loss (like a fire or flood).
More specifically, the insurer will pay for the actual loss of business income if it is caused by a “direct physical loss” to the insured business.
You may also be covered in the event you are forced to be closed by a government or civil authority, and you have suffered a significant loss in income as a result.
It may be possible to collect against your business interruption insurance Even if your insurance agent or insurance company denied your claim.
Bad Faith Insurance Claims are when an insurance company interprets the law that is favorable for them to deny coverage.
What we are seeing is this is happening to business owners across the board. The fact is, if you have heard this from your insurance company
Unfortunately a lot of insurance brokers or agents are automatically telling business owners that they do not cover it. A lot of business owners are accepting this as fact and walking away taking what their insurance company says as “truth”.
In fact, by the insurance companies training their staff to flat out deny, or tell people they do not cover your business, they are opening themselves up to what is called Bad Faith Insurance Lawsuit
The most important question is what is this going to cost me?
The great news these types of claims that we are taking on are taken on is on a contingency basis.
If you have any questions, please reach out to us, and we can talk about the next steps to proceed.
We are a San Diego based real estate law firm. We are conveniently located in downtown San Diego. Please contact us today for any legal related matter.
At Equity Legal LLP, our aim is to offer you unparalleled legal advice all under one roof. We assist our clients with litigation, contractual, development, investment, and much more.
© Equity Legal LLP - All rights reserved
This website is attorney advertising: prior results do not guarantee a similar outcome. This is not legal advice. Equity Legal LLP is the California attorney responsible for this advertisement. See the jurisdictions in which our lawyers are licensed, admitted, or otherwise authorized to practice.
Do not assume that you are entitled to any compensation as a result of the complaints you have. Compensation for potential legal violations, and any results obtained, depends upon the specific factual and legal circumstances of each case.