Business Insurance Claims in Round Rock
Businesses that are not large enough to self-insure typically have to rely upon custom tailored insurance policies to help them meet their risk management challenges. Yet, no matter how many contingencies that are taken into account, it is impossible to plan for everything that could go wrong. That is why there are many different types of business insurance policies available, including:
- General Liability Insurance:
- Property Insurance:
- Business Owners Policy (BOP)
- Business Interruption Insurance
- Commercial Auto Insurance
- Worker’s Compensation
- Professional Liability Insurance
- Directors and Officers Insurance
- Data Breach Insurance
- Umbrella Insurance
Filing a Business Insurance Claim
When your business sustains a loss, whether by fire, natural disaster, a slip and fall or a theft, you will need to file a business insurance claim. Listed below are steps that you can take to make the claim process easier to navigate:
- Review your policy – know what your policy covers and know what your duties are as a business owner.
- Protect your property by making temporary repairs. The cost will be covered by your policy so save your receipts. Repairs to keep the business operational and safe can be made without the permission of the insurer, but hold off on any permanent repairs whenever possible. Get two to three estimates from reputable sources to document the damage. Never throw anything away before the adjuster has given you permission to do so.
- Call your agent to report the loss as soon as possible. Provide as much information as you can. If you have sustained a burglary or theft contact the police immediately.
- Obtain a police report if the situation warrants it such as a burglary or theft.
- Hire accounting assistance if your claim involves a loss of income or a business interruption claim.
- Keep good records and document everything. Make a video of the damage or take photos, and keep all of your receipts. Any conversations that you have with your insurance carrier should be documented including date, time and topic. This information may be key to a successful settlement if your carrier balks at paying the claim.
- Hire an attorney to prepare the claim. Attorneys work with insurance companies every day and know what adjusters are looking for. Hiring an experienced attorney can head off a lot of headaches and may be invaluable if your claim is disputed.
Contact Zinda Law Group Today
When a business experiences a loss, the stakes can be high; some businesses never recover from a loss because of the roadblocks, delays and denials that their insurance carrier throws in their way. If this is happening to your business, you need an experienced attorney - one with the expertise to get your claim paid. The attorneys at Zinda Law Group have the knowledge and expertise that you need to fight back and get a fair settlement. We have successfully represented many clients in insurance disputes and we can help you too. Call today for a free consultation!