Property/casualty insurance is insurance on homes, cars, and businesses. Property insurance protects a person or business against the loss of physical property or the income-producing abilities of physical property. Casualty insurance protects a person or business against legal liability for losses caused by injury to other people or damage to others’ property.
Property and casualty insurance may cover things like:
- Personal auto and watercraft
- Equipment breakdown
- Financial institutions
- Medical professional liability
- Workers compensation
Insurance coverage disputes can be complicated. Many insurance companies delay, undervalue, or deny outright claims involving property damage and personal liability. Often there is a short window of time to resolve these disputes, involving careful analysis of complicated and inter-related insurance policy forms, the insurance application, history between the insured and the agent, and legal precedent.
An attorney who has experience with property and casualty insurance claims can help you understand how disasters from hurricanes, fires or floods can play a big role in the failure of your business. When a disaster strikes and leaves your property damaged, many business owners turn to their property and casualty insurance for the coverage to rebuild and recover from their loss.
You pay high insurance premiums to ensure your comeback after a devastating loss, it is important that your insurance company steps up to pay when your business is in jeopardy. While some providers help, many insurance companies deny or delay payment to attempt to resolve cases for less than the policy provides. An attorney working for you, can help you obtain the full compensation for property and casualty losses that you deserve.