When a crisis prevents you from continuing your business’s day to day operations, you may be facing:
Business interruption insurance is a fairly standard element of most business owner policies. If you have had difficulty filing this type of insurance claim or have had such a claim denied, then a lawyer may be able to help.
Call our team at the Landau Law Group today at (866) 703-4878 for a free consultation.
You likely purchased business interruption insurance in the event that a crisis or disaster hindered the way your company makes a profit.
Some examples that would the use of this insurance include:
The extent of what your policy covers will be outlined in the details of your insurance plan. When you work with a lawyer, they can read between the lines of your policy to determine what coverage is available in your situation.
Many businesses were shut down in the wake of the COVID-19 crisis to slow the spread of the disease. According to a recent report from Goldman Sachs, 96% of small businesses have been impacted by this pandemic.
As a result, many business owners were left without a way to keep their company afloat and turned to their insurers to implement the coverage under their business interruption insurance policy. Right now, you could be waiting for your policy to “kick in” so you can get the benefits that your premiums have been paying for.
Some of the consequences of a business shut down you could be facing include:
Business interruption insurance is crucial during this challenging time. If your claim has been denied, which is happening to many businesses right now, according to the San Diego Union-Tribune, or your insurance company is being uncooperative, working with a lawyer can help. This is where the Landau Law Group can step in and provide legal assistance.
To begin a free case review, call us today at (866) 703-4878.
Some insurance companies understand how a business interruption can devastate a company and its workers. Others are not so sympathetic and only seek to protect their bottom line by undervaluing or denying claims. In the legal world, employing strategies that work against a claimant’s best interests are known as “bad faith insurance practices.”
Examples of this include:
If any of these actions or one similar to it has happened in your situation, working with a lawyer can be a valuable asset. While dealing with a crisis that has impacted your business, you do not have time to waste with uncooperative insurance companies. When you work with the Landau Law Group, we can work to make sure that you are offered the benefits under your policy agreement. Call us today.
When you are facing losses because of a situation that caused an interruption to your business operations, a lawyer may be able to help you in various ways.
Some of the possible ways that a lawyer could assist you include:
If your lawyer is successfully able to represent your interests, you may be able to get a settlement that covers the losses outlined by your insurance policy.
Because our clients are our top priority, we offer our services on a contingency basis. We will try to have the insurance company pay our fees per applicable statutes when we demonstrate bad faith failure to pay a valid claim in litigation. What this means is that we do not get paid until we are able to successfully resolve your claim. From there, we take payment for our services out of the compensation we get for you. If we take you on as a client and then later cannot get financial recovery on your behalf, then we do not get paid. Not only does this minimize your financial risk, but it ensures that our team takes your case just as seriously as you do.
If your business has slowed or closed operations for whatever reason, time may not be on your side. Call our team at The Landau Law Group today at (866) 703-4878 for a free consultation. We are ready to get started on your case today.