If your commercial property suffers damage, it can slow business operations and even stop them entirely. In addition, you may find it difficult to collect the full amount of damages from your insurance company. When your business is at stake, you can’t afford to wait months — let alone years — for compensation. To maximize your compensation and reduce potential headaches, consult with an experienced Des Moines attorney before filing a commercial property insurance claim.
According to the National Association of Insurance Commissioners, Iowan businesses spent nearly $306 million in commercial multiple peril insurance in 2011. Unfortunately, insurers often engage in unscrupulous tactics to avoid honoring these costly policies. For example, city officials in Iowa City are clashing with their insurer over $3.5 million in damages from a May 2012 landfill fire.
When your property suffers damage, it is urgent to obtain legal advice as soon as possible. An attorney can help you review the fine print of your policy and ensure you do not make any detrimental errors on the claim form (e.g. inadvertently categorizing the damage as a type that is not covered by your policy). With the help of a Des Moines commercial property damage lawyer, you are less likely to experience denial of a valid claim or unnecessary delays in payment.
At Hope Law Firm, P.L.C., our skilled team has more than four decades of experience handling property insurance claims. We’ll fight hard to make sure you get the compensation you’re owed under your insurance policy. Call our office today to set up your free initial consultation.