Commercial Property Insurance Dispute Attorneys in Florida
Helping Gulf Coast and Florida Panhandle businesses get back on their feet
Many businesses that are forced to shut down for a significant length of time never reopen, and damage to commercial property can contribute to that, too. If a natural disaster, such as a hurricane or flood, damages or destroys your building, you need to quickly make the necessary repairs or find a new suitable location. When rains, wind, and other elements damage buildings, the equipment and inventory are often damaged too.
Attorney Gene Warhurst has been helping policyholders get back on their feet since 1995. Before his work as an insurance attorney, he worked as a claims adjuster. He understands what insurance companies should be doing to help their clients and when insurance adjusters are acting in bad faith. Contact Warhurst Law today to work with a Florida insurance dispute attorney who will fight for you.
Representing commercial property owners in Florida
When you have a policy on a commercial property, your needs are going to be different. You deserve an attorney who understands the importance of timelines, proper valuation, and assessing risk. At Warhurst Law, we have dedicated ourselves to fighting for policyholders whose claims involve:
- Business properties, including brick-and-mortar buildings
- Investment properties
- Condominiums, apartments, hotels, and other multi-family dwelling units
- Family and industrial farming facilities
- Warehouses and storage properties
- E-retailers and online businesses
Verdicts and settlements for commercial property policyholders
- $26 million settlement for an apartment complex previously offered $3 million
- $11 million settlement for an apartment complex’s property damage, settled pre-suit
- $5.4 million in additional compensation for an apartment complex for wind damage in a storm
- $2.37 million in additional funds for a tornado claim
- $2.2 million settlement for an A/C business which was originally offered $200,000
- $1.3 million settlement for a radio station originally offered $19,000
Types of commercial insurance
Commercial property owners pay premiums to insure against any type of destruction to their buildings, their contents, and their operations. Businesses should have the following insurance coverage to cover the damages due to natural disasters and accidents that can cause physical and economic damage to buildings, business assets, and business income.
- Property insurance. These policies should pay for the structural damage to buildings, inventory, tools, equipment, and other physical assets in the event of a man-made or natural disaster. It applies to all of your property, including freestanding structures and landscaping, but it may exclude certain types of damage, like that caused by flooding.
- General liability insurance. If someone is hurt on your commercial property, do you have enough coverage to address his or her claim? General liability insurance can help protect you.
- Professional liability insurance. If your company makes a mistake, it can cost you more than you think. Professional liability covers accounting errors, clerical errors, and even some complaints from customers.
- Business interruption insurance. This policy generally should cover lost income and expenses from the date the business can’t operate until the date it can reopen under the same conditions as existed before the disaster.
- Comprehensive auto insurance. This insurance policy should cover the cost to replace company cars, trucks, and other vehicles needed for the business.
- Umbrella policies. These policies are designed to fill in the gaps, and to cover anything “left over” that another policy doesn’t cover.