A commercial property insurance policy can provide your business with the protection it needs when severe weather strikes. A hurricane, or other natural disaster, can disrupt operations or destroy the structure where your business is housed. The right coverage for hurricane damage could ensure those losses are paid for. There are complications that can arise …
Does Commercial Insurance Cover Window Damage?
For busy business owners in Texas, commercial insurance stands as an indispensable safeguard, offering protection against the unpredictability of life and commerce. This form of insurance is crucial for businesses, covering a range of potential risks and damages that can significantly impact operations and financial stability. Among these risks, window damage emerges as a common …
Does Commercial Insurance Cover Water Damage?
Commercial insurance provides businesses with financial protection against a range of potential losses, including property damage, liability, and business interruption. For businesses in Texas, where weather can be unpredictable and sometimes severe, securing water damage coverage within commercial insurance policies is critical. The state’s susceptibility to hurricanes, flash floods, and storms means water damage is …
Does Commercial Insurance Cover Hail Damage?
Hail, a form of solid precipitation consisting of balls or irregular lumps of ice, is a familiar weather phenomenon in Texas, notorious for its capability to inflict substantial damage to property. Texans can see a high frequency of severe hailstorms, making hail damage a significant concern for business owners and commercial property managers. In response …
Does Commercial Insurance Cover Pipe Damage?
Commercial insurance serves as a crucial safeguard for companies against unforeseen disasters in Texas. This form of protection covers a broad spectrum of risks, ensuring that businesses can withstand the financial strain caused by unexpected events, including property damage. Recently, Texas has experienced severe winters, leading to a surge in incidents of pipe damage due …
Does Commercial Insurance Cover Hurricane Damage?
While many commercial insurance policies include coverage for hurricane damage, whether you have compensation options depends on the policy you purchased. Many claim-specific details, such as deductibles, exclusions, and limitations, may apply. If your commercial property insurance offers coverage for hurricane damage, you should get what you paid for. Unfortunately, not all insurance companies follow …
Does Commercial Insurance Cover Tornado Damage?
While many commercial insurance policies cover tornado damage, you should always review the details of your specific policy before assuming anything. Wind damage coverage is generally included in many commercial insurance policies, but some have exclusions that you should know about. For example, some standard insurance policies do not cover “acts of God.” This is …
Why Insurance Companies Deny Property Claims
Insurance companies deny property claims for different reasons. In general, they may argue that your damages are not covered under your specific policy or that you lack documentation of your losses. In some cases, they may even believe that you engaged in criminal activity and are attempting fraud. When you receive a denial for a …
Does Commercial Property Insurance Cover Fire Damage?
A fire can quickly grow out of control and damage your commercial property and the products and equipment it contains. If your property and contents sustained fire damage, your Corpus Christi Commercial insurance claims lawyer could cover fire damage. In the immediate aftermath, knowing how to apply for the financial compensation your coverage entitles you to …