Along with taxes, insurance is a fact of daily life, and in the modern business climate. Texas insurance dispute lawyers are available to ensure that governing laws are being adhered to when a claim is in question. Individuals, families and businesses generally carry insurance policies such as the following:
- Health insurance
- Homeowners insurance
- Automobile insurance
- Property insurance
- Business insurance: including property insurance, casualty insurance, liability insurance, commercial auto insurance, workers' compensation insurance, business interruption insurance, health insurance for employees, life and disability insurance for employees and other types of insurance customized to the needs of a particular business
Businesses Rely on the Integrity of Insurance Policies
Each type of insurance coverage that is typically carried by a business, including property and casualty insurance, is a reflection of the importance of different aspects of a business to its overall health and strength. Liability insurance is intended to protect a business from claims by third-parties or customers, for example. Business Interruption Claims and Insurance Bad Faith
Likewise, business interruption insurance is supposed to protect a business from unexpected obstacles to normal business operations. Insurance bad faith claims are often based on legal concepts including breach of covenant and violation of the Fair Claims Settlement Practices Act.
Protecting Businesses in a Time of Loss
When any insurer denies a claim, with resulting major losses to a business, it is advisable to discuss the claim denial with an experienced business law attorney. There may be a viable legal claim against the insurer. An experienced lawyer can expedite the achievement of financial relief that a business needs.
Texas insurance dispute lawyers like Mark A. Sanders has brought successful bad faith insurance claims on behalf of businesses in connection with business interruption claims that were not paid promptly. Denied insurance claims can leave businesses to struggle in the face of unexpected difficulties such as cut-off of needed utilities during nearby construction.
Request a case review regarding any business insurance dispute. Contact Law Office of Mark A. Sanders in West Houston to schedule a consultation.