Hurricane Katrina Damage Claims must be filed by August 28, 2006.
Business interruption insurance is one
of the most complicated areas of insurance
law. There are many interpretations of
what qualifies as a “business interruption”,
and not every insurance carrier covers
the same situations with every policy.
Issues such as income reimbursement,
logistical disruption, and the potential
to salvage the profitability of the venture
itself can affect the ways insurance
companies deal with business interruption
claims.
Unfortunately these claims involve very
complicated and nebulous factors, and
many insurance companies try to pay as
little as possible to their policy holders.
In fact, many insurance providers are
now claiming the many business interruption
claims are invalid because they resulted
from non-covered factors such as flooding
and standing water damage. Business owners
with legitimate claims that wind and
rain interrupted their businesses cannot
collect the restitution they rightfully
deserve.
Many aspects of insurance law are unclear
and confusing. If you believe your insurance
company is withholding relief without
good cause you may have a right to take
legal action. Let our team of dedicated
legal professionals examine your policy
and see if you have case against your
insurance company. We are ready to help
you today.
Contact us today for a free confidential consultation
Business Losses | Business
Damages | Business
Interruptions | Our
Experience | How
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Case Review
Steigerwalt & Associates
is working to help victims of financial
loss due to business
Interruption from Hurricane Katrina throughout
the country
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