Business Interruption Claim Florida, Insurance Denial Tampa
Business Interruption Claims in Florida are often denied & require expert assistance from Florida personal injury lawyers with experience with insurance bad faith & claim denials. They are often denied by insurance companies initially as a matter of standard business practice. Insurance companies are, for the most part, for-profit organizations meaning they are incentivized to collect as much in premiums as possible while paying out on claims as little as possible. Businesses in Tampa, and across Florida are reviewing insurance policies to determine whether they qualify to bring a business interruption claim related to the coronavirus (COVID-19) emergency.
Business Interruption Claim Qualifications in Florida
To bring a business interruption claim in Florida the business must first review the language in their policy. Insurers use various definitions and qualifications when writing a policy, in some part to make understanding the policy easier. However, by using precise and limiting language the insurer also makes it more difficult for policyholders to file a claim. Insurers will point to this language when denying a claim and hope that the policyholder will not challenge the denial. The insurance carrier will also include various “exclusions” in the policy. If an otherwise covered loss is related to one of the stated exclusions the insurer may point to that when denying coverage. Ultimately with so many opportunities and reasons for carriers to deny coverage for all claims, it is often in the business owner's best interest to consult with an attorney who specializes in insurance coverage, insurance bad faith, and specifically business interruption claims even before submitting a claim.
Claim Denials
If your business interruption claim in Florida is denied, you must take additional action to preserve your rights under the policy. Due to the nuances inherent in insurance policies, this will often require hiring an attorney with experience handling insurance law and claim denials. It will not be enough that the law firm or attorneys have experience negotiating with insurance companies, any attorney or law firm can do that. Interpreting insurance policies and applying relevant case law is critical to determining the existence of coverage. Insurance companies keep track of which law firms and attorneys have a track record of going the distance, proving coverage, and obtaining large recoveries for clients. They also keep track of those firms that limit their practice to cases involving clear liability and settle as early as possible so they may move on to the next case. Once a carrier denies your claim, it is important to research and choose the right lawyer to move forward with.
The Law Firm for Business Interruption Claims in Florida is Swope, Rodante P.A.
Swope, Rodante is located in Tampa, Florida, and serves clients throughout the state. Swope, Rodante is known throughout legal circles as the top firm for handling claims related to insurance denials. The firm has experience going up against virtually every insurance company and defense law firm after they wrongly denied coverage on an insurance policy. This means they understand the strategies insurance companies and their attorneys use, and often it ends up being those failed strategies that are used against the insurance carrier. Whether your business interruption claim in Florida is related to Coronavirus (COVID-19) or something else, Swope, Rodante P.A. should be your first call.