Business insurance is something that most businesses simply must have. Business insurance,
or Commercial General Liability coverage, protects businesses against
unforeseen injury or property damage claims that should arise. While this
coverage provides invaluable financial protection for a number of scenarios,
not all instances of
property damage will be covered. It is important that you thoroughly examine the terms
of your policy to determine your level of coverage.
The following are typically not covered under a business’ insurance policy:
Punitive damages: Business insurance will not cover any punitive damages that may be imposed
in the event that your business is sued. Any punitive damages must be
Intentional acts: What if your employee suddenly decides to assault one of your customers
in your store? Your business insurance will not cover the resulting damages
if the customer decides to sue, since this is considered an intentional
act. If your employee was defending themselves or the company from a criminal
act, business insurance may provide coverage.
Auto accidents: Accidents involving delivery trucks or any other company-owned vehicle
are not covered under standard business insurance. Accidents involving
commercial vehicles are only covered if your business has purchased a
separate commercial auto Insurance policy.
Faulty workmanship: Business insurance will not cover any damages that should result from
your company’s workmanship. Damage to a customer’s property
as a result of clumsy craftsmanship that would ordinarily be covered by
company warranty will not be reimbursed.
Employee injuries: Business insurance does not provide compensation for any injuries your
employee may sustain on the job. In Texas, injuries to employees are handled
under the state’s workers’ compensation program.
Contact Dick Law Firm, PLLC
If you believe your business insurance claim was denied for unjust reasons,
Houston business insurance lawyer from Dick Law Firm, PLLC can protect your interests in court and help
you pursue every penny of your deserved coverage. Having represented thousands
of businesses since 2008, our talented litigators have the knowledge and
skills you need to maximize your chances of securing a desirable outcome.
To find out more about how our firm can help, call 833-7RIGHTS to
request a free consultation today.