How Insurance Bad Faith Can Affect Your Business

The purpose of purchasing insurance is to know that someone has your back financially during extreme and unexpected times of hardship. This notion applies to both individual insurance and insurance used by business owners. But just how the homeowner can get shorted thousands of coverage after a hurricane blows the roof off their house, a business owner can be left alone and stranded, too.

Business insurance bad faith is a very real problem for business owners across the country. Their livelihood, and more or less their lives, are their companies. To some extent, the physical building that their companies are housed within are more important than their own private residences. If an insurance provider is not willing to step up to the plate and provide fair coverage after a disaster, or even after someone has sued your business for an onsite injury, you could stand to lose literally everything you have.

Most business insurance coverage plans should provide monetary relief in the event of:

• Fires
• Tornadoes
• Water damage
• Theft and vandalism
• Hail (including coverage for business vehicles)
• Personal injury claims

Containing the Repercussions

When your insurance provider wrongly lets you down, the shockwaves can be felt throughout your business. The immediate affect could be a huge portion of your savings gone right out the window, making the future uncertain. As months go by, the damage to your property or your reputation in the event of a lawsuit, could spell reduced profits and, ultimately, business failure.

The first thing you should do to protect yourself and your business is retain the services of a trustworthy Houston insurance claims attorney. At Dick Law Firm, PLLC, we do nothing but handle insurance bad faith and related claims for the people of Texas, and we do it well. We have years of experience on our side and a long list of appreciative client testimonials to speak for us. Come see what we can do – just call 833-7RIGHTS today!