Blog Posts in February, 2023

• Posted By Dick Law Firm 28-Feb-2023

  Common Reasons Why Claims For Vandalism Are Turned Down

  Some vandalism claims are refused despite the scope of potential commercial property insurance coverage for certain acts of vandalism. In many instances, this boils down to insurance companies seeking certain guarantees from business owners to reduce ...

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• Posted By Dick Law Firm 28-Feb-2023

  Does Homeowners Insurance Cover Toys?

  Most homeowners and renters have some type of insurance. We like knowing that our property will be replaced in the event of a natural calamity. However, homeowner's insurance protects only every day, easily replaceable personal belongings. Your ...

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• Posted By Dick Law Firm 27-Feb-2023

  The Most Common Reasons Commercial Insurance Claims Are Denied

  A claim for commercial property insurance should be filed if a business is damaged by a fire, tornado, hail, wind, or other occurrences. Commercial property insurance aids in the recovery of a company's physical property, as well as its contents, ...

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• Posted By Dick Law Firm 27-Feb-2023

  When Should You Hire A Property Damage Lawyer?

  The hazard posed by natural disasters is becoming an increasing concern for property owners worldwide. In addition, theft and vandalism can pose risks to commercial property. Typically, a property damage claim for damage to a building may also ...

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• Posted By Dick Law Firm 26-Feb-2023

  Does Business Insurance Cover Vandalism?

  Businesses are susceptible to vandalism at any moment. While some natural disasters and extreme weather occurrences can be predicted in order to plan for potential property damage, vandalism is typically completely random. Due to the unpredictability ...

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• Posted By Dick Law Firm 26-Feb-2023

  What Kinds of Insurance Should Independent Contractors Have?

  Whether you are a specialist or provide general contracting services, it is essential to safeguard yourself and your organization with the appropriate insurance. There are numerous policies and coverages available. It can get difficult to determine ...

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• Posted By Dick Law Firm 25-Feb-2023

  Does Business Insurance Protect Against Fire Damage?

  One of the most prevalent sources of damage to business property is fire. According to the National Fire Protection Association or NFPA, fire departments across the nation will react to an anticipated 1.4 million fires causing $21.9 billion in ...

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• Posted By Dick Law Firm 25-Feb-2023

  What's the Best Commercial Property Insurance for Vacant Buildings?

  Extended periods of time without occupants can increase the risk of fire, vandalism, and other dangers for commercial properties. Because of this, many carriers will insert terms that restrict the amount of commercial building insurance coverage ...

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• Posted By Dick Law Firm 24-Feb-2023

  What Should I Do If My Property Insurance Claim Has Been Denied?

  Commercial property insurance provides coverage for the physical location and goods of a firm against incidents that could result in severe financial losses. This policy protects the insured business against theft, vandalism, water and fire damage, ...

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• Posted By Dick Law Firm 24-Feb-2023

  Insurance for Commercial Property for Renters vs. Owners

  Another important consideration to take into account is whether or not you own the building (or buildings) in which your company is housed. Suppose you are, in fact, the owner of the property. In that case, it is only reasonable that you would want ...

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• Posted By Dick Law Firm 23-Feb-2023

  Does Business Property Insurance Cover A Collapsed Roof?

  Each year, all property kinds experience some form of harm. Whether the harm is immediate or accumulates over time, it can rapidly become problematic. This is especially true when examining occurrences of commercial roof collapse. It may appear that ...

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• Posted By Dick Law Firm 23-Feb-2023

  How Long Does It Take to Get an Insurance Appraisal?

  Despite the fact that many commercial property owners would prefer a straightforward insurance claims process, this is frequently not the case. Claims for property damage insurance are frequently complex, and policyholders can be readily taken ...

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• Posted By Dick Law Firm 22-Feb-2023

  What Are the Most Common Roof Damage Causes?

  When operating a business property, owners must be aware of the possibility of harm. Any type of property will sustain damage over the course of its useful life, which can cause significant problems for owners. Particularly problematic are roof ...

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• Posted By Dick Law Firm 22-Feb-2023

  Commercial Umbrella Insurance vs. Commercial Property Insurance

  Before opening their doors, business owners must evaluate a variety of coverage alternatives, including commercial umbrella insurance. However, it is crucial to understand the distinctions between commercial umbrella insurance and commercial property ...

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• Posted By Dick Law Firm 21-Feb-2023

  Filing A Commercial Property Damage Insurance Claim For Hail Damage To Your Roof

  Hail has proven to be a formidable threat to commercial property owners in Texas. According to the Insurance Information Institute (III), more than 1.5 million Texas houses sustained hail damage in 2021. This accounted for approximately a quarter of ...

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• Posted By Dick Law Firm 21-Feb-2023

  What Is Covered By Homeowner's Insurance During A Power Outage?

  Here is what is and is not covered by your homeowner's insurance if you file a claim for the power outage. Your coverage will depend on the specifics of your policy. Frozen Pipes During a Power Outage Extreme weather and power outages can cause ...

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• Posted By Dick Law Firm 21-Feb-2023

  What is Business Umbrella Insurance?

  Commercial umbrella insurance provides additional liability protection by paying costs that may exceed the coverage limitations of existing liability policies. This type of coverage complements other forms of commercial liability insurance by kicking ...

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• Posted By Dick Law Firm 20-Feb-2023

  What Happens If an Insurance Claim Is Arbitrated?

  There are numerous grounds for disputing the outcome of an insurance claim. In most cases, claim disputes arise because the awarded amount is significantly lower than it should be or a genuine claim is refused. The longer a commercial property is ...

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• Posted By Dick Law Firm 20-Feb-2023

  How Are Rates For Commercial Property Insurance Determined?

  Typically, insurance premiums, or the amount of money a business owner pays for a policy, are calculated by multiplying the value of the property and its contents by a risk-adjusted value determined by the insurer. Compared to homes with a lower ...

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• Posted By Dick Law Firm 19-Feb-2023

  What Are the Difference Between Commercial and Home Insurance?

  Generally, insurance policies are utilized for safeguarding a range of assets against specific dangers. Although one may be familiar with their homeowner's policy, it is essential to realize that not all insurance policies contain the same ...

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• Posted By Dick Law Firm 18-Feb-2023

  What Does Business Insurance Not Cover?

  All businesses, regardless of size, require liability insurance. Smart business owners are aware that investing in proper and appropriate insurance decreases their risk. Priceless is the feeling of confidence and security that business owners obtain ...

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• Posted By Dick Law Firm 17-Feb-2023

  Understanding Roof Damage Claims for Your Business

  Depending on the amount of damage, a damaged roof on a commercial facility can necessitate expensive repairs and result in a potential loss of revenue. Roofing systems are a significant investment for business owners, which makes any damage extremely ...

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• Posted By Dick Law Firm 16-Feb-2023

  Why Your Business Insurance Is Essential During A Recession

  The epidemic of COVID-19 has slowed economic activity. Have you responded by reducing expenditures? If so, be wary about eliminating necessary insurance coverage. Has your income decreased so you cannot pay your bills? Are you burning through your ...

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• Posted By Dick Law Firm 15-Feb-2023

  What Will Happen If I Don't Have Renter's Insurance?

  This is one of tenants' most often asked questions over the years. Most renters, especially first-time renters, need to be made aware of the potential consequences of not having renters insurance. Just about 37% of renters have renters insurance, ...

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• Posted By Dick Law Firm 14-Feb-2023

  Update Your Homeowner's Insurance Coverage for the New Year

  Whether you're looking to start a business or train for a complete marathon, the new year is an excellent opportunity to establish objectives! And although you may be focused on addressing your new challenges, the new year can also be an ...

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