Insurance Claim Representation for Tennessee Commercial Property Owners and Tenants
Helping businesses get full compensation for their losses throughout the Southeast and Midwest
Businesses of every type have a special urgency when they suffer damage to their property or operations. In addition to needing prompt payment for structural and property damage, equipment and professional tools usually need to be repaired or replaced. Inventory will often need to be reproduced or replaced. Customer lists may need to be regenerated. Delays in reopening can cost an organization dearly, from income to customer goodwill. What businesses need most is for insurance companies to honor their policies and make prompt and full payment for the value of the covered loss – on time and without a fight.
The commercial insurance dispute lawyers at McWherter Scott & Bobbitt have more than three decades of combined experience advocating for policyholders in Tennessee and throughout the Southeast and Midwest who suffer commercial losses. We understand how to prove why your claim should be covered by your commercial insurance policy and ensure you receive payment for your damages. Our Tennessee-based lawyers work with experts to make sure all property and business losses are valued properly.
Common commercial property damage claims across the Southeast and Midwest
Commercial business insurance policies should cover things like:
- Structural improvements
- Investment properties
- Business income loss
Commercial property damage claims include some of the same principles as residential property damage claims. Other insurance policy claims, however, are unique to the commercial sector. Our Tennessee insurance attorneys have the skills to get just compensation for all types of commercial insurance claims. We work with experts in a broad range of commercial services and business sectors.
Commercial property insurance and exclusions – what you should know
Commercial property is generally and expensive investment. For many small business owners, their property may be their biggest investment and policy coverage protects that investment. Unfortunately, exclusions in your policy may take you by surprise. When you purchase a building, you must purchase an insurance policy that fits your needs and understand what is and is not covered in that policy.
Your policy may not cover you for:
- Previously damaged areas
- Wear and tear
- Animal damage
- Electronic data breaches
- Damage to the land
It is possible to purchase additional coverage for your property, and your agent should explain clearly and carefully what types of coverage you need and what you are buying. Before you buy any commercial property insurance, you should sit down with your agent to ensure that your policy is sound.