Tennessee Insurance Dispute Lawyers Handling Wildfire Damage
Protecting policyholders throughout the Southeast and Midwest when natural disasters strike
Wildfires don’t happen often, but when they do, it’s likely they’ll completely destroy your property and everything inside. As drought becomes more common in the central part of the country, it’s likely we’ll see more wildfires as the years go by.
At McWherter Scott & Bobbitt, our Tennessee-based insurance dispute lawyers help policyholders when their structures are destroyed by natural disasters. We work to obtain coverage for temporary lodging until your home or office can be rebuilt. If rebuilding is not feasible, we work to negotiate a just settlement for the value of your property. Our lawyers also work to compensate you for the damage to the contents of your home and buildings and for any related damages such as business interruption losses.
Common insurance coverage questions
- What immediate steps should you take after a wildfire? Local and federal officials should help guide you immediately after a wildfire. Inspectors and owners need to review whether they should turn off any electricity or water and what other safety precautions are necessary.
- Is your property covered? Wildfires may not be covered by your standard homeowners’ or commercial property insurance policy. Owners need to review this risk with their insurance agent when buying their other property coverages. The insurance carrier may either allow for an endorsement to cover wildfire damage or for a separate wildfire insurance policy.
- Should you rebuild or move? The initial decision to make is whether your home, office buildings, apartments, restaurants, or other structures can be saved. While repairing the structure is usually not practical, it may be possible to rebuild the property from scratch.
- What temporary payments are authorized? Whether you move or rebuild, families and workers will need to find temporary living and work arrangements until the rebuild takes place or until they can buy a new place.. Insurance companies should, generally, advance these sums while our Tennessee wildfire lawyers work to resolve the rest of your claim.
- What is the value of your contents? Insurance companies may argue that you should be paid less than is owed for your contents and other possessions. Our lawyers fight to get you the value that is owed under your insurance policy.
- What if the insurance company denies your claim? Our lawyers fight to hold the insurance company to its duty to negotiate in good faith. We contest any unlawful claims of exclusions or any efforts to wrongfully limit your claim.
In addition, for those companies or organizations with business interruption insurance, we work to properly assess and value all your losses including:
- Lost profits, lost revenue, and lost rentals
- Fixed expenses such as mortgages and utility expenses
- Restoration of your information technology services
- Payment to employees and staff while you rebuild or move
We also review all other policies that may provide coverage such as:
- Umbrella policies
- Excess coverage policies
- Comprehensive insurance policies