Facing commercial property damage can feel like a lot. Add in the complexity of deciding if legal action is necessary, and it’s easy to feel stuck.
Whether it’s an insurance dispute, a denied claim, or another issue, having clear legal advice on filing a lawsuit can make all the difference. This blog is here to guide you through how filing a lawsuit could protect your business. So, keep reading to find the answers you need!
Cases in Which Filing a Lawsuit is the Right Move
Sometimes, filing a lawsuit is necessary to protect your business. It’s about knowing when negotiations or claims are falling short in resolving commercial property damage. Here are some common scenarios where a lawsuit might be your best option.
- Insurance Claim Denial
Have you filed an insurance claim for commercial property damage only to be rejected? This could happen if your insurance company argues your policy doesn’t cover your losses. When this occurs, it’s worth exploring your next steps.
- Inadequate Insurance Settlement
Sometimes, insurance companies offer settlements that don’t fully cover the damage. You might have an insurance dispute if your payout doesn’t align with the actual costs to repair or replace the property. Filing a lawsuit could force the insurer to pay what was promised.
- Bad Faith Insurance Practices
Insurers cannot purposely delay claims, mislead policyholders, or unfairly deny coverage. These are examples of bad faith practices. If your insurance provider plays games, a lawsuit can hold them accountable.
An attorney experienced in insurance disputes can guide you through the process.
- Third-Party Negligence
If someone else’s actions caused the commercial property damage, you could file a lawsuit against them. For example, if a neighboring business caused a fire that damaged your property, you could recover your losses directly from them.
Take Action When It Matters with Our Help
Protecting your business sometimes requires filing a lawsuit. Knowing the signs—like denied claims, low settlements, or negligent parties—can help you decide when to act.
For insurance disputes or claims related to commercial property damage, Gibson Legal Group offers you the support you need. So, contact us today so we can support your legal claim.