Commercial Property Damage Insurance Claim

 

Do you have a commercial property damage insurance claim?

Commercial property damage claims usually involve multiple insurance companies and policies.

They are more complex and are usually larger claims than a residential claim

Commercial insurance policies tend to have customized sections and clauses based on the insured’s needs.

A commercial insurance claim could be for an individual, corporation, partnership, multiple entities and specific requirements based on their tenant leases.

With commercial property damage claims you could be dealing with the building, inventory, business personal property, business interruption, equipment breakdown or cyber liability.

Commercial documentation could involve financial records, inventory, equipment logs, and usually forensic accountants to determine lost income

 FREE REVIEW of your Commercial Property Damage Claim and your 

Commercial Insurance Policy!

Call New York Public Adjusters now at 1-646-657-1928 for help and questions!

New York Public Adjusters, as local New York City Public Adjusters, have over 40 years of combined experience handling all types of commercial property damage insurance claims both small and very large complex losses.

As New York Public Adjusters we never represent the insurance carrier we present the property owner or commercial tenants.

For New York State we can charge up to 12.5 percent, and it’s usually based on the size and complexity of the property damage claim

 

We conduct a full damage assessment of the commercial

property, documenting all damage with photos, video, and a detailed written inventory.

For complex commercial losses, we bring in contractors, engineers and forensic accountants.

 

We review your policy carefully analyzing the commercial policy, looking at

coverage limits, exclusions, deductibles, coinsurance clauses, and business interruption coverages.

Some of the key things That Make Commercial Claims Different than residential claims

 

   - Business interruption / loss of income coverage usually requires detailed

   financial analysis

   - Coinsurance penalties can significantly reduce payouts if the property

   is underinsured

   - We are dealing with multiple coverages including building, contents, equipment and potential, all of which need to be coordinated

   - As commercial property damage claim tends to have larger losses which can trigger more scrutiny from the insurer, with multiple management levels from the carrier reviewing and approving payouts.

  - If there are questionable items that are in dispute the carrier can ask for an examination under oath (EUO)

 

We are one of the best Public Adjusters in the New York City area significantly increasing your commercial property damage settlement. Our expertise is on large or complex losses where the insurer's adjuster will usually undervalue the commercial property damage claim.

FREE review of your Commercial Property Damage Claim, your policy and coverages.

New York Public Adjusters

246-07 Francis Lewis Blvd.

Rosedale NY 11422

Call us now at 1-646-657-1928 as your Commercial Public Adjusters!