Hurricane Milton left behind widespread devastation for both residential and commercial properties. For business owners, recovering from the storm has been especially challenging, as insurance claims have moved at a frustratingly slow pace.
With only 28% of Hurricane Milton commercial property claims closed, many business owners are left wondering how to move forward. If your claim is delayed, denied, or underpaid, there are steps you can take to fight back.
Hurricane Milton Commercial Property Claim Statistics
The data surrounding Hurricane Milton commercial claims paints a troubling picture for Florida businesses:
- 14,860 commercial property claims have been reported.
- Only 1,354 claims have been closed with payment.
- 2,931 claims have been closed without payment.
- A staggering 9,726 claims remain open without payment.
These numbers highlight the inefficiency and roadblocks many business owners face when dealing with insurance companies after a natural disaster.
849 commercial property Milton claims are open with payment compared to 9,726 claims open without payment.
For commercial property claimants, common issues that may result in a claim being delayed, denied, or underpaid include:
- Incomplete Inspections: Insurers may conduct quick inspections that fail to document the full extent of the damage.
- Disputes Over Policy Coverage: Complexities in commercial insurance policies can lead to disagreements about what is covered.
- Underestimated Repair Costs: Insurance adjusters may undervalue the cost of repairing or rebuilding your business.
- Deliberate Delays: Some insurers use delay tactics, hoping policyholders will give up or accept lower payouts.
What Can You Do If Your Hurricane Milton Commercial Property Claim Is delayed?
If you’re one of the thousands of business owners struggling with an open or denied claim, you have options. Here’s what you can do:
- Hire a Property Damage Attorney: Working with an experienced attorney, like the team at Gelber Law Group, can make a significant difference. Attorneys can analyze your policy, negotiate on your behalf, and even take your case to court if necessary.
- Submit Additional Evidence: Gather photos, videos, repair estimates, and any documentation that supports your claim. Strong evidence can strengthen your case and push your claim forward.
- Challenge Denials: If your claim has been denied, don’t accept it as final. Many denials stem from misinterpretations of policy language or incomplete documentation, both of which can be addressed with Gelber Law Group by your side.
How Gelber Law Group Can Help push your commercial claim forward
At Gelber Law Group, we know how to handle complex Hurricane Milton commercial property claims. Our experienced legal team is ready to help business owners navigate the challenges of dealing with insurance companies. Here’s how we can support you:
- Thorough Policy Review: We analyze every detail of your policy to ensure all covered damages are accounted for.
- Comprehensive Documentation: Our team works with professionals to document every aspect of your property damage.
- Aggressive Negotiation: We advocate on your behalf to secure the compensation you need to restore your business.
- Litigation Support: If negotiations fail, we’re prepared to take your case to court to fight for your rights.
The Importance of Acting Quickly
With thousands of claims still unresolved, it’s crucial to act promptly. Insurance companies have deadlines, and failing to meet them can jeopardize your claim. By seeking legal help early in the process, you can build a strong foundation and avoid costly delays.
We will fight for your Hurricane Milton Commercial Property Claim to be paid.
Dealing with an insurance company after a natural disaster can feel like an uphill battle, especially for business owners trying to rebuild and reopen. If your claim has been delayed, denied, or underpaid, Gelber Law Group is here to help. Our team has the experience and dedication needed to hold insurers accountable and secure the compensation you deserve.
Contact Gelber Law Group today to discuss your Hurricane Milton commercial property claim. Let us help you get your claim back on track and your business running smoothly again.
Fill out our contact form, or call us at 954-320-0100.