Did Your Business Suffer a Loss Exceeding Your Coverage Limit?

Last Updated on January 11, 2022

Investigation Complete

Comments |

At A Glance

This Alert Affects
Businesses with commercial property or liability insurance coverage.
Potentially, businesses which suffered a loss that exceeded the coverage limit shown in their insurance policy, and the insurance company therefore provided payment for only the coverage limit show in the policy, may have a claim for monetary damages.
All commercial insurance companies
Additional Details
Allegedly, property or liability insurers will adjust a claim by applying the coverage amount shown on the declarations page of the policy when they should, under the terms of the policy, be applying a higher coverage amount.