Things to Avoid Doing After the Bastrop FireDo not stop paying your insurance premiums during this time, as that is the worst possible thing you can do. Additionally, doing nothing after the fire has damaged your business or commercial property can also hurt you in the long run. Because fire damage can destroy your building’s structure, causing your business to close or temporarily relocate, a business will have many additional expenses including:
- Business interruption
- Relocation costs
- Loss of inventory
- Loss of profits
- and much more
That is why commercial businesses need to act aggressively and quickly after a fire. However, although it is wise to start working on your Texas commercial property claim right away, make sure you do not rush to accept the insurance adjuster’s first offer or a settlement that is ridiculously low. Additionally, do not rely on the insurance adjuster as your only source of information. This person will seem to be on your side, but his or her goal is to keep payouts low.
Most Important Thing to Do After a Commercial Fire in TexasBecause insurance policies can be confusing and insurance adjusters only give you one side of the story, the best thing to do after a fire damages your commercial building, store or other business is to talk with an experienced Texas commercial insurance litigation lawyer. Skilled commercial insurance claim attorneys know how to read your insurance policy and hold insurance companies accountable.
Contact the Voss Law Firm to speak with a knowledgeable insurance litigation lawyer at 888-614-7730 for a free legal consultation today. Also, download your FREE copy of attorney Bill Voss’ book: Disputes With Your Insurance Company – What All Consumers Need to Know.