Severe tornados can damage vessels, overturn ships, and destroy marine property without warning. In the event of a tornado, marine business owners rely on their marine insurance to provide for their recovery in the aftermath. They are often dealing with extensive damages to ships and cargo and expose marine business owners to liability. While marine insurance policies may state that they cover tornado losses, some marine policyholders experience numerous difficulties in simply recovering the insurance payment they are owed, and it is sometimes necessary to get an experienced legal team involved in the recovery.
Misunderstandings and Mistakes Interfere With Successful Marine Tornado Insurance Claims
Insurance companies can be very exacting about the types of damages they cover after a tornado and how those losses are assessed. If a policyholder doesn’t fully understand the legal wording of a policy when applied to the reality of the losses experienced, it may be impossible to effectively present and prove the worth of those losses to the insurance company.
Additionally, the process of documenting and assessing marine losses can be fraught with difficulty, and it is very easy for policyholders to make common mistakes—whether small or large—that jeopardize their chances of a complete recovery.
Disputes With Insurance Companies Prevent Marine Policyholders From Obtaining Fair Recovery
Even when marine policyholders fully understand the coverage they carry and how to document their losses, disputes with the insurance company can arise. It is not unusual for marine insurers to unfairly delay, deny, or limit payment on marine tornado claims, and the owners of marine businesses may have to make careful decisions about how to proceed with a dispute.
In many cases, it is possible to fight for what you deserve from an insurance claim for tornado damage to ships, cargo, business operations, and equipment, but you may need experienced help from a professional legal team. Our tornado insurance claim lawyers have helped businesses, organizations, and individual policyholders across the nation recover from tornado losses and win in litigation with large insurers, and we would be happy to talk about and evaluate your marine tornado claim today. To get started, simply phone our office directly, or use the confidential contact form on this page to request more information.