Chapel Hill Commercial Property Damage Lawyer

When the unexpected occurs and damages your commercial property, the impacts can disrupt operations and threaten your business’s future. At Whitley Law Firm, our Chapel Hill commercial property damage lawyers have been fiercely advocating for North Carolina companies since 1974. 

We understand the overwhelming challenges of repair costs, lost productivity, and potential liability exposure from the injuries involved. Let our Chapel Hill personal injury lawyers provide the comprehensive legal guidance you need to protect your rights and maximize your recovery from the insurance company. 

Our attorneys conduct exhaustive investigations, handle negotiations and litigation if needed, and pursue all available avenues to get your business back on track as quickly as possible.

What does Commercial Property Damage Insurance Cover?

Every policy is different. However, commercial property damage insurance typically covers the following:

• Building Structure: Repairs or replacement costs for damage to the physical building(s) from covered perils like fire, wind, hail, fallen trees, etc.
• Business Property: Costs to repair or replace furniture, equipment, inventory, and other contents within the building that are damaged or destroyed.
• Loss of Income/Business Interruption: Reimbursement for loss of revenue and operating expenses if your business has to temporarily cease or curtail operations due to an insured property loss.
• Building Code Upgrade Costs: Additional expenses to rebuild or repair the property to comply with current building codes and ordinances.
• Removal of Debris: Fees for clearing away debris and wreckage after a covered loss occurs.
• Temporary Relocation Expenses: Costs for relocating to a temporary space and paying rent, utility installation, etc., while repairs are made.

Your business liability coverage typically covers injuries caused by accidents that led to commercial property damage. Our lawyers will review the terms of your policies and pursue all available avenues of compensation to ensure your business and those who were hurt are fully compensated.

How Can a Commercial Property Damage Lawyer Help Me With My Claim?

A commercial property damage lawyer can provide invaluable assistance with your claim in several ways:

• Conduct a thorough investigation to document all damages and gather evidence of liability
• Review your policy to ensure all applicable coverages are being properly invoked
• Handle negotiations with the insurance company to maximize your compensation
• Prepare and file court litigation if the insurer underpays or denies your claim
• Calculate your total losses, including business interruption, relocation costs, code upgrades, etc.
• Represent your interests and fight for a fair settlement or court award

With extensive legal experience, our skilled property damage attorneys safeguard your rights and pursue the full insurance benefits you are entitled to receive.

Chapel Hill Commercial Property Damage Lawyer Near Me (800)785-5000

When Should I File a Commercial Property Damage Claim?

Here are some key times when you should consider filing a commercial property damage insurance claim:

As Soon as Possible After the Incident

It’s generally advisable to file a claim with your commercial property insurance company as soon as possible after the damage occurs. Most policies require prompt notification of losses. Giving timely notice allows the insurer to inspect the damage and begin their claims process.

Before Making Permanent Repairs

While you may need to make temporary repairs for safety, avoid making permanent fixes until your insurance adjuster has documented the damage. Filing the claim first ensures the adjuster can fully assess the scope of the loss before repairs are made.

When There Are Signs of Hidden Damage

Things like water leaks or impacts can sometimes reveal further hidden damage to the structure, electrical, plumbing, etc., once repairs begin. File a claim if you discover additional problems to make sure they are documented for coverage.

After Consulting an Attorney

An experienced Chapel Hill commercial property damage lawyer can evaluate your specific situation and advise if you have a viable claim worth pursuing against your insurer or liable third parties.

We can handle the filing of your insurance claim, deal with the insurance companies and opposing parties, and fight to ensure you’re treated fairly.

If the Insurer Denies Full Coverage

If you feel your commercial property damage claim was improperly undervalued or denied coverage, you may need to officially file a claim and possibly file litigation with the assistance of an experienced property damage attorney to recover rightful compensation.

The key is acting quickly anytime you discover damage to your business property caused by an insured event like a fire, storm, pipe burst, or other incident. Prompt reporting starts the claims process to secure the insurance benefits for which you pay premiums.

Causes of Property Damage

Our Chapel Hill commercial property attorneys have helped business owners recover from just about every imaginable circumstance. Here are some typical examples: 

• Fires
• Explosions
• Natural disasters, weather events
• Water leaks
• Vehicle incidents impacting the property
• Construction defects
• Structural or roof collapse

Contact a Chapel Hill Commercial Property Damage Law Firm Today

Commercial property damage can be devastating, but you don’t have to face the aftermath alone. At Whitley Law Firm, our Chapel Hill attorneys understand the immense stress and uncertainty these situations create for business owners. 

That’s why we are here to provide unwavering support, compassionate guidance, and aggressive advocacy every step of the way. 

 We’ve helped innumerable North Carolina companies rebuild and recover, and we’re ready to fight for your rights too. Don’t let property damage jeopardize your livelihood – contact us today for a free consultation on securing the justice and fair outcome you need to move forward.