What To Do When Your Theft Claim Is Denied
If you own a retail business, one of your worst fears is likely the prospect of opening the store to find that you have been the victim of theft. However, most owners of commercial property are prepared for these situations and are covered by their insurance company for loss of property due to theft. Unfortunately, it is all too common for insurance companies to balk at their responsibilities when a legitimate claim for arises.
If your insurance company is underpaying or denying your theft claim after your business has been burglarized, you have the right to challenge their decision with the help of an insurance bad faith attorney. The Dallas insurance attorneys of Grisham & Kendall, PLLC, have years of experience dealing with resistant insurance companies and are prepared to help you seek suitable benefits and compensation. Contact us at (713) 999-5085 today.
My wife and I thought we were heading into a complicated legal odyssey with a destroyed commercial property until we hired Bill Kendall. His sustained focus and hard work was so effective that we had a great settlement within hours of the first deposition.F. Jones - Commercial Claim (Dallas, TX)
Common Theft-Related Losses
When thieves strike a business, they may do so with or without knowledge of a store’s specific holdings. The contents of a retail store will vary according to the nature of the store, and so will the value of the items stolen. However, the following are common theft-related losses that likely ought to be compensable under your insurance:
- Broken glass or doors damaged in a break-in
- Cash from registers or safes
- Store inventory
- Office computers
- Equipment essential for the carrying out of business
Losses from theft can add up quickly, leaving you and your business in a dire financial situation. Do not allow an unscrupulous insurer to interfere with your business’s success.
If your commercial property has been burglarized or robbed and your insurance company has denied or underpaid your claim, do not hesitate to take action. Contact the Dallas theft attorneys of Grisham & Kendall, PLLC, by calling (713) 999-5085.