What To Do When Your Theft Claim Is Denied
For retail business owners, few things are more devastating than arriving at your store only to discover a break-in or theft has occurred. Fortunately, most commercial property owners carry insurance policies designed to cover losses from burglary, vandalism, or other forms of commercial theft. But when your claim is unfairly delayed, underpaid, or denied altogether, it can feel like you’re being victimized a second time—this time by your insurer.
If your commercial property theft claim has been denied or undervalued, it’s important to take action. Insurance companies often attempt to minimize payouts, dispute the value of stolen items, or allege policy violations. That’s where an experienced insurance bad faith attorney can help. At Grisham & Kendall, PLLC, our Dallas commercial theft insurance lawyers understand how to fight back against bad faith practices and help business owners recover the full compensation they’re owed.
Don’t let an insurance denial jeopardize your livelihood. Contact our team today at (713) 999-5085 for a free consultation and learn how we can help you hold your insurer accountable.
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 – Multi-Family Property Claim (Dallas, TX)
Our large hotel was severely damaged by hail. After significant delays by the insurance company, our claim was denied. We hired Bill Kendall and Grisham & Kendall soon after. Through Bill’s efforts during our lawsuit, we were able to reach a favorable settlement close to trial. We would certainly recommend Grisham & Kendall, PLLC to any property owner whose insurance company isn’t treating them fairly.
D. Patel – Hotel Hail ClaimCommon 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 losses typically covered under commercial property insurance theft policies:
- 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 of business property can quickly add up, putting your business in a dire financial situation. Don’t let an unscrupulous insurer interfere with your success.
Does Commercial Property Insurance Cover Theft?
Yes, most commercial property insurance policies do cover theft-related losses. This typically includes protection against burglary, vandalism, and employee theft involving inventory, equipment, or cash. However, not all policies are created equal—coverage details often vary depending on your insurer, endorsements, exclusions, and policy limits. Business owners should carefully review their insurance agreements and consult a knowledgeable attorney if a theft claim is denied, delayed, or underpaid.
What is Commercial Theft?
Commercial theft refers to the unauthorized taking of business property, resulting in financial loss. This can include break-ins, shoplifting, embezzlement, internal employee theft, or theft of high-value assets such as electronics or tools. Whether the theft occurs during business hours or after closing, these incidents can severely impact daily operations and revenue.
Contact Us
If your commercial property has been burglarized or robbed and your insurance company has denied or underpaid your commercial property theft claim, do not hesitate to take action. Contact the Dallas theft attorneys of Grisham & Kendall, PLLC, by calling (713) 999-5085.
