Handling Denied Insurance Claims For Commercial Property

Commercial property insurance is intended to cover any damage to the buildings or properties owned by your business. In Oklahoma and surrounding states, such insurance coverage is critical. This area of the country is particularly susceptible to tornadoes, hail and other storm-related damage. In addition, fire and smoke damage is an ever-present threat for nearly every property owner.

If your property was damaged yet your insurance company denied the claim, turn to Mansell, Engel & Cole. With more than 100 years of combined experience, our attorneys have the knowledge and resources to go head-to-head with the nation's most imposing insurance companies. In fact, our firm obtained the largest jury verdict in Oklahoma history for a case involving the bad faith of an insurance company.

Combating Alleged 'Deterioration' And Other Loopholes

The majority of all commercial property claims involve roof damage. In these situations, the insurance company's most common defense is to blame the damage on deterioration that already existed in the roof. It often alleges that due to the age of the shingles or other materials, the roof was already breaking down, and the storm only revealed the weakness that was already there. The insurance carrier uses this "deterioration" loophole in an attempt to avoid paying out policy benefits.

Nevertheless, our firm has successfully argued that whether insurance companies choose to insure a new roof or an old one, they still owe the full amount necessary to restore whatever storm damage occurred. If it was insuring a 20-year-old roof, the insurance company cannot use the fact that the roof was two decades old as an excuse to deny the claim.

Advocating For Clients In Business Interruption Claims

Many commercial property insurance policies include business interruption coverage. This means that if a storm, water leak, fire or other covered incident interferes with your ability to conduct business, you can seek benefits to compensate for your:

  • Lost revenue
  • Continued operating expenses
  • Costs associated with temporarily relocating operations
  • Other expenses incurred as a result of the interruption

Consult The Insurance Lawyers Of Mansell, Engel & Cole

We offer a free case evaluation to both prospective clients and other lawyers seeking co-counsel on their cases. Contact Mansell, Engel & Cole at 405-212-5921 or by emailing our Oklahoma City office. Because we charge contingency fees, we only get paid if we are successful.