Hurricane Sandy Insurance Claims
On October 29, 2012, superstorm Hurricane Sandy came ashore of New Jersey, pushing inland and bringing with it powerful winds and record storm surges. By the time the storm passed, it had littered the Northeast coast – from Long Island to New Jersey – with downed trees, damaged homes, destroyed infrastructure, and worse. The storm proved to be one of the most destructive natural disasters in the Northeast in a century.
In the wake of superstorm Sandy’s damage, thousands of people are continuing to get back on their feet, mending homes and businesses and coping with the financial realities of the rebuilding process. Property owners facing structural damage and businesses who accumulated tremendous negative margins continue to try and recoup their losses today.
One of the most important tools these business and property owners have at their disposal are the insurance policies many of them took out to compensate them for damage, business interruption, or other losses due to circumstances beyond their control. These policies can cover anything from damage from felled trees to missed sales during periods of power outage.
Is your insurance provider working for you?
However, many business owners who had the foresight to take precautions against these dangers have nonetheless been unable to recover fair settlements from their insurance providers.
Some business owners have been offered unfair payouts on their insurance policies, while some insurance providers have stonewalled policyholders altogether. Many insurance companies calculate claims using algorithms that inherently provide inadequate payouts, while inefficiency and high claim volume have hampered others.
If your insurance policy has paid out an unfair amount on your policy, you may be entitled to seek compensation by filing a lawsuit with Weitz & Luxenberg.
Property Damage claims can help property owners recoup expenses from repair costs and other losses incurred from wind-related damage. Felled trees, debris, and electrical malfunctions cost business and homeowners millions of dollars, and many of them are entitled to more than their insurance providers have paid them.
Business interruption and business loss claims can compel your insurance provider to pay appropriate amounts where your business was forced to close or otherwise lost profits as a result of damage, power outages, street closures, or other events associated with Hurricane Sandy.
Weitz & Luxenberg is in your corner
Our insurance claims lawyers are currently investigating the policies of various insurance providers in their dealing with Hurricane Sandy insurance claims. We have found that many policyholders have been inadequately reimbursed, and our lawyers have come to the front lines to correct the problem.
Property and business owners who paid to be protected from natural disasters deserve to be protected, and Weitz & Luxenberg will fight on your side to help them get what they deserve. If you or your business has suffered losses as a result of Hurricane Sandy and believe you have been inadequately reimbursed by your insurance provider, please contact our attorneys today to receive a free review of your case.
You can get in touch with our insurance claims lawyers by filling out the form on this page.
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