At Smith Kendall, PLLC, our Texas hotel damage insurance claim attorneys have represented hotel owners who have experienced large property losses to their buildings and business personal property. In the event of a significant loss to their property, hotel insureds face not only the task of obtaining full payment from their insurance company for all insurance proceeds owed under the insurance policy for both the structure and business personal property, but also often must deal with a significant hotel business income loss or business interruption claim related to the property loss.
Typically, commercial or hotel insurance policies will provide for business income coverage during the period of restoration for the covered loss to the property. However, a hotel insured’s business income loss claim can be severely underpaid if the insurance company’s adjuster underestimates the scope or amount of loss. Likewise, even when the period of restoration (i.e., the time it takes to repair the covered damages) is agreed upon between the insurance company and the hotel insured, the method of calculating the amount owed for the business income loss portion of the claim can also often be in dispute. This is because insurance companies often retain accounting experts whose analysis and calculations may not align with a policyholder’s assessment of their losses. Therefore, it is essential that hotel owners feel confident that the insurance company is handling their property insurance claim competently and fairly.
The Texas hotel insurance claim attorneys at Smith Kendall, PLLC, are experienced in dealing with the insurance companies and their adjusters. Whether your hotel property loss claim needs a certified hygienist to assess the extent of water damage, a water damage restoration expert to properly address and remediate water and/or fire damages, a fire causation professional to assist with determining the cause of a fire, or a qualified certified professional accountant experienced in dealing with large hotel loss business income claims, the attorneys at Smith Kendall, PLLC, can help you make sure you get the coverage your entitled to under your insurance policy.
Hotels are large buildings and damage to critical systems can be costly to address. Many hotel insurance policies cover a wide range of these possible losses or damages, including:
Not receiving the insurance payment you need after a disaster on your property can lead to a complete loss of the business, which is what having hotel insurance is supposed to help you prevent. If your insurer is not behaving in good faith, our insurance lawyers may be able of assistance.
If your insurance company has delayed, denied or underpaid your hotel insurance claim, please call the Texas hotel damage insurance claim lawyers at (214) 361-6124 to discuss your claim.