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Commercial Insurance Claims for Collapse Damage

What if a sudden winter storm overwhelmed your building’s rooftop and caused it to collapse? Or hidden components within your building’s walls warped and weakened it over time to the brink of destruction? If your commercial property suffers a structural collapse, it does not also have to bring down your business.

When handling your collapse damage insurance claim, keep in mind that collapse can be interpreted in different ways. Recover all that you’re entitled to with help from our professional public adjusters!

What is your insurance coverage for collapse claims? As a business owner, a roof collapse can be devastating for your business and can lead to additional costs that you may be unaware of while filing your insurance claim.

In most cases, collapse is already built into your commercial property insurance policy because it can happen to you regardless of where your business is located. In the North, winter storm damage to your building may cause a roof collapse. In the South, air conditioning units on the top of your building may weigh down and weaken the roof to the point of collapse.

Is the damage partial or total? Your insurance company’s team will have their own interpretation about the extent of the property damage and what is covered in your commercial insurance policy. Who is on your team working to protect your interests? Our experts have the experience and resources to evaluate and document your damage in detail and negotiate your claim for the maximum amount. With offices in Honolulu, HI, Portland, OR, Provo, UT, and throughout the U.S., we proactively handle the insurance claims process for business owners in Hawaii, Oregon, Utah, and across the country. We help them recover more, sooner. Because when your business is at stake, you deserve to rebuild and continue operations as quickly as possible.

What To Focus On After Collapse Damage

Make sure you fully understand the meaning of each of the following before you move forward. Feel free to reach out to us for a no-cost discussion about your claim.
  • What is my agent or broker’s role?
  • How do I keep my employees?
  • How do I keep my customers?
  • Why is a claim strategy so important?
  • Am I impacted by coinsurance?
  • What do I need to know about the insurance company’s adjuster and experts?
  • Am I entitled to an advance from the insurance company? What is reasonable?
  • What does it mean when the insurance company recommends a preferred vendor? Who will this vendor actually be working for?
  • Contractors may tell you they can do what public adjusters can do. Can they really? What is their background and education in insurance? Are they licensed and bonded? In many states, like California, it’s against the law to practice without a license!
  • The policy says it is your responsibility to submit a reconstruction estimate. Why would the insurer want to do it for you?
  • What is the difference between functional replacement and true replacement cost coverage and why should you care?
  • How is actual cash value det