14
Nov
2008

Tips For Avoiding An Insurance Coverage Catastrophe After A Hurricane Loss

Corporate Counsel

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PUBLISHED ON: November 14, 2008

Weeks after Hurricane Ike, a Texas sized Category 2 storm that ripped through the Gulf of Mexico, Galveston and Houston, businesses are still shut down and operations are only slowly being restored. The last thing they need is a prolonged and difficult fight with their insurance companies in order to recover for the property loss, business income loss and extra expense they have suffered. Yet, if the experience of policyholders after Hurricanes Katrina and Rita is any guide, businesses will have to be proactive and vigilant if they are to successfully resolve their insurance claims anytime soon. The following tips can greatly enhance their chances of success.