If you’ve had problems with your business that are covered by your business insurance, then you will need to make a claim. Unfortunately, small business insurance claims aren’t always simple, and insurance companies will often do everything in their power to avoid paying up.
It’s usually a good idea to hire an experienced commercial lawyer to help you put together complicated claims. However, there are a few other things that you can do to help maximise the chances of your claim being approved, including:
- Make Sure You Use A Good Lawyer
It’s absolutely essential to make sure that your company lawyer has experience in business insurance claims. If they don’t, then you might find that they aren’t able to maximise your chances of winning your claim.
I’d recommend doing your research carefully before hiring any lawyer. Make sure that they have a good reputation and a strong track record dealing with insurance claims.
- Make Sure You’re Familiar With Your Insurance Documents
It’s also very important to make sure that you’re 100% familiar with your insurance documents, otherwise you might not follow the right claims process.
For example, you should do everything in your power to make sure that you understand any exceptions and exclusions to your policy. Make sure that your circumstances don’t fall under one of these and, if they do, explain why they are special.
- Gather As Much Information As Possible
If your claim is related to some form of physical damage or another problem involving physical evidence, then it’s important to make sure that you gather as much information as you possibly can while the evidence is still available.
Remember, the more evidence you have, the better the chances of your claim being approved. Try and take photos, note down eyewitness reports, and above all, get statements from the police and other relevant authorities if possible.
- Make Sure You Have The Relevant Documents
Usually, insurance claims are surrounded by complicated documentation and claims processes. It’s important to do whatever you can to make sure that you have the relevant documents available when they’re needed.
Once again, I’d recommend speaking with your local commercial law team to make sure that you’ve got everything in order on this front.
- Choose A Reliable Insurance Provider To Start With
Unfortunately, not all insurance providers are equal. Some are a lot more reliable than others, and some are downright crooked. It’s very important to make sure that you’re using a reliable provider from the beginning, otherwise you will probably run into problems when you go to make a claim.
When you’re choosing your business insurance provider, make sure that you look at their reputation. Speak with other people who have used them, and pay careful attention to their claims processes and what they cover.
Final Word
All things considered, making a business insurance claim shouldn’t be too hard. Sure, it can be frustrating to have to work through all the necessary steps, but it’s possible.
As long as you speak with your commercial lawyer, make sure that you submit all of the relevant documents, and make sure that the thing you’re claiming is actually covered, then you should be fine.