Recovering Lost Income for Condominium Associations

The damages caused to structures up and down the eastern seaboard left many businesses incapable of reopening for business while repairs were made for an extended period of time. As such, businesses like condominium associations were left without any way to generate income until the necessary repairs were completed and the affected properties were reopened.

While many property management companies expected their insurance providers to honor their commitment and cover any lost income, many insurance companies have been slow to do so and others have refused to do so altogether.

Damages that Prevented Businesses from Reopening

In the aftermath of a hurricane, many businesses were left without the means to reopen and, thereby, to generate income until repairs were completed in regards to the following:

  • Any damage to a structure’s roof
  • Any damages to a structure’s foundation
  • Any water damage to a structure
  • Any fire damage to structures or property
  • Any other storm damage to structures or property

Our legal team will do everything they possibly can to help you protect your rights under the exact terms of your policy agreement.

Consult with an Insurance Claims Attorney

As the insurance claims attorneys at Williams Hart know from our other clients, the financial hardships many condominium associations have been forced to deal with may be devastating without the help of their insurance providers. To discuss the particulars of your circumstances with one of our insurance claims attorneys, please call our offices at (713) 352-0031 today.

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