Today’s
litigious society forces businesses and consumers to be proactive
in managing their liability risks and insuring against those
that cannot be managed. Being proactive in many cases means
hiring a law firm that can assist an individual or business
with structuring the policy in order to protect their best
interests and to assist with any contract negotiations needed
on the front end of the process.
Policy Structure
The area of insurance coverage and disputes encompasses handling of disputes related to defects in the construction, damage occurred due to molds and defects in the workmanship of the building or the products used in the building and many other variables that can be defined in the contract. Complex coverage issues like the application of various policy exclusions that limit the coverage for damages may also be part of the structure of the actual contract.
How Construction Insurance Works
Once you opt for construction insurance the law firm you are working with details the various terms and conditions and how they can work in your favor or against you. In case of a claim or dispute, your law firm will help you estimate the value of the claim and examine other alternative dispute remedial measures – claim avoidance strategies are also discussed. Once it is decided that making the claim would be worth the exercise your law firm work will work closely with you through the entire process of filing the claim and final resolution.
Hire an Experienced Law Firm
While handling insurance coverage disputes, good negotiation and debate skills are of prime importance – you want to select a law firm that has significant experience in real estate transactional law. A skilled attorney should be able to analyze the scenarios you are facing, clarify the issues of higher importance, have good mediating strategies and be able to flawlessly handle any/all legal issues that develop as a result of the disputes that may arise.
