There are many reasons why a construction company would need to hire an attorney to fight insurance companies who are attempting to withhold benefits or payments for an accident that has occurred on the property of the construction company. There are many reasons for this, which are enumerated below.
To whit, a construction company files for a grievance act. Perhaps there was vandalism on the property. Perhaps there was damage to construction materials, such as the cranes and the walls and the flooring. Perhaps there was graffiti written on the walls of the construction site.
The construction company needs reimbursement for that. There was damage done and the company deserves the money that the company had signed the insurance policy for. But sometimes that just doesn’t happen. Sometimes the construction company decides to withdraw the policy or feel like the accident doesn’t warrant the benefits the company has paid for.
This is incorrect and there are many court cases to prove this. Here are the following court cases and general statistics about builder’s insurance that have been handled in arbitration or in the court room to decide cases where there has been an agreement broken at the hands of the insurance company against the construction company.
There are many reasons why this can occur. An insurance company may just feel like they are not obligated to honor the terms of the insurance agreement between the insurance company and the construction company. They may feel like the damage doesn’t “qualify” under the terms of the policy.
Some insurance providers are dubious individuals who feel like they can “pull the wool” over someone’s eyes and take advantage of them repeatedly. That’s just the way some people in the insurance world are. There are other statistics as well to show how important it is to have builder’s insurance and how important it is to construction companies.
There are many terms associated with this as well. There are questions such as When Do I Need to Hire a Lawyer, When to Hire a Commercial Real Estate Attorney, When to Make an Appeal, What Does An Employment Law Attorney Do, as well as terms like litigation attorney, lawyers for construction companies, law firm, lawyer, labor law, and more.
Lawyers for construction companies handle litigation relating to issues for construction companies, often on the sites of construction. These lawyers handle issues like when an insurance company foregoes the terms in Builder’s Risk Insurance policies. Lawyers for construction companies handle different claims similar to that matter.
Lawyers for construction companies advocate for the needs of the construction companies by filing litigation, representing them in court and in arbitration, and more. Lawyers for construction companies help those who are being taken advantage of by individuals in the insurance company category. They help those who are in need.