Evan W. Granowitz of CA: Common reasons behind insurance disputes

Evan W. Granowitz of CA is known for his proficiency in handling cases about insurance coverage. This blog will talk about commercial insurance, what aspects it covers, and why disputes occur.

Evan Granowitz. Image credit: whaleniplaw.com

Commercial insurance often involves property insurance, liability insurance, and worker’s compensation insurance.

Property insurance. This type of insurance pays for the businesses’ property losses or damages when accidents such as fire incidents or other calamities occur. Based on the businesses’ needs, owners may decide to acquire additional coverage for this type of insurance including:

• Boiler and machinery insurance
• Debris removal insurance
• Business interruption insurance
• Crime insurance

Liability insurance. This answers to the injuries that businesses cause to third parties. One of the basic cases that lawyers like Evan W. Granowitz of CA-based firm Wolf Group L.A. handle under this policy is medical malpractice where doctors can be sued by their patients if they make a mistake with their diagnosis or in carrying out a particular medical procedure. Once the claim has been proven, the insurance may help settle the litigation.

Workers’ compensation insurance. This policy protects or assists employees should they acquire on-the-job injuries.

Evan Granowitz. Image credit: quickenloans.com

As with every agreement, insurance policies are also susceptible to mistakes or discrepancies. BusinessInsurance.com shares the common causes of commercial insurance disputes which include:

1. Communication deficiencies. Experts, like Evan Granowitz of CA, emphasize the importance of regular communication between the policyholder and insurer because it’s one of the basic causes of disputes in terms of insurance coverage.

2. Coverage limits and exclusions. This may involve conflicting interpretations of the contract, actual coverage of the insurance, and lack of clarity on the terms and conditions.

3. Loss assessments. This usually involves the contrasting value of projected and incurred losses.

To read more about insurance-related topics, visit this blog for Evan Granowitz of CA.

Evan Granowitz. Image credit: wolfgroupla.com