One of the most important types of protection any business owner in Jacksonville can have is a comprehensive policy to cover their company. With the risk of property damage looming overhead, the right coverage can make it easier for them to sleep at night. As important as it is to have an active policy, it is equally important for business owners to be aware of the common issues they may encounter when they submit claims.
It is an easy accident to picture. For some reason, a building collapses. A home, rental complex or business simply collapses. "No worries," the owner thinks, "I've got insurance."
If you get a denial from a homeowners insurance claim, you might want to call your agent and chew them out or even worse. Do not take a denial personally. It was a business decision by the insurance company. You have to approach the denial with a different attitude.
When it comes to bad faith insurance settlements, many people in Jacksonville wonder whether these settlements can be taxed by the IRS. This can be a complex question to answer, due to the many variables involved in bad faith insurance litigation and other associated factors.