Commercial Insurance Claims for Hail Damage

Hail damage can often be missed and then lead to serious damage to your property. A delay in filing your commercial insurance claim for hail damage can become a hurdle in getting the optimum insurance recovery for your business. We can help.
Hail causes an average of nearly $1.3 billion in property damage each year, plus tens of millions of dollars in crop damage.

Usually, the most costly hail damage occurs on the roof of your building, but depending on the type of roof, the extent of the property damage can go undetected or be difficult to measure. If not identified and dealt with promptly, subsequent damage can occur later, such as water damage and potential structural damages extending from that.

Hail damage can also impact windows, doors, air conditioning units, landscaping, and vehicles. Our public adjusters understand the full scope of the hail damage and will work with you to evaluate and document your property damage in detail to negotiate a claim with your insurance company that will get you what your business needs in order to recover.

What To Focus On After Hail Damage

Make sure you fully understand the meaning of each of the following before you move forward. Feel free to reach out to us for a no-cost discussion about your claim.
  • What is my agent/broker’s role? Will his/her role be active or passive? When faced with supporting your position or the insurance company’s, where will he/she stand?
  • The insurance company hired a construction estimator. What do I need to know?
  • Loss of Appearance allowances. Are they covered?
  • Why is a claim strategy so important?
  • Am I impacted by coinsurance?
  • Prompt inspection and documentation by YOUR experts is key.
  • How is hail damage determined/identified?
  • Can there be damage to the roof without any visible damage?
  • Air conditioning units: repair vs. replacement. Can repaired units have the same efficiency?
  • Chipped roof tiles. Do they need to be replaced?
  • Value engineering a different roof covering vs. paying for what was actually damaged. Is that a good strategy?
  • Do you have to accept a settlement that leaves you with dented property?
  • Exterior paint. Requirements/protocols regarding matching all sides.
  • Is there coinsurance in your policy? Properly managing coinsurance requirements can prevent financial disaster. Not properly managing coinsurance requirements can put you out of business! If there is, what does it mean? If there is, did your insurance adjuster explain it to you? How is coinsurance calculated: on replacement cost or actual cash value?
  • Prompt inspection and documentation is key to a successful claim.
  • Is there a methodology to properly document the loss?
  • It takes a trained professional to identify and document hail damage. Do you have the right experts lined up? You should not rely only on the insurance company’s experts.
  • How much of my time will this take?

Property Damage
Time Element
Life & Safety Issues
Mitigation of Damages
Establish A Preliminary Recovery Plan
Evaluation of Coverages
Valuation Of Damages, Claim Preparation, and Documentation
Negotiations & Settlement
Restoration Of Property & Operations

Who We Have Helped

All insurance policies have their 'gray’ areas, and ours was no exception… I was particularly impressed with… your team’s ability to navigate through those areas and present them strategically… in the best light for your client. I really believe that our final claim resolution was significantly better than it would have been.
Donald C. Wood
President and Chief Executive Officer - Federal Realty Investment Trust
Testimonial

Related Resources

Contact Us

If you're suffering from a commercial property claim, we can help!
Call us at 800.858.3900 or fill out the form below:
( * ) indicates required field
Sorry, there was a problem with your submission.