Business Losses From Sandy May be covered by Insurance Policy

If you need assistance in assessing your Hurricane Sandy insurance policy, or believe the insurance companies are trying to avoid paying their full and fair obligations, the lawyers at Slater Slater Schulman LLP are available to assist you.

The total damages caused by Sandy are still being tallied, and in some cases still being incurred. Businesses suffered a variety of damages in addition to seemingly straightforward property damages. Businesses may have suffered environmental impacts, interruption of business operations, and disruptions to the supply chain. Businesses without any property damage may still have had significant losses due to these other types of losses. Property insurance policies often cover some of these other types of losses. However, insurance companies are not in the business of paying out claims they don’t have to or can avoid.


Analyzing what is covered under the policy is the first step. Policies are highly technical and are drafted by teams of lawyers, accountants, and actuaries. Many terms have special meanings in an insurance policy beyond their common every day use. The meaning of older policies may have been affected by court decisions unrelated to the policyholder. Some policies may even cover damages resulting from orders from civil authorities given in response to a natural disaster, such as evacuation orders. Another issue is what type of natural disaster was suffered. There is likely to be a string insurance industry push to apply for higher hurricane damage deductible, even though Sandy was a tropical storm when it made landfall. The first step to making a claim is figuring out what the policy covers.

If you need assistance in assessing your Hurricane Sandy insurance policy, or believe the insurance companies are trying to avoid paying their full and fair obligations, the lawyers at Slater Slater Schulman LLP are available to assist you.  A consultation with our insurance lawyers is free.   Call us at (800) 251-6990 or fill out the form on this page, and an insurance attorney will get back to you shortly.

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