Many businesses count on their insurance to get back on their feet after this kind of disaster.
(PRWEB) August 03, 2012
The two-year anniversary of the freak hailstorm that swept through Phoenix and surrounding areas on October 5, 2010 is quickly approaching. Accompanying that two-year anniversary is the deadline for businesses to make claims or review past claims before the statute of limitations expires.
The storm, which brought three-inch hailstones and caused more than $2.7billion in property damage, put Arizona on top of a 2010 list of states with the most insured-property loss.
Phoenix property insurance attorney Jeff Raizner warns that Phoenix and surrounding businesses have very little time remaining to collect on money for damages according to Arizona law.
“Insurance companies should have processed and paid out all their claims from the storm by now,” said Raizner, a partner at Doyle Raizner law office.
Twenty months ago, the storm struck the greater Phoenix metro area, hitting the communities of Scottsdale, Glendale and Phoenix itself especially hard devastating many homes and businesses. According to the National Weather Service the storm was caused by an approaching low pressure system and featured high winds and super cell thunder storms as well as hail.
“Many businesses count on their insurance to get back on their feet after this kind of disaster,” Raizner said. “Unfortunately we've seen a lot of cases where they aren't paying out or they undervalue the damage and then lowball people. Business owners can and should fight back against that kind of unfair treatment, but they only have until the statute of limitations expires on October 5.”
Raizner recommends talking to an attorney before accepting checks that seem too small for the sustained damages and advises those who have already had claims paid to have their settlements reviewed to ensure all aspects have been accounted for, including business interruption, which is commonly overlooked. Raizer and his associates are reviewing brand new cases and reassessing past claims in hopes of helping these local business owners recover from the storm’s disaster.
About Jeff Raizner
Jeffrey L. Raizner, partner at Doyle Raizner LLP, is a board certified attorney, a member of the Arizona Trial Lawyers Association, Texas Trial Lawyers Association and President-Elect of the Houston Trial Lawyers Association. He is also an associate member of Texas Association of Public Insurance Adjusters (TAPIA) and an affiliate member of the National Association of Public Insurance Adjusters. Jeff has spoken and taught classes on handling insurance claims and lawsuits arising out of natural disasters, and Doyle Raizner LLP was a leading firm in managing litigation arising out of Hurricane Ike. Raizner devotes much of his practice to bad faith insurance decisions and seeks to champion the rights of those who have been mistreated by their insurance provider.
Doyle Raizner LLP is a national trial law firm with offices in Houston, Texas and Phoenix, Arizona and has helped clients worldwide in pursing insurance and catastrophic injury claims. Jeff Raizner can be reached at 480-447-2494.