Do You Have Less Insurance Post-Gustav?

In the coming weeks and months, businesses, construction companies and homeowners alike may become frustrated with insurance companies, according to an article and study by the New Orleans Times Picayune. As a result of post-Katrina endorsements and creative policy structuring, some fear that insurance coverage may be more scarce than in 2005. According to nola.com, insurance policies in the Southeast Louisiana region now systematically include high hurricane deductibles and certain policy exclusions that may make insurance claims more difficult, and insurance disputes more prevalent. Contractors and property owners in the middle of construction projects will face challenging builders' risks claims after Gustav, and property owners and businesses will have to hurdle over certain policy requirements before a helpful payout is realistic. With the new policy limitations and extraordinarily high insurance premiums, it's going to be more challenging than ever to recover from hurricane damages sustained. The importance of retaining quality counsel to represent you in an insurance dispute, and to prepare your insurance claim is more prevalent than ever. Post-Katrina, Wolfe Law Group brokered millions in insurance payouts for contractors, businesses and homeowners. Contact Us today to learn more about how we can help you weather the post-Gustav insurance storm.
Scott Wolfe
About the Author: Scott Wolfe
Scott Wolfe, Jr. obtained his J.D. degree from Loyola University of New Orleans, and his B.A. from Southern Methodist University in Dallas, TX. In 2006, 2007, 2008 and 2009, Scott was recognized as a Leader in Law by CityBusiness Magazine. The son and grandson of general contractors, Scott is a construction litigator in the Pacific Northwest, and the founding member of the bi-coastal law firm, Wolfe Law Group. Scott is also the founder and CEO of Express Lien, Inc., a legal document preparation service for contractors. In 2008, City Business Magazine recognized Scott as one of its Innovators of the Year for the Express Lien concept. As an entrepreneur himself, Scott has a strong background in business and commercial transactions and laws. He focuses his practice on the legal issues facing the construction industry, and has represented clients in multi-million dollar construction disputes in litigation and alternative dispute resolution proceedings. Scott is a LEED AP.

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