Marine Insurance Claims (sinking, collision, cargo)
Marine insurance is a complex area of the law. When a marine insurance policy claim has been denied, determining whether or not the denial was wrongful will hinge on a number of important facts including: whether the marine insurance policy is a “Named Perils” or “All Risk” policy; whether the (clause?) cited by the insurance company as its basis for denial is ambiguous, implicating the rule of contracts which states that ambiguity shall be read against the drafter (i.e. read in favor of the insured); and whether the insured failed to disclose any facts during coverage negotiations that would have materially affected the underwriting of the risk. If you have a marine insurance claim that you believe has been wrongfully denied, hiring a maritime lawyer with experience dealing with these insurance companies or clubs and their tactics will be vitally important to the success of your potential recovery. Marine insurance is distinct from typical insurance disputes, and a maritime lawyer, like ours at Munch and Munch, P.A., will know the important facts upon which your claim will hinge, and will also know how to read and understand the unique language of these types of policies. Underwriters and adjusters of marine insurance policies have a keen understanding of the language in these policies, which they use to pin point bases for denying claims. At Munch and Munch, P.A., our years of experience with marine insurance cases have given our lawyers an equally distinctive understanding of these policies, giving our lawyers in a unique ability to protect your rights. If you are seeking to dispute a denial of coverage for your marine insurance claim, call 813-254-1557 or email us for a free consultation to discuss your potential claim.