Miami Audit Premium Claim Defense Attorneys
Many insurance companies sell their commercial general insurance policies on what is called an “audit premium” basis.
What that means is that they quote you an estimated insurance premium based upon representations that you make in your policy application, but reserve the right to audit your financial information, either during or at the end of your policy period, to verify the accuracy of that information and to assess any additional premium that such audit would disclose is warranted. Some of the more aggressive insurance companies that perform such audits and assess and seek to collect such audit premiums are Century Insurance, QBE Insurance Co., North Point Insurance Co., Grenada Insurance Co. and Country Financial Insurance. When you receive such an audit request, how you handle it often will determine how successful you will be in defending against the additional premiums claimed to be owed. Because these insurance companies will often sue to collect these billed audit premiums, it is important to be able to assess whether you have a basis to contest such a claim at the outset and to position yourself to avoid or reduce your potential exposure. For cash based businesses such as restaurants and nightclubs an audit can sometimes result in an attempt to impeach your reported financials and therefore raise undesirable collateral issues. For all of these reasons, experienced legal assistance is a must when you are faced with an audit premium demand from your insurance company. At Charlip Law Group, LC, we have the experience and strategies that will give you the best defense against any audit premium claim. Depending upon the circumstances, we can even offer you a “shared savings” contingency approach to our fees that will guaranty you a reduced payment. Contact our Miami audit premium insurance attorneys today.
At Charlip Law Group, LC our attorneys will represent your matters with the full consideration and respect you deserve. The lawyers at our firm bring many years of training and experience to the practice of law. Our multi-lingual staff will deal with your issues promptly. We are conveniently located in Miami-Dade County. Our South Florida location allows us to serve our clients in Miami-Dade, Broward and Palm Beach Counties; throughout Florida and the United States. Contact Charlip Law Group, LC at our Aventura, Florida offices toll-free at 1-888-815-1418 or 305-354-9313. You can send us a confidential email at [email protected].