Call Today 888.694.0174
(COVID-19) Business Disruption

(COVID-19) Business Disruption

The coronavirus (COVI-19) pandemic has resulted in national public health and economic crisis. The economic disruption has forced many businesses to close or reduce their range of operations. As a result, many of these business owners are questioning the extent to which their insurance may cover losses as a result of COVID-19, and pressure is building against insurance companies to pay out for business interruption coverage as a result of the pandemic.

According to the CEO of the American Property Casualty Insurance Association, there could be as many as 30 million claims from small business owners who experienced a decline in revenue from the coronavirus. Restaurants in California and Louisiana have begun to file lawsuits against insurance companies claiming that their commercial insurance policy covers the losses generated by a statewide industry shutdown to limit the spread of coronavirus. Additionally, several state legislatures are introducing bills that would require these insurance companies to cover losses for businesses closed or restricted because of social distancing and shutdowns as a result of the pandemic.

The property and casualty insurance industry estimate that losses from business interruptions from coronavirus for small businesses could reach $383 billion per month in the United States. Business owners can review their commercial insurance to see if their policy includes business interruption coverage. The purpose of this coverage is to provide protection for businesses in the event some form of disaster or emergency interrupts everyday operations and results in a loss of revenue.

If you have experienced business interruption losses as a result of coronavirus-related disruptions, our attorneys can thoroughly evaluate your potential claim and take immediate action to move forward with your case against the insurance company.

Don’t hesitate to get help. Call us today at (888) 694-0174 or set up a free, confidential consultation online.

Categories:

Rave Reviews from
Happy clients

  • He talked to me on the phone like he knew me all my life and that really mattered to me.

    “He talked to me on the phone like he knew me all my life and that really mattered to me.”

    Julie
  • Even though my case is not yet closed, I know they are doing their best to do what they can for me and my son. For that I am very grateful.

    “Even though my case is not yet closed, I know they are doing their best to do what they can for me and my son. For that I am very grateful.”

    Mindy
  • I am beyond grateful for every thing he has done for me, and I highly recommend him to anyone!

    “I am beyond grateful for every thing he has done for me, and I highly recommend him to anyone!”

    Leah
  • When I've needed an answer to a question he has been there, if I've needed my hand held his staff has been there.

    “When I've needed an answer to a question he has been there, if I've needed my hand held his staff has been there.”

    Alyn
  • So thankful for Mark, Dan and their entire team!

    “Our family is so thankful for Mark, Dan and their entire team. Every step of the way they made sure we were comfortable and understood every aspect of ...”

    Sue
/

Our
Victories

  • $21,000,000.00

    Historic $21M verdict secured for Wal-Mart employee who sustained catastrophic injuries while at work.

  • $9,000,000.00
  • $6,000,000.00
  • $4,000,000.00
  • $3,800,000.00

    In an automobile accident caused by alcohol intoxication

  • $3,200,000.00
  • $3,000,000.00
  • $2,800,000.00
  • $2,425,000.00
  • $2,250,000.00
/