COVID-19 AND BUSINESS INTERRUPTION INSURANCE
BUSINESS INTERRUPTION INSURANCE IS SUPPOSED TO BE FOR TIMES LIKE THESE.
COVID-19 has brought on unprecedented times and lead to an economic standstill. For many, this has meant their business has brought in little to no revenue for over a month. Many small businesses have purchased business interruption insurance for times like these, so why are you being denied?
WE ARE HERE TO HELP
Barnes Law Firm works on a contingency-fee basis. This means that you do not pay attorney fees until we recover the money you deserve. Our team of attorneys has extensive experience representing small and medium-sized businesses. We will work with you to ensure we hold your insurance company accountable for what was promised.
What is Business Interruption Insurance?
Business Interruption Insurance protects your business against any losses that might incur when you can’t do business due to damage or other covered risks. Each insurance policy and insurer might have different language in their policies and the coverage might vary due to the details that were negotiated by the insurer and business.
Common policies might read similar to the following:
Claim is recoverable when there is physical damage to an insured property, caused by a covered risk that results in quantifiable business interruption loss during the time it takes to restore the damaged property.
Can I file a Business Interruption Claim?
The ability to make a claim depends on the exact language in your Business Interruption Insurance policy. Some policies explicitly exclude coverage from a virus or pandemic. However, there have been many successful lawsuits even when the specific peril is not covered. These insurance claims may be able to cover loss of business due to being shut down by local, state or federal governments, or being shut down due to infection at your place of business.
If your business has been shut down and you are interested in exploring if you can file a Business Interruption Claim or if you need assistance because your claim was denied, please contact us today by filling out the form below or call 816-221-4321. We are an experienced team of lawyers that can get you the support your business deserves.