You May Be Owed Compensation
If you purchased business insurance prior to the COVID-19 pandemic, you are likely entitled to compensation to cover your losses and expenses while your business was closed to comply with statewide Stay-at-Home orders. Depending on the policy purchased, you may be eligible for coverage for:
- Lost revenue
- Any continuing operating expenses, including payroll
- “Extra expenses” necessary to minimize the suspension of business
Why You Need a Lawyer
Many insurers are unjustly denying business interruption claims. While some business insurance policies specifically exclude business losses incurred from viruses from their coverage, we are hearing from dozens of small business owners that their claims were denied even when there is NO language excluding viruses in their policies, and even when viruses where expressly and specifically included in coverage.
Recent statistics suggest that American small businesses are collectively losing between $255 billion and $431 billion per month due to COVID-19 closures.
Insurance is supposed to help protect business in cases exactly like this. Denying these claims is not simply immoral, it may be illegal, depending on the language of your policy. But insurers will fight hard to get out of paying.
How We Can Help
Our experienced business insurance attorneys can help you review your policy closely to determine whether or not your business is covered for business interruption caused by the COVID-19 virus or any civil authority orders related to COVID-19, including closures of restaurants, movie theaters, hair and nail salons, tattoo parlors, gyms, and other businesses.
We want to hold insurers accountable when they refuse to uphold their contractual obligations. Together we can build a case against the insurance company for the compensation you need to ensure your livelihood and the livelihoods of your employees are not unduly affected by this pandemic.
Get a Free Case Review
At Ferrer, Poirot & Wansbrough, we never charge you for speaking to our attorneys about insurance denials.
There is no obligation to hire us before speaking with a member of our team, but we hope one conversation is all you’ll need to know we have your back when insurance companies act callously and immorally when your livelihood is at stake.
Fill out the contact form or call anytime, 24/7 for your free case review.