Methvin Terrell is Currently Reviewing Insurance Policies for Business Interruption Claims Caused by the Coronavirus
Insurance Policies for Business Interruption Claims Caused by the Coronavirus
While we are all still trying to make sense of the coronavirus and its impact on our small businesses throughout the nation, it is imperative to begin reviewing our insurance policies now to determine whether they may provide relief from business interruptions caused by the coronavirus. The attorneys at Methvin, Terrell, Yancey, Stephens & Miller, P.C. are committed to helping you navigate the language of your policy to see if you may be covered for interruptions to your business as a result of COVID-19.
Business interruption coverage is often included as part of a company’s commercial property insurance. Some insurance policies are broad and may expressly provide coverage for losses caused by communicable diseases or due to a civil authority impairing access to their business premises. Nevertheless, a number of policies expressly exclude losses caused by viruses. Thus, every potential case will depend on the language of the policy.
If you have experienced, or anticipate experiencing, a loss or damage to your business as a result of the coronavirus pandemic, please contact us today for a free legal consultation and evaluation.