The answer will depend on your policy and your situation. The coronavirus pandemic forced numerous businesses to close or alter their operations and incur significant losses. The threat of contamination with a life-threatening virus, along with the mandatory closures ordered by state and local authorities should be covered under the business interruption insurance policies that business owners have paid for. Of course, each case is different. For example, if you have an “all-risk” policy, this may strengthen your ability to collect payment. On the other hand, if your policy includes language that explicitly excludes virus related closures, it may be more difficult.
Remember: just because your insurance company tells you that pandemic-related losses aren’t covered doesn’t mean you’re out of options. A business interruption insurance lawyer at Munley Law Personal Injury Attorneys can review your policy and take on the insurance company to get your claim paid.