You May Be Covered for Business Losses Attributed to COVID-19
Did you add Business Interruption Insurance to your existing insurance policy?
If you did, and you’ve suffered business losses as a result of COVID019, you may be able to make a claim.
Business interruption insurance can replace lost income in the event that business is halted for a variety of reasons, including by government action.
This may include national limitations placed on restaurants and food service, event venue closures and cancellations, and other measures taken by state and local governments to ensure social distancing.
This type of insurance may cover necessary aspects of your business including payroll, taxes, and loan payments.
Every case is unique and will require specific review before we can advise on whether and how to make your claim.
Would you like us to review your situation?
Given the current circumstances, you may experience delays in responsiveness to your insurance claims. Note that the following memo was distributed to all insurance companies, independent adjusters, and other interested parties from California Insurance Commissioner Ricardo Lara on March 18:
“In response to the disruption caused by the novel coronavirus (COVID-19) outbreak, Insurance Commissioner Ricardo Lara strongly encourages all insurance companies and other Department licensees to take steps during the crisis necessary to maintain their ability to process and pay insurance claims and provide other required consumer services for insureds in a reasonable and timely manner.”
Despite everything that is going on, it is the duty of all insurance companies and independent adjusters (such as us) to take necessary steps to ensure that your claim is processed as accurately and quickly as possible.
If you’re experiencing untenable delays in processing, let us know – we can help with that as well.
We’re standing by to help you and your business.