Coronavirus Business Interruption Insurance Claim Lawyer
Ryan Bradley | March 23, 2020 | About the Firm
Our coronavirus business litigation lawyers are investigating all business interruption claims for companies that are shut down because of the novel coronavirus.
In order to qualify for a free business interruption insurance review, you must:
- Be the sole or partial owner of a company with authority to hire counsel;
- Have a current commercial general liability policy in full force and effect from January 1, 2020 to present;
- You must have one of the following: a) you must have at least one worker infected with coronavirus who reported to work at a time they were likely infected, or b) you must be within a governmental shutdown area and be in compliance with the order, or c) there must be a disruption in your supply chain that fully or partially prevents you from doing business; and
- You must have incurred provable damage (ie. a loss of revenue) in excess of $500,000.
For any business owner that meets these criteria, all you need to do is a) contact us and b) upload your current CGL policy to email@example.com
What is business interruption insurance?
Business interruption insurance is commonly included within a Commercial General Liability (CGL) insurance policy. This coverage is meant to help in the event a business experiences a disruption to its normal operation for qualifying reasons. Every policy is different and may or may not provide coverage. Some GCL policies will initially provide coverage but then contain an exclusion taking away the coverage. For this reason, it is important to provide us with the entire policy, including all riders, addendums and exclusions.
Does coronavirus qualify me for a business interruption claim?
Possibly. There is no way to know whether a particular policy provides coverage until a business insurance lawyer reviews it. The question that remains is whether your business sustained a direct physical loss of or damage to insured property. We anticipate most insurance companies will fight whether there was such a physical loss. Based upon our review of a few CGL policies, we believe some may provide coverage in certain circumstances.
Businesses throughout the country are filing lawsuits against their insurance companies to test whether coverage exists.
Contingency fees on coronavirus claims
Since coronavirus business interruption claims could be decided in favor of the insurance company, many businesses do not have the capital to pay a business interruption law firm thousands of dollars per per hour to litigate these claims.
If your business has verified loss of gross income in excess of $200,000 and we believe your policy provides coverage, we will pursue your claim on a contingency fee basis. This means we do not earn an attorneys’ fee unless we are successful on your claim.
Coronavirus insurance claim law firm
Our coronavirus insurance claim lawyers routinely take on the largest insurance companies in the world and beat them. We have an AV rating by Martindale Hubbell, an independent lawyer rating service that obtains rating feedback from other lawyers and judges.
Contact us today if you believe your business meets the criteria set forth herein.