The new coronavirus (COVID-19) has caused both state-mandated shutdowns and voluntary decisions for businesses to shut their doors this year. To protect against these types of unforeseen closures, Business Interruption Insurance is purchased by business owners across the country. But insurance companies are doing their best to deny coverage of these claims to policyholders.
We are helping businesses affected by the shutdown by accepting Business Interruption Insurance cases. Our representation is on a contingency fee basis – we don’t get paid until you do and consultations are free. Read more below about how we can help file your claim.
Do I have a Business Interruption Insurance claim with COVID-19?
Business Interruption Insurance policies are individually crafted to the insured’s business. This pays for loss of business income due to the necessary suspension of normal business operations. This suspension of operations may arise directly from contamination of the facility from COVID-19, a state or local authority’s order, the need to protect employees/customers, or a myriad of other or concurrent causes that impact the use of your business and property for its intended purpose.
A business owner’s coverage of damages due to the coronavirus will come down to the insurer’s specific policy and external conditions, and also might include cases where the federal or state government ordered them to shut down operations. If your business has been crippled by the government-mandated shutdown issued to slow the spread of the coronavirus (COVID-19), you are likely counting on your business interruption insurance to replace lost income, pay bills, and cover payroll.
It is anticipated that the insurance industry will be denying business interruption claims on a wholesale basis. Even if this does not occur, many insurance companies will deny claims arising from this pandemic, attempting to rely on exclusions or other policy languages.
Hamilton Wingo, LLP and COVID-19
As the global COVID-19 public health emergency continues to spread and create challenges for families and businesses worldwide, Hamilton Wingo, LLP is addressing many of the same challenges that our clients may be facing and offering our assistance. Our firm has secured hundreds of millions of dollars for the clients we represent and their families in personal injury matters from coast to coast. This has included many matters in areas where COVID-19 has already had a serious impact.
Our firm regularly employs best-practice business continuity processes. As part of our firm’s commitment to helping slow the spread of this virus, we have been taking proactive safety precautions at every stage of the pandemic. We remain ready, able, and prepared to serve our clients during this time, as the health of our clients and colleagues is among our top priorities.
We are currently accepting Business Interruption Insurance claims to pursue on behalf of the businesses affected by the shutdown, regardless of the industry. This includes healthcare professionals such as dermatologists, surgeons, and dentists, and a wide array of restaurants, landlords, building owners, management companies, and retailers that have incurred additional costs and lost income during the COVID-19 outbreak.
Think you have a case? Call us now – all consultations are free.
You can click on this image above to view the latest updates from the Johns Hopkins COVID-19 resource center online.