If your business suffered losses directly or indirectly caused by the Coronavirus (COVID-19, Wu-Flu, Wuhan Flu, Chinese Flu), your insurance might cover the losses. Contact us now and we will review your insurance agreement for free!
Business insurance agreements often state coverage is available for the actual loss of business income due to the necessary suspension of operations during the period of restoration. These agreements include coverage for closures related to pandemics, viral outbreaks, bacterial outbreaks and natural disasters in general. Also, the agreement may cover losses relating to civil orders shut as Governor Newsom’s order to shut down non-essential business. It all depends on the language in your contact. Contact me for a free reading!
Be warned, sometimes insurance policies exclude damages resulting from any virus, bacterium or other microorganism that induces or is capable of inducing physical distress, illness or disease.
In order to make a claim, you will have to provide evidence of how your business has been impacted and also how you have lost money. Common ways of proving this include showing financials prior to the closure and after the closure. There should be a clear indication of loss.
Don’t hesitate. Call now and I will review your agreement at no charge!