Business Interruption Claims for COVID-19
Has your business been interrupted due to COVID-19? Have you been forced to temporarily close? Has your business suffered losses in income and revenue? If you’re like many American business owners, you may have experienced serious financial losses caused by the coronavirus. If any of these are true, you may have a COVID-19-related business interruption claim.
KJC LAW FIRM may be able to help.
The full extent of the economic impact of the Covid-19 pandemic is yet to be determined, but many Massachusetts businesses are already suffering. Those businesses may have insurance coverage available to help them survive this unprecedented economic disaster. Unfortunately, however, insurance companies are already outright denying claims, often wrongfully, and may be exposing themselves to substantial lawsuits and verdicts for engaging in unfair and deceptive business practices.
According to a report in the Insurance Journal, the property/casualty insurance industry “estimates that business interruption losses from the coronavirus just for small businesses in the U.S. could be between $220-383 billion per month.”
You may qualify for a business interruption lawsuit to reclaim some of the lost revenue associated with the coronavirus pandemic. You can find everything you need to know about business interruption coverage here.
For a FREE consultation with a business interruption lawyer at KJC, please call 617 720-8447 or complete the short form on this page.
As is our tradition, we work on a contingent fee basis. We even the playing field for small businesses when battling insurance giants. There is no obligation and you won’t pay any attorney fees unless we win or settle your case and you recover financial damages.
Please call 617-720-8447 for a free consultation with a business interruption attorney. We will evaluate your potential claim and advise you on your best legal options.
Insurance companies have already begun releasing statements about COVID-19, saying that coronavirus-related claims are not covered. This is not necessarily true. Generally, they are informing customers that there is no coverage due to a “virus and bacteria” exclusion. This is not always the case. The real answer depends upon your coverage stated in your business policy. In most instances, a general commercial liability policy will provide coverage for at least some period of time in which your business was unable to operate. The insurance companies do not want people to know this.
Many Massachusetts businesses have filed business interruption claims with their insurance carriers have been wrongfully denied. Do not make the mistake of asking an insurance agent whether the policy covers business interruption claims. Insurance agents, no matter how well intentioned, do not interpret or enforce insurance contracts. If you had a problem with your heart you would call a doctor, not your health insurance agent. The same principle applies here.
KJC is your partner in making sure that your insurance company honors the promise they made to you when they signed your insurance contract.
DO NOT let initial denial of your business interruption claim stop you from contacting a COVID-19 business interruption attorney for a full review of your policy and potential right to compensation under your policy.
Every policy is different, and you may be entitled to compensation for business losses suffered as a result of the coronavirus in Massachusetts.
KJC attorneys will review your claim and help determine your legal right to recovery under your insurance policy, free of charge.
KJC has already been retained to obtain coverage for businesses in the following sectors:
- Solar Energy
- Professional Staffing
- Childcare centers
- Private investigation firm
KJC will file suit against insurance companies for unfair and deceptive business practices when a claim is wrongfully denied.
A Massachusetts business interruption attorney at KJC will review your claim for FREE and advise you on your legal options for pursuing a claim. This costs you nothing. Your team of KJC attorneys and administrators are all living through this crisis just like our clients. We are mothers, fathers, wives, and husbands trying to run a small law firm. We are homeschooling, staying at home, watching the daily news updates, and praying for the safety of our loved ones. We understand what you are going through and we will not stand by while multi- billion dollar insurance companies abandon the businesses and entrepreneurs that have thrived in our towns and cities. The insurance companies would not tolerate it if you didn’t pay your premiums, don’t allow them to violate your contract.
There is no obligation, and you won’t pay any upfront costs or attorney fees unless we successfully recover compensation for you.
You are entitled to the benefits of your insurance contract NOW. The purpose of the contract was to allow business owners to use some or all of the available coverage to help with immediate losses and, if possible, to sustain the business until the quarantine is lifted.
REMEMBER: if you’ve already filed a business interruption claim and been denied, you do NOT have to simply accept “no” for an answer.
We may be able to help. We can get through this together.
Please call (617) 720-8447 today for a free, no-obligation review of your claim.