How do you know if your COVID-19 business losses are covered by your insurance?
Unfortunately, despite insurance companies collecting more than $6 billion a month in premiums from small business for insurance coverage, they are now routinely denying these business claims – relying on the fact that most business will not challenge their denial.
Reviewing a business insurance policy can be a difficult and confusing task. A policy may be 100 pages or more and filled with unfamiliar terms, definitions, and explanations. Language and coverage vary policy to policy, company to company, and state to state. A detailed legal analysis is needed to evaluate a policy’s coverages and exclusions.
Our firm is currently reviewing insurance policies for small businesses to identify whether there may be any available coverage for COVID-19 related claims. If we find that a policy provides coverage, we can help gather the necessary documentation needed to substantiate and submit the claim.
If an insurance claim has already been made and it was denied, we can review the policy and the insurance company’s response to ensure the insurance company’s denial is not wrongful. If we find that a claim has been wrongfully denied, we can take appropriate legal action.
If you would like us to review a policy, or discuss a potential wrongful denial of a claim, contact our firm at: (419) 241-1395. There are absolutely no legal fees or expenses unless we recover from the insurance company for you.