Business Interruption Insurance and the Coronavirus

Do you own a bar, restaurant, or other business that was closed as a result of the coronavirus pandemic AND you filed a claim with your insurance company for resultant losses AND you had that claim denied?  If so, we want to hear from you!

Anderson + Wanca is a law firm fighting to protect the rights of victims of insurer misconduct. We are at the forefront of efforts to recover for those who have been wrongfully undercompensated by insurers. And we are now launching an investigation into whether insurance companies are denying valid claims for losses suffered as a result of the coronavirus pandemic.  We can help YOU recover financial compensation that was improperly denied.

As the world has seen heroic responses from first responders in the face of the coronavirus pandemic, one set of “last responders” has perhaps run afoul of the law.  Insurance companies often stylize themselves as “financial first responders” and there is no doubt they can play an important role in helping businesses recover from catastrophe.  However, some insurance companies may be trying to take unfair advantage of people in these difficult times by underpaying or failing to pay entirely claims for losses suffered during the national emergency.

Several restaurants have filed suit in state courts, alleging that their insurers improperly denied their claims for compensation under the terms of their “business interruption insurance” coverage.  Business interruption insurance is a type of insurance that covers the loss of income and expenses that a business suffers after a disastrous event. The covered loss may be due to a closing of the business or due to a rebuilding process after a disaster. With stay at home orders becoming more and more common and numerous state and local governments imposing restrictions that lead to the closure of restaurants and with other businesses deemed to be non-essential, many people are turning to their insurance companies seeking the business interruption coverage that they believe they’ve paid for.  It appears that some insurance companies are denying these claims, exacerbating an already difficult situation for the people they agreed to protect.

If you have had a claim denied under your business interruption coverage, you may be entitled to financial compensation. To learn more about how we can help, please contact us at insurance@andersonwanca.com for a FREE consultation—no pressure, no hassle, no obligation—just a friendly conversation.  We will need to see a copy of your insurance policy and a copy of the denial letter from your insurer.  We will review your documents and confer with you to help you determine if you have a claim and address your legal options.  Remember, there is never any financial obligation to us on your part.  We are paid by the defendant for successfully prosecuted cases and we are on your side!