Is the Corona virus (COVID-19) covered under your business insurance?
Posted: March 17, 2020
Given the potential impact of COVID-19 on your business operations, we have received many calls with respect to business interruption coverage and the following should help clear this topic. Most property policies include business interruption coverage when the business interruption is caused by a Covered Cause of Loss. A Covered Cause of Loss is defined as risks of direct physical loss unless the loss is...
How Long Does Business Interruption Insurance Coverage Last?
Posted: July 4, 2019
Most commercial property insurance policies include business interruption insurance. With this coverage, the insurer agrees to pay for loss of business income resulting from a covered peril. But how long does it last? In most cases, business interruption insurance coverage continues from the date of loss until property damage can be repaired with dispatch and due diligence. Period Of Restoration The length of time in...
