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Protect Your Business Assets & Recover Income Lost Due to the COVID-19 Pandemic

By Heidi Culbertson

May 13, 2020   Colorado Blog, Colorado Business / Commercial Litigation

COVID-19 Business Interruption Insurance Claims

In an effort to protect their employees and customers during the COVID-19 pandemic, business owners across the country have followed the direction of state and local authorities and closed their businesses. Most of these businesses have “Business Interruption Policies,” usually included in a single policy that covers property losses and liability. Unfortunately, the insurance industry is now denying these claims. Burg Simpson has more than four decades of reading, analyzing, and interpreting these types of insurance policies. Our experience includes 20 years when we were hired by the insurance companies themselves for this very purpose, and we have the expertise necessary to help you during these difficult times. Contact Burg Simpson today to arrange a consultation with one of our lawyers to discuss your Business Interruption claim.

Do You Have a Business Interruption Claim?

Business interruption policies are written by insurance companies to help businesses in the event they experience a loss of income due to the suspension of normal business operations. The business owner’s ability to collect on losses will depend on the specific language contained in the insurance policy and circumstances surrounding the business owner’s loss of income. Due to the COVID-19 government-mandated shutdown, business owners need to exercise their Business Interruption Insurance policies to replace lost income, pay bills, and cover payroll. If your insurance company is delaying, denying, or threatening to deny your claim, call Burg Simpson to discuss how we can help protect you and your business interests.

Business interruption information needed:

  • A complete copy of your insurance policy that includes Business Interruption coverage
  • The date your business was closed or impacted
  • The reason for your business closure
  • Was your business contaminated by COVID-19?
  • Reports: Profit and loss reports, payroll, and other pertinent reports

Burg Simpson is accepting cases against insurance companies that are denying Business Interruption Claims

Burg Simpson has spent over 40 years for the legal rights of those harmed by the actions or inactions of corporations and individuals. We are currently accepting “Business Interruption Insurance” claims for business owners. Call us today to schedule an evaluation of your Business Interruption case arising out of the COVID-19 pandemic.

Call Burg Simpson today for an evaluation of your Business Interruption Insurance Policy.

 

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