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Daphne Business Interruption Insurance Attorney

Helping You Resolve Business Interruption Claims

When you open a business, you do everything in your power to make sure it runs smoothly for years to come. Part of owning a business is purchasing business insurance policies and even paying extra for business interruption insurance.

Business interruption insurance is designed to help you replace lost income in the event of a natural disaster or another situation that prevents you from using your business premises. Many people are forced to make claims after unforeseeable fires and floods, but their insurance helps them survive a “restoration period,” and get their businesses back on track.

Sometimes, however, insurance companies refuse to honor valid claims and leave business owners in difficult situations. This is especially common when multiple business owners are faced with the same disaster. We see this situation with wildfires, hurricanes, and even the COVID-19 pandemic.

If your insurer is not honoring the terms of your agreement, Elizabeth A. Citrin, P.C. can help. Call us at (251) 202-3374 to get started.

What Does My Policy Cover?

Most business interruption insurance policies cover losses caused by “physical damage.” This is most applicable to fire and water damage, but it can include anything that makes your business inaccessible. Generally speaking, you are covered for disaster-related damages unless there is a specific exemption in your policy. Some contracts, for example, explicitly refuse to cover losses related to infectious disease.

On the other hand, many insurers sell special inclusions at a higher premium. Some policies even include coverage for “acts of government,” which means you can make a claim if your business is ever under official inspection or your business activities are temporarily suspended by an official orders.

Am I Covered for COVID-19?

Whether or not you are covered for COVID-19 will depend on your inclusion, exclusions, and the overall language of your policy. If you have infectious disease coverage, you should be covered for COVID-19. Similarly, executive orders across the nation should trigger any “act of government” or “civil authority” clause that may exist in your contract.

As long as these coverages are not explicitly excluded, the language of your policy may also allow for a claim. After all, if your property is contaminated or has the potential to be contaminated with a contagious virus, this can be considered physical damage.

Our Daphne business insurance lawyercan take a closer look at your policy and help you make a valid claim with your insurance company.

What If My Insurance Company Refuses to Honor My Claim?

You paid good money for your insurance policy, and now, it is time to take advantage of your coverage. If your insurance company does not uphold its end of your contract, it may be acting in bad faith.

Bad faith insurance occurs whenever insurance companies fail to honor the implied covenant of good faith and fair dealing, and it can lead to civil consequences.

Common instances of bad faith insuranceinclude:

  • Failing to promptly investigate a claim
  • Delaying a decision on a claim
  • Undervaluing a claim
  • Denying a claim without a valid reason
  • Asking for excessive proof
  • Manipulating or threatening policyholders

If you have a valid business interruption claim and your insurer isn’t treating you well, you have the right to pursue legal action. Elizabeth A. Citrin, P.C.can help you build your case.

Contact Our Firm Today

At Elizabeth A. Citrin, P.C., we stand up to insurance companies that act in bad faith and help policyholders recover the benefits they paid for. Our firm has a history of satisfied clients, and Attorney Elizabeth A. Citrin is one of the most compassionate advocates around.

If you’re looking for someone who understands what you’re going through and you want the benefits of a boutique law firm with big firm results, look no further than Elizabeth A. Citrin, P.C.

Call us at (251) 202-3374 today or click hereto schedule an appointment.