Business Interruption

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Has Your Business Been Closed?

The COVID-19/Coronavirus pandemic has stopped the world in its tracks. Millions of businesses worldwide have been affected by either outright closures or limited operations. People are hurting, and some businesses may never recover. As business owners ourselves, we are sensitive and empathetic with what many business owners are going through. Small businesses are the life blood of our community, and our economy. Has your business been affected by the Coronavirus Pandemic? We can help. We are helping businesses nationwide get the compensation they deserve with their business interruption insurance claims. We have launched the Coronavirus Business Claims Centers. See below for more information.

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Bohren Law is a virtual firm available to meet, sign, and work from anywhere in the world.

What Is A Business Interuption?

Business interruption insurance is insurance coverage that replaces business income lost in the event of a catastrophe such as fires, natural disasters, and the Coronavirus / Covid-19 outbreak. Business interruption insurance is not sold as its own policy but is either added to a property/casualty policy or included in a comprehensive package policy as an add-on or rider. Most business interruption insurance covers:
  • Lost Profits

    Based on prior performance, a business interruption insurance policy may provide reimbursement for lost profits that would have been earned had the catastrophe not happened.

  • Relocation

    Your policy may cover the costs involved with moving to and operating from a temporary business location or changing business practices such as operating as a "take-out/to-go" facility only.

  • Training Employees

    In the wake of a business interruption event, a company will often need to shift business practices. For example, you may be a distillery but have switched to producing hand sanitizer. Business interruption insurance may cover these costs.

  • Expenses / Fix Costs

    These can include operating expenses such as rent and utilities, and other costs of doing business.

  • Government Mandates

    A business interruption may result in government-mandated closure of business resulting in complete loss of revenue. Examples include forced closures because of government-issued "social distancing" or "stay at home" orders.

  • Employee Wages

    Coverage of employee wages is essential if a business wants to resume operations as soon as the coast is clear. Making payroll while shut down is a benefit to not only the business, but to the employees as well.

  • Taxes

    Uncle Sam still requires businesses to pay taxes, even when disaster hits. Tax coverage will ensure a business can pay taxes on time and avoid penalties.

  • Loan Payments

    Loan payments are often due monthly. Business Interruption coverage can help a business make those payments even when they are not generating income

Is My Business Covered?

Whether or not this coverage applies will depend on your insurance policy language. With state and local governments such as New York and California mandating “stay at home” orders, many businesses are forced to close or severely modify their business practices.
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Civil Authority Insurance

Some insurance policies may include “Civil Authority” insurance. This coverage usually applies where a “Covered Cause of Loss” causes losses other than to the insured’s property, resulting in lost business income because a “Civil Authority” such as a “stay at home” order prohibits access to the business. The standard policy language requires two additional conditions to be satisfied: (1) “[a]ccess to the area immediately surrounding the damaged property is prohibited by civil authority as a result of the damage, and the described premises are within that area” but no more than a certain distance from the damaged property; and (2) “[t]he action of civil authority is taken in response to dangerous physical conditions resulting from the damage or continuation of the Covered Cause of Loss that caused the damage …”

Corona Virus Damages

The Coronavirus has left businesses in unchartered waters. It is often insurance that carries businesses through these waters and business owners expect the insurance premiums they pay for to come through for them in their time of need. But this is not always the case. It is important to immediately review your insurance policies, notify your insurance company of claims, and track all of your losses, regardless if you think there is coverage or not. Taking early action may ultimately save your business.
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Filing Insurance Claims

You do not have to wait until the pandemic is over to make a claim. You can – and you should – make a claim immediately with your insurance company. Every day that goes by is a day your business loses money and may never recover. That is why it is extremely important to make a claim with your insurance company immediately and have your insurance policies reviewed by an experienced attorney. Bohren Law understands that this is the most financially challenging time a business may ever face. Therefore, Bohren Law does not charge up-front fees for Business Interruption cases and only takes a fee if we recover for you.

Pursuing Business Interruption Cases

We represent business owners nationwide. If your business has been affected by the COVID-19/Coronavirus Pandemic, please contact us immediately to evaluate your case.

If you are in South Carolina, please visit www.carolinacoronaclaims.com

If you are in California, please visit www.californiacoronaclaims.com

At Bohren Law, we never charge for consultations and only take a fee if we win your case. You pay no money up front and we only take a fee if we win your case. Having the right lawyer in your corner can be the difference between getting fair compensation for your injuries or taking little to no money that does not represent the harms and losses you have suffered in the accident. We will fight to get you compensation for pain and suffering, lost wages, property damage, and more. These cases are subject to strict timelines and statutes of limitations vary by state and injury type, so it is important that you speak with an attorney as soon as possible.

Call us today at 844-4BOHREN or click below to schedule a free no obligation consultation.

Remember, we only take a fee if we win your case as part of our No Win No Fee Guarantee.