Hundreds of thousands of businesses across Texas and the United States have lost business or been shut down altogether due to the Covid-19 pandemic
When your business is interrupted, you suffer loss of revenue for the time that your business cannot operate, and the extra expenses incurred trying to get your business back in order as soon as possible. You can lose not only steady income, but also customer loyalty and critical, one-time opportunities. If your commercial property insurance company disputes, delays, or denies your claim, the loss of revenue and extra expenses may be recoverable through a business interruption claim.
As COVID-19 has wreaked havoc upon our economy, many businesses have filed insurance claims for business interruption losses. Though these claims traditionally arise after natural disasters that cause physical damage to commercial property, there may be potential business interruption coverage available in your policy.