{"id":1906,"date":"2020-05-15T20:07:57","date_gmt":"2020-05-15T20:07:57","guid":{"rendered":"https:\/\/law888.com\/index.php\/2020\/05\/15\/does-my-company-have-business-interruption-insurance-coverage\/"},"modified":"2020-05-15T20:07:57","modified_gmt":"2020-05-15T20:07:57","slug":"does-my-company-have-business-interruption-insurance-coverage","status":"publish","type":"post","link":"https:\/\/law888.com\/?p=1906","title":{"rendered":"Does My Company Have Business Interruption Insurance Coverage?"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]Business interruption insurance<\/a> is sold as a safety net for businesses in case they are forced to stop normal operations, resulting in lost business, revenue, and profits.\u00a0 Safer at Home policies have shut the doors of countless businesses during the Covid-19 pandemic.\u00a0 Business affected by forced closure or drastic change in operations can pursue insurance claims under business interruption insurance.\u00a0 Many businesses may not even be aware if they have this type of insurance coverage.\u00a0 While business liability insurance is often required, business interruption insurance is not.\u00a0 It’s important to review all of your insurance documents to see if you have purchased business interruption insurance without even realizing it.<\/p>\n

How is it possible to have purchased an insurance coverage without knowing about it?\u00a0 Business interruption insurance is sometimes bundled with other coverage, including the more utilized Business Owner’s Policy (BOP).\u00a0 In addition to business liability and commercial property, BOPs often include business interruption coverage.\u00a0 If you have struggled during the coronavirus pandemic and have purchased any type of business insurance, it is important to look over your policies.\u00a0 If you see any of the following terms in your declarations, you may be able to file a claim:<\/p>\n