Business Owner Insurance Policy Claims for Covid-19 Business Interruption.

Each year, business owners pay insurance companies millions of dollars in premiums for “business interruption” insurance to protect their business from factors outside of their control.   As a direct result of the COVID-19 pandemic, on March 15, 2020, Illinois Governor Pritzker ordered all restaurants and bars to close their doors to the public.  Five days later, the Governor ordered all non-essential businesses to close.  The pandemic and government ordered closures have brought many restaurants, bars and other business to their knees, causing substantial lost profits.  These lost profits and related expenses may be recoverable under a business owners’ insurance policy.

The attorneys at DeBlasio & Gower have been asked to investigate claims by business owners who have had their COVID-19 insurance claim denied by their insurance company, and several lawsuits have already been filed against insurance companies for denying such claims.  Many of the business interruption insurance policies we have examined specifically cover loss of business income, and those same insurance policies do not exclude coverage for losses caused by a virus or pandemic, such as COVID-19.

If you are the owner of a business that has been negatively impacted by the COVID-19 pandemic and government closure orders, contact us via our website https://www.dgllc.net/contact or call 630.560.1124 to speak with 0ne of our trial lawyers about protecting your rights against the insurance companies.  Our attorneys recently won a jury trial against one of the largest insurance companies that denied our clients’ insurance claim and engaged in bad faith.  Get the protection you deserve.  Antonio DeBlasio is the founding member of the DeBlasio & Gower law firm.  He has been selected by Super Lawyers® for Business Litigation in 2008 and in each year from 2014 through 2020. Only 5% of attorneys receive this distinction. DeBlasio & Gower’s attorneys have over 35 years of combined experience representing businesses, individuals and estates in Illinois.  Visit our website at https://www.dgllc.net.