As we continue to watch our economic landscape feel the ripple effects of COVID-19, many small business owners find themselves reeling as they send employees home and close their doors to walk-in traffic.
State and federal governments have programs in place and have been developing others to help assist businesses and taxpayers alike, but there is still considerable pressure on business owners to find solutions.
This has many of them wondering about their business interruption insurance, and if it covers losses they’re experiencing due to the pandemic.
Business Interruption Insurance
The idea behind business interruption insurance is simple enough: Covering the losses a business suffers from an interruption, usually after a disaster or unexpected event of some kind. Business interruption insurance might help business owners keep functioning until operations return to normal.
We Are Here to Help
Our experienced attorneys at Terrazas Henkel, P.C., are here to help business owners in every step of the process, from determining if they have insurance coverage, making a claim, and contesting disputes with insurance companies. We’ll work through the contracts – and your options – together. Call 406-541-2550 to set up an appointment.