INSURANCE COVERAGE FOR COVID-19 CLAIMS
Jeffrey R. Schmieler, Esquire
COVID-19 and the Coronavirus Pandemic is inflicting serious economic damages to individuals and businesses in enormous dimensions. These enormous losses, in turn, are resulting in COVID-19 insurance claims and litigation which involve the resolution of the complex insurance coverage issues raised by the Coronavirus losses.
The impact of COVID-19 has adversely impacted virtually every individual and business in the United States.
Although the insurance industry has initiated a nationwide coordinated effort to suppress corona-virus related claims, there are many Coronavirus claims which are valid claims for insurance coverage under the Property Damage Insurance Policies issued by the Insurance Industry, inclusive of the following:
In the event that you have suffered a loss which is potentially covered, notice of the loss should be provided to the insurance carrier and consideration should be given to filing a claim based upon a careful review and analysis of the coverage granted in the coverage grant provisions of the insurance policy as well as the exclusions and endorsements contained within the policy.