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Coronavirus Business Interruption Class Action Lawsuit, Coronavirus Business Interruption Lawsuit Consider The Consumer

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Coronavirus Business Interruption Class Action Lawsuit Investigation Commences

Coronavirus Business Interruption Insurance Coverage Denied by Insurance Companies

Businesses are seeking to file a lawsuit against insurance companies for denying them of their business interruption insurance amidst the pandemic.

A lot of businesses, mostly small and medium scale, have closed down because of the coronavirus pandemic. To make up for the loss and cover business income and operating expenses, businesses have filed for business interruption insurance claims. Unfortunately, these claims are being denied by insurance companies.

Do you have a business interruption insurance and have applied for claims this coronavirus pandemic? Send us a message to see if you are entitled to compensation from the Coronavirus business interruption insurance lawsuit settlements.

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The Thing About Business Interruption Insurance

Business interruption insurance, or business continuity insurance, protects business owners from loss of income brought about by a disaster such as fire or natural disasters. Usually, it is sold as an add-on to a property/casualty policy or in a comprehensive package policy.

With this insurance coverage, businesses have their lost income, operating expenses, payroll, taxes, and loan payments covered by their insurance companies up to the limit set in the insurance policy.

Because of the pandemic, many businesses have shut down their doors and have felt the negative economic impact that the coronavirus pandemic has brought. Many have sought to claim their business interruption insurance in the hopes to level out what the pandemic has taken.

However, insurance companies have denied claims by businesses contending that the policies cover only physical loss or physical damage to property that causes a business to close, referring to disasters such as earthquakes and hurricanes instead of a pandemic. The insurance companies continued to say that policy language may be tied directly to physical damage and destruction of property.

Businesses, however, argued that physical damage to the business is among the effects that the coronavirus has caused.

“The scientific community, and those personally affected by the virus, recognize the coronavirus as a cause of real physical loss and damage,” said Oceana Grill restaurant, one of the businesses filing a lawsuit against their insurance company.

Since the policies do not actively exclude a viral pandemic, businesses assert that their claims cannot legally be denied. Furthermore, some policies have included the extension of coverage for losses incurred because of a civil authority, such as ordered closure of a business.

The lawsuit maintains that Coronavirus effects are “physically impacting public and private property, and physical spaces in cities across the world. Any effort… to deny the reality that the virus causes physical damage and loss would constitute a false and potential fraudulent misrepresentation that could endanger policyholders and the public.”

If your business is covered by a business interruption insurance and was denied by your insurance company, you may be affected by the lawsuit investigation.

Editor’s note on the Coronavirus Business Interruption Class Action Lawsuit Investigation:

This piece is written about the recent Coronavirus Business Interruption Insurance Class Action Lawsuit Investigation. If you are considered eligible to be among the class of consumers described in the class action lawsuit investigation, you may eventually be able to participate in receiving any compensation the court may award.

If you believe that what is alleged in the Coronavirus Business Interruption Insurance Class Action Lawsuit Investigation has affected you, please don’t hesitate to reach out to us.

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We’d be happy to help you take a step in the right direction, fight this issue, and better enable you to join in on any potential consumer class action. If interested, please send an email to, find us on Twitter or Facebook, or even connect with us directly on our website! We look forward to hearing from you all.

Similarly, please check out our current list of Class Actions and Class Action Investigations, here.

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