Should You File a Business Interruption Claim for COVID-19 Losses?

Small businesses have lost billions of dollars during the novel coronavirus (COVID-19) pandemic. Those that had the foresight to purchase business interruption insurance to protect themselves from a disaster-related closing may want to file a claim as soon as possible. Unfortunately, it’s likely that those claims will be denied — at least until the courts and lawmakers can address the issue. In the meantime, your business can take certain proactive measures to establish its rights as the legal landscape evolves.

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