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Business interruption insurance can provide coverage for losses of income due to physical loss or damage to property. Questions have arisen as to whether this type of policy covers business interruption due to the Novel Coronavirus (COVID-19).
The New York State Department of Financial Services (DFS), recently added a FAQ page related to these questions. You can find the page here. If you have questions about coverage, the first thing you should do is review the terms of your own policy. If you still have questions, this FAQ page is a good place to look next. We are also available to assist you.
Following recent changes to our office in response to COVID-19, all of our attorneys are now working remotely to serve your legal needs. If you would like to schedule a consultation to discuss legal issues that have arisen as a result of COVID-19 or any other legal matter, please contact Peter J. Weishaar, Esq. at firstname.lastname@example.org or 585.512.3542.
This publication is intended as an information source for clients, prospective clients, and colleagues and constitutes attorney advertising. The content should not be considered legal advice and readers should not act upon information in this publication without individualized professional counsel.