As we all watch the latest news in these volatile and troubling times, businesses damaged by looting, vandalism and fires should be aware that their losses might be covered by insurance.  Direct property damage and business income losses caused by these events will probably be covered under most standard-form policies. Such policies might also cover income lost as a result of related government orders and restrictions.  Note that presenting claims for such indirect losses may become difficult because insurance companies might attempt to argue that any losses were caused by Covid-19 restrictions, rather than the ongoing civil unrest.  Any business that has potential losses related to the ongoing violence should put its insurers on notice as soon as possible.  Businesses would also be well-advised to consult experienced, policyholder-side insurance counsel.  Santomassimo Davis represents policyholders – not insurers – and stands ready to assist clients, to analyze their policies and to maximize their insurance recovery.

If you have questions or need assistance, please contact us.