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Bruce Sackrison's Insurance Matters: Covid-19 and Business Interruption Insurance


This past year has been one of vast extremes for business owners. Depending on the industry, it seemed that 2020 was either an unexpected boon, or a total disaster for the majority of businesses.
For those whose companies experienced severe interruption, whether voluntarily or due to state mandates, questions quickly arose about whether their business interruption insurance coverage would step up to provide relief.
Unfortunately, most business owners ended up disappointed as they discovered how this type of coverage works. In today’s article, we will take a look at what type of interruptions are typically covered, and how to possibly be better prepared with appropriate coverage for the future. ....

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