Businessowners Policy and Coverages Related to Novel Coronavirus

Due to the unprecedented times that are unfolding worldwide, Trunnell Insurance Services is receiving inquires about Businessowners policies and if they cover any losses due the the COVID-19 pandemic, therefore we
would like to summarize what most insurers cover with regard to Business Income Coverage and loss due
to virus.

In most cases, coverage is provided for actual loss of business income for direct physical loss or damage to Covered Property at the premises described in the policy declarations from any covered cause of loss. There is usually also a specific exclusion for loss due to virus or bacteria. 

Please give us a call to discuss specifics based on your policy.

“We are getting a lot of calls and emails about business interruption coverage, loss of use. In most cases it is not going to be covered. Feel free to call us to talk about your individual policy.”