New York-based law firm Gersowitz Libo & Korek, P. C. has recently launched services directed at helping business owners get the full coverage they are owed from their business interruption insurance.
More information can be found at https://www.lawyertime.com/business-interruption-insurance-and-covid-19-pandemic-what-you-need-to-know/
Gersowitz Libo & Korek, P. C. was established in 1984, and it specializes in personal injury, medical malpractice, construction accidents and wrongful death cases. The law firm has won more than $900 million for their clients in verdicts and settlements, and it handles cases in both New York and New Jersey. During the pandemic, the firm hopes to help business owners cover some of the damage done by coronavirus by getting them full payouts on their business interruption insurance.
Many businesses have lost significant portions of their income due to closures and limited hours as part of government restrictions aimed at combating the coronavirus pandemic. One way that many businesses have hoped to regain some of the money lost is by using their business interruption insurance policies, which would cover lost profits and even operating costs when the business isn’t open.
However, many owners are facing denials of coverage, delays or underpayment by their insurers when it comes to coronavirus-related coverage. Gersowitz Libo & Korek, P. C. are looking to help business owners with business interruption insurance get what they need.
The law firm states that either contingent business interruption or civil authority clauses in insurance policies may provide coverage for losses relating to coronavirus. Civil authority coverage protects a business owner from closures relating to government restrictions related to causes outside of the business. Gersowitz Libo & Korek, P. C. recommends that business owners that have such coverage should consult their local experienced business interruption insurance attorney to determine if they are eligible for further coverage.
Gersowitz Libo & Korek, P. C. are offering their legal services to help business owners to fight for their due coverage. Interested business owners can call Gersowitz Libo & Korek, P. C. at 1-(212) 385-4410 or visit the link above for more information.
Release ID: 88987116