Business Interruption Claims for Restaurants Due to COVID-19
If your restaurant has had to close temporarily due to theft, natural disasters, or even restrictions designed to stop the spread of COVID-19, you may be entitled to a business interruption claim for your restaurant.
Do you have a business interruption claim for your restaurant in North Carolina?
Restaurant owners have been some of the hardest hit during the pandemic, as shelter-in-place orders have kept customers away and often prevented restaurants from operating altogether.
At Riddle & Brantley, we can help guide you through the process of filing your business interruption claim for your restaurant in North Carolina. If you have suffered severe financial losses due to COVID-19 or an unexpected disaster, call us at 1-800-525-7111 for a FREE consultation with one of our business interruption claim attorneys.
Even if you’ve already been denied by the insurance company for your coronavirus claim, you may still have a valid claim for business interruption compensation for your restaurant. Don’t wait — call 1-800-525-7111 today and let’s review your case.
There is no obligation and you won’t pay any attorney fees unless we win your case and you receive compensation.
What is “business interruption insurance”?
Business interruption insurance, also called “business income coverage” or “contingent business interruption insurance,” is insurance that is designed to cover a business’ financial losses in case of a “peril.” It is often included as part of a business owner’s insurance policy.
“Peril” is typically defined as one of these disasters:
- Mechanical Breakdowns
However, other perils may be covered by business interruption coverage for restaurants. You may have a coronavirus business interruption claim for your restaurant in North Carolina.
Specific coverage varies and depends upon your insurance policy, so make sure to check your policy to see what is stated as covered.
Our North Carolina business interruption lawyers can help evaluate your policy and help determine if you have a claim for your restaurant. For a FREE, no-obligation consultation regarding your restaurant business interruption claim for COVID-19 or another peril, please call 1-800-525-7111.
There is no obligation and you won’t pay any attorney fees unless we win your case and recover financial compensation for your restaurant’s losses.
If you’ve been denied business interruption compensation for your restaurant, you may have a claim and we may be able to help. Please call 1-800-525-7111 and let’s review your policy and see if you have a case for compensation.
“Can I file a business interruption claim for my restaurant?”
If you have suffered significant financial losses at your restaurant due to “peril” (possibly including loss of business due to the COVID-19 pandemic), you may qualify for a business interruption claim.
Each policy differs so it is important that you check your policy carefully to see if your losses are covered. Our North Carolina business interruption attorneys can help evaluate your policy and determine if you have a valid case.
For a FREE consultation with an experienced business interruption lawyer handling coronavirus claims for North Carolina restaurants, please call 1-800-525-7111.
There are no upfront costs and you won’t pay any attorney fees unless we recover financial compensation for you and your affected restaurant.
Please call 1-800-525-7111 for a free, no-obligation consultation concerning your restaurant COVID-19 business interruption claim.
Business Interruption Insurance for Restaurants’ Extra Expenses
In addition to losses, business interruption insurance can also cover reimbursement for extra expenses. For example, if your restaurant was forced to build an outdoor dining facility due to COVID-19 restrictions, you may qualify for reimbursement under your business interruption insurance.
“Do I have business interruption insurance?”
Most business owner insurance or commercial property insurance includes business interruption insurance. Many restaurant owners may have business interruption insurance and not even know it.
Additionally, many policies are “at risk,” meaning that unless the policy specifically excludes an instance, your losses are covered.
This may mean that your restaurant has a valid claim for COVID-19 business interruption compensation.
Insurance companies won’t help guide you through the nuances of your plan, but Riddle & Brantley’s business interruption attorneys are here to help.
Please call 1-800-525-7111 for a FREE review of your insurance plan to see if you may qualify for a business interruption claim for your restaurant due to COVID-19 or another peril.
“Do I qualify for a business interruption claim for my restaurant due to the coronavirus?”
In addition to the typical instances of “peril”, in the wake of the COVID-19 pandemic, restaurants have suffered severe losses due to stay-at-home orders and may also qualify for business interruption insurance.
However, many insurance companies have begun issuing statements saying they are NOT covering COVID-19 losses and have already denied many claims.
That’s where Riddle & Brantley can help. Even if you’ve been denied, you may still be entitled to compensation under your policy. Please call 1-800-525-7111 and we will review your policy for free, and help you determine if you qualify for compensation for coronavirus-related losses.
The consultation is 100% free and there is no obligation. You won’t pay a dime in attorney fees unless we win your case and you receive compensation for your restaurant’s business losses.
“What are my obligations as a restaurant owner for filing a business interruption claim?”
While your obligations vary depending on your policy or the losses that you sustained, typically you need to show that you attempted to stop further losses by taking action.
If your restaurant was forced to close because you could not comply with COVID-19 regulations, for example, you may need to show what steps you have taken to come into compliance.
If your restaurant was damaged by a natural disaster, you may need to show how you’ve reinforced the structure to prevent future damage.
“Why should I hire Riddle & Brantley for my business interruption claim for my restaurant?”
Business interruption insurance policies can be purposefully vague and complicated, and our attorneys are experts at decoding these difficult documents and finding claim opportunities that your insurance company may not want you to find.
There also may be actions you can take to help you qualify for compensation. But all of this is buried in fine print designed to keep you guessing about whether or not you qualify. Riddle & Brantley’s expert business interruption lawyers are dedicated to getting your restaurant the compensation you deserve to keep your doors open and continue serving your community.
Your insurance company has lawyers dedicated to protecting them. You should have lawyers dedicated to fighting for your rights as well.
At Riddle and Brantley, we have decades of experience fighting for restaurant and business owners to get them the compensation they deserve.
Call 1-800-525-7111 or fill out our convenient form to speak with our experienced business interruption claim attorneys and let us fight for you if we can.
“Riddle & Brantley found me all the available money from the insurance companies.”
–David Howard, Riddle & Brantley client
Justice Counts for North Carolina restaurants that have suffered devastating financial losses due to the COVID-19 pandemic or other perils, and we are committed to helping you get the help that you deserve.