Corona Virus and Loss of Business Income

https://www.nationalphotographersinsurance.com/post/corona-virus-and-loss-of-business-income

I am getting a lot of questions surrounding concerns related to the virus. There is no property or loss of income coverage under the BOP that is triggered by this virus, or any illness.

Business Income, Business Income from Dependent Properties, and Civil Authority coverage's are all tied to & triggered by property coverage. Those coverage's apply when there is physical damage that interrupts the business operation. (The difference between the three is simply where the damage/loss occurs). In any event, the damage must be the result of a covered loss… and there are exclusions for virus, bacteria, and pollutants.

Loss of Income coverage never applies as a result of consequential losses such as illness, fear of illness, injury, inconvenience, etc.

I am sorry so many are feeling the effective's of this pandemic.

Carriers represented - Allstate, CNA, Hartford, Travelers, Liberty Mutual (Safeco), Utica First, Progressive, National General, Main Street America Group, United States Liability Insurance, Hiscox, Lloyd's of London, and more. Licensed in Alabama, Alaska, Arizona, Arkansas, California (offered in CA by Howard Burkholz Insurance Agency #0K23532), Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennesse, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.

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Howard Burkholz

T: 801-451-8880

Chuck Eagleston

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