Insurance Litigation Lawyers in Cleveland

If your company is struggling financially or shut down due to the COVID-19 emergency Spangenberg’s team of insurance coverage and litigation attorneys has extensive experience taking on major insurance companies for our clients who have had their claims denied, delayed, or undervalued.

Closures Covered by Business Interruption Insurance

Business interruption insurance is meant to provide insurance when your company cannot continue business as normal due to unforeseen circumstances beyond the business’ control. With this in mind, insurance companies should take filings seriously when the policyholder has an eligible reason to seek coverage provided through the policy.

Coverage Provided Through Business Interruption Insurance

Depending on the terms of the policy, you might get the following financial coverage from your business interruption insurance:

• Money equal to your average monthly profits.
• Costs associated with typical operating costs.
• Expenses your company paid to train or hire personnel due to the interruption.
• Other damages incurred when the government or civil authority orders your business closed.

Special Considerations for the Coronavirus Pandemic

The coronavirus emergency has shut down an unprecedented number of businesses as people are ordered to stay inside their own homes for months to limit the virus’s spread. Thousands of small businesses across the country are feeling the financial pressure to pay their expenses with no or reduced income .

If your business has been impacted by the coronavirus pandemic, Spangenberg Shibley & Liber can evaluate your coverage and advise you about your rights and options for recovery.

Using our decades of experience dealing with insurance companies, as well as our knowledge about developing coronavirus news and legislation, we can help evaluate your rights and potential claims.

Contact us online or call 216-696-3232 to arrange an initial consultation with our lawyers.