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Where the Hotel Industry Stands with Business Interruption Claims
Will Florida Business Interruption Insurance Cover Losses Due to COVID-19 Closures?
May 21, 2020
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In an article for Hotel Management, published on May 22, 2020, Malik Law attorney Imran Malik encourages hoteliers to explore all their available insurance options for short-term relief and long-term recovery from the COVID-19 pandemic. Malik writes, “At first glance, business interruption coverage would appear to be an easy claim to file for the COVID-19 crisis.” However, he warns, “Many insurance companies have already begun to signal their intent to deny pandemic-related claims.”
Malik explains the basics of business interruption insurance, and why hotel owners should still consider their options and carefully review policies to look for specific ambiguities or omissions that could allow for coverage. “To get answers to your questions about business interruption insurance, you should have an experienced insurance claim attorney examine your policy,” writes Malik.
To read more, please visit Hotel Management here.
