Austin Business Interruption Attorneys
We Hold Insurance Companies Responsible
When a disaster occurs, business interruption insurance is crucial to the survival of your small or big business. Yet, what happens if your business interruption claim is denied? In such a dire situation, you need representation from a law firm with an unparalleled reputation for client success. The Law Offices of Vic Feazell, P.C. in Austin is that firm. Our extremely dedicated and passionate attorneys will fight your insurer on your behalf until you get the compensation your business is rightfully entitled to.
Call us today at (512) 271-5278 to see how our legal team can fight for the rights and interests of your Texas business.
Events Covered by Business Interruption Insurance
Business interruption insurance promises to compensate the insured for any income that is lost during the period of interruption. This interruption must result from some kind of disaster, natural or otherwise.
Examples of business interruptions include:
- Natural disasters, such as hurricanes or tornados
- Government directives that require temporary business closures
- Serious accidents
- Supplier failures
As you can see, if the government forces a business to close against the owner’s will, business interruption insurance should apply. However, insurance companies will often do whatever they can to avoid having to pay out, even when you have a reasonable claim.
Will My Insurance Cover Damages Caused by COVID-19?
State and federal orders enforcing social distancing and sheltering in place have forced widespread business closures and lost revenue throughout Texas and the rest of the United States. Because the government’s actions have caused businesses to face unprecedented financial hardships, your insurance company should be willing to comply with your insurance claim if you file because of COVID-19.
Yet, insurance companies all over the country have refused to acknowledge COVID-19 as an eligible excuse to claim insurance. An insurance agent may even try to convince you that pandemics are not covered by their business interruption policies at all.
The attorneys at the Law Offices of Vic Feazell, P.C. refuse to stand idly by while insurance companies attempt to bully businesses into bankruptcy. Whether your claim has been denied due to the coronavirus or something else, we can help you deal with a wrongful business interruption insurance claim denial.
Why You Should Hire an Attorney
Our Austin business interruption attorneys will assist you by reviewing your insurance policies and finding any available coverage options. Then we will contact your insurance provider to seek fair damages for as many as possible.
Though policy details may vary, you could potentially receive funds to help pay for:
- Any costs associated with temporarily relocating your business
- Monthly rent payments
- Profits you likely would have made during the closure period
- Wages and earnings for you and your employees
We are empathetic to your situation and are here to help, whether your business is small and local or part of a larger company. We will do whatever it takes to ensure your business’ survival and future success!
We are available 24/7 and are able to conduct consultations online and over the phone. Contact us now to schedule your free consultation.