The coronavirus pandemic is having a devastating impact on the global economy, and its effect on businesses throughout the United States and St. Louis area is significant. Closures, social-distancing, and shelter-in-place directives have profoundly affected small businesses. The local, state, and federal governments may bring some relief, but many businesses may already have a remedy to recover some of their losses.
Most business owners have secured business insurance for unforeseen events or occurrences, such as the COVID-19 pandemic, to protect their business and employees’ livelihood. In most business insurance policies, there is coverage available for “business interruption.” Unfortunately, insurance companies don’t always meet their client’s expectations. During one of the most stressful and difficult times in life, insurance companies often avoid fully compensating their customers by denying, delaying, and undervaluing their claims. The current pandemic is no different, insurance companies have already been preparing reasons to deny COVID-19 business interruption claims.
The attorneys at Walton Telken, LLC routinely handle claims against insurance companies, and their acts of bad faith, and want to help local businesses during this unprecedented time. The attorneys at Walton Telken, LLC are investigating claims on behalf of business and business owners resulting from the COVID-19 business interruptions. Walton Telken, LLC handles these claims on a contingency fee basis, to ensure local businesses do not have to expend any more of their financial resources during this difficult time. Our firm gets paid only if we are able to collect. Contact us at 618-307-9880 for a free consultation.