Recent events with COVID-19 present a strange time in our history in which the overwhelming majority of businesses will suffer losses of some kind, whether from closure of business, cancellation of an event or from bodily injury claims arising out of customer’s or client’s exposure to the coronavirus on a business premises. Can businesses which sustain a loss or claim recover under their existing property or comprehensive general liability (“CGL”) policies? The short answer is maybe, but there will inevitably be a battle. All too often, insureds take NO for an answer all too quickly, but in certain circumstances, access to coverage may be available. This update provides a summary of coverage under property, event, and CGL policies and certain issues and exclusions that may be an impediment to coverage if included in the respective policy.
For more information on this or any other Insurance Law matter, please contact Beth Slagle, Andrew Noble, Joe Carroll, or any other Meyer, Unkovic & Scott attorney with whom you have worked.