Corona Chronicle #41: Insurance and lawsuits during COVID-19- Ben Wolkov- Miami, FL
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Key Takeaways Focus today is mainly on the Thomas Keller lawsuit against his insurance company Fine dining is being hit hardest in our industry; it's a business model that doesn't translate AT ALL to pickup only US insurance companies have approx. 800 billion put away for claims; that is nowhere near enough to fund the US restaurant industry during COVID-19 If you have "business interruption" insurance you should probably file a claim Most insurance policies have a window of time after the even before you can no longer file a claim; act quickly Many policies have a "virus exclusion" so be aware of that before you file a claim Use social media to gather public support Resources mentioned in this Chronicle: Email: [email protected] Here is a link to the AXS Law Group YouTube channel And more specifically a playlist related entirely to COVID-19 and the law