Will My Insurance Cover COVID-19 Losses?

In addition to the global health implications of COVID-19, voluntary and mandatory restrictions being implemented in an effort to "flatten the curve" of infection rates are disrupting business operations across a broad range of industries both nationally and internationally. At the same time as businesses are working to manage their own rapidly evolving operational responses, many are also considering the losses they face as a result of the COVID-19 pandemic and asking, "will my insurance cover this?"

The frustrating answer is, "it depends." Specifically, it depends on the wording of the insurance policies the organization has in place and the circumstances underlying the losses that arise. The answer in any specific case is best assessed through a review of the losses that arise in the context of the organization's insurance policies.