Business Interruption Insurance

Insurance for business interruption (“BI”) provides coverage when a policyholder suffers a loss of income due to direct physical loss or damage to covered property at its location or at a related location.

Civil authority (“CA”) coverage allows a business to recover losses when any civil authority issues an order that closes their business or prevents their business from running its normal operations. These types of coverages can be tough to navigate through, which is why hiring a public adjuster is beneficial. We look out for your best financial interest.

Critical Information about COVID-19 & Insurance

The world is reeling from the impact of the COVID-19 (“Coronavirus Disease 2019”). Pandemics occur when new viruses emerge which can infect people easily and spread across borders via person to person contact in a persistent manner.

While it is impacting the world’s general population, it’s also heavily influencing various types of businesses as it expands its reach. Thus, there has been significant disruption of global supply chains, and possible forthcoming government-imposed closure orders. This situation is causing insurers and policyholders to closely examine whether their business insurance policies can be construed to provide coverage for the loss of business associated with this developing pandemic.

COVID-19 Business Interruption, Civil Authority, and FAQs Regarding Insurance Coverages

The spread of COVID-19 and the efforts to minimize those impacts have unleashed an economic wrecking ball into many Hawaii businesses. Once a company starts looking for a way to avoid the financial blow, businesses should consider reviewing their insurance policies to see if they have coverage for the losses they have incurred.

While the answers to these questions depend on the language of each insurance policy, Hawaii Public Adjusters has developed this general guide in hopes that it will shed some light on what we hope will be your path towards a successful recovery.