Tuesday, May 5, 2020

Feeling Sorry for an Insured

One of the sets of people I have gotten involved with over the course of life are insurance coverage attorneys.  Some represent insurance companies.  Others represent their policyholders.  I have dealt with those on both sides as part of several coverage disputes.  Some of those attorneys I would trust with my life.

As you may suspect, I know what makes a good one.

COVID 19 has become the center of my life as I am now dealing with business interruption claims.  It will also be litigated, and one insured decided to go to attorney.  Go directly to attorney.  Do not pass Go.  Do not collect $200.00 when it came to their business interruption claim.

I spoke with him on the phone the other day and I asked, "So, what is your theory of coverage," in light of the fact that many of these claims are not covered.

The man was a deer caught in the headlights, and I had to articulate his theory for him.

Good luck to that insured.  She will need it.