Corona Chronicle #41: Insurance and lawsuits during COVID-19- Ben Wolkov- Miami, FL
Restaurant Unstoppable with Eric Cacciatore · Eric Cacciatore
April 17, 202030m 12sExplicit
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
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
- 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