Insurance Landlord, Leases, and Evictions Legal Resources
Insurance policy holders should contact their insurance providers directly to check what coverage is provided by their policy. Additionally, the North Carolina Department of Insurance has offered this statement on their website:
“Coverage Related to the Coronavirus Health Emergency: With the recent pandemic of the coronavirus, some business owners may be wondering whether their insurance policies cover losses resulting from a business shut down or other losses related to the coronavirus.
Under the business income policy, there likely is no coverage as losses occurring as a result of a virus or bacteria are typically excluded. Business owners with questions about their coverage should contact their agent/broker or insurer directly and consider whether it is in their own best interest to file a claim.
Please note that the North Carolina Department of Insurance does not have the authority to require insurers to extend coverage under the policy where specifically excluded or to sell this type of coverage to consumers.”
Landlord, Leases, and Evictions
Businesses are encouraged to speak with their landlords and discuss these options or other alternative arrangements with them. During the March 17 City Council meeting, council members encouraged landlords to work together with small businesses during this difficult period.
The Greater Raleigh Chamber of Commerce has a list of resources to help with legal advice, information on employment law, employee paid leave and other benefits.