As we move toward the colder months, entire industries are still suffering from one of the greatest recessions in history. As businesses deal with the decline in revenue and profits, the fall out of COVID-19 is far from over. It’s still unclear how long it will take to recover from the rapid shutdown of businesses and job loss. The Carlson Law Firm has been steadily working to inform businesses about their insurance policies and what they could likely cover.

If your business is suffering revenue or profit losses, understanding what you need to do is important to get the compensation you are owed.

Industries most affected by COVID-19
As a major travel destination with a billion-dollar sports team, San Antonio has felt the ripple effects of COVID-19.


Hotel Industry
As conferences, conventions, and leisurely travel plans have slowed, the San Antonio hotel industry has suffered significantly from COVID-19 losses. On a national scale, occupancy rates are less than 50%—well under what most hotels need to survive.

Entertainment
The sports world has adjusted to the current pandemic by holding events without fans. The NBA’s bubble is just one extreme example of how some areas of entertainment are adapting. It has, however, been much more difficult for the movie theater industry to adapt. Months of closures, direct-to-streaming options becoming more common, fewer movies showing in theaters, and less attendance, the theater industry may be more reliant on business interruption policies than others.

Healthcare Industry
Many people are avoiding hospitals and clinics to avoid contracting the coronavirus. As the coronavirus pandemic rages on, hospitals have taken major hits because elective surgeries aren’t happening. Elective surgeries account for a significant portion of hospital revenue. In addition, dental clinics and other health clinics are also taking substantial losses from the historic financial decline in healthcare spending.

Small Businesses
Small businesses are a catchall of all of the other industries listed above. However, according to the SBA, small businesses account for 99.7% of employers in the United States. Over the last few months, many of us have watched as our favorite local-owned eateries, bars, and other establishments have shut their doors forever. For those that are hanging on, they may be able to find relief through a business interruption claim.

How We Can Help
The Carlson Law Firm is assisting hundreds of clients in claims against insurance providers. If you need the lifeline that the insurance industry is supposed to provide to keep your employees employed, consider the following steps:

Step 1: Find your business insurance policy
When you meet with a business insurance interruption lawyer, the first thing we need to do is determine what type of coverage you have. A lawyer from our firm will review your insurance policy free of charge to help you determine your next steps.

Step 2: File your claim
Even if your claim is denied, filing your claim is still an important part of seeking compensation for your business’s losses.

Step 3: Contact The Carlson Law Firm
We are a nationally recognized law firm that has been fighting for your rights for more than 40 years. Contact us to schedule a free case evaluation.

The Carlson Law Firm is offering free case evaluations to businesses in need. Contact our firm at 800-359-5690 or visit https://www.carlsonattorneys.com/practice-area/business-interruption to schedule a consultation with a Business Interruption Claim Lawyer today. 
 
About The Carlson Law Firm
The Carlson Law Firm has 13 locations throughout the state of Texas. For more than 40 years, The Carlson Law Firm has been standing up to the insurance industry. As one of the largest law firms of our kind in Texas, our firm has the resources to back our nationally-recognized attorneys.

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