Insurance agents across the country are being inundated with coverage questions as a result of the COVID-19 virus. As the governing authorities tighten restrictions on large gatherings, questions are rolling in about special events coverage. As restaurant businesses shift towards delivery services, questions are coming in regarding Hired and Non-Owned Auto coverage. Expiration dates and renewal premiums are also in question.
In these unprecedented times, none of us have a rule book to follow in response to how insurance coverage will apply to this virus. It is critical that everyone work to reduce or eliminate any chance of an errors and omissions exposure. Please see the below article link from the Big I of New York’s E&O Report that we feel effectively summarizes best practices for agents during this time.
Our team at NIF | Jencap will continue to work diligently to assist our agency partners during these trying times.
Read the full article How to Handle Questions Concerning Possible Coronavirus Related Claims.