Kapasu Insurance Services Inc. Blog
Covid-19 continues to be a worldwide concern. Business owners now ask the critical question of whether their commercial insurance policy can cover their financial losses due to the pandemic crisis. This article can help business leaders know what their commercial insurance policies can cover and where they can improve.
The coronavirus outbreak resulted in the shutting down of several industries worldwide. Many business owners are now wondering how this would affect their business insurance policy and what actions they may need to do now that most of their employees are required to work even remotely still.
Worldwide, the pandemic crisis has forced people to stay home to reduce virus transmission. With this significant change in people's daily lives, many are concerned about its effects on household bills, especially home insurance. Listed here are some impacts of coronavirus on the home insurance industry.
The coronavirus outbreak has dramatically affected the car insurance industry. Naturally, financial security is the topmost priority of most people. Since people rarely use their automobiles due to the pandemic, many car owners may cancel their car insurance to decrease their costs. For this reason, insurance companies have adapted to the challenges brought by COVID 19. Here are a few crucial changes in auto insurance policies:
Old Town Victorville-Veteran's Memorial-Seventh St-Forrest Ave photo by Mlpearc | CC-BY-SA-3.0 | Website by InsuranceSplash