Hundreds of thousands of small businesses could be in line for insurance payouts covering coronavirus-related disruption following a landmark Supreme Court decision last week.

Under the ruling, more policyholders will now have valid claims against insurers for disruption they’ve faced due to the pandemic. The Supreme Court ruled that insurers have to pay out for partial closure of premises – as well as full closure – and for mandatory closure orders that were not legally binding.

In addition, small businesses may now be able to claim more cash than expected. This is because the Supreme Court said valid claims should not be reduced because of the argument that businesses would have suffered losses anyway, even if they weren’t told to close

We are advising clients to speak to their insurance provider to see if they are entitled to make a claim. If you are eligible to make a claim speak to us about loss of profit assessments so we can help support your claim.