Home Page Home Page Newsletter Contact Us Get A Quote Business Insurance Home & Auto Commercial Property Life & Health Insurance
Get A Quote

Thousands of businesses damaged by Sandy have been turned down by their insurers.

Insurers are contending the damage was caused by a flood at a Con Ed substation on E. 14th St. during the superstorm, and that a “business-interruption” insurance policy held by many local eateries and shops doesn’t cover that destruction, Crain’s New York Business reported.

In response, more than 100 of the local businesses have filed complaints with the state.

“I understand there are exclusions to policies, but it seems to me that they had to dig down in the trash pile to find this exclusion,” Ken Sofer, co-owner of eight fast-food eateries, told Crain’s. Reuven Blau

For more information on business insurance claims give us a call at (718) 448-9350.
Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2013

View Mobile Version
J.N. Kane Agency, Inc 1925 Clove Rd | Staten Island, NY 10304 | Phone: 718-448-9350 | Fax: 718-448-9353Powered by Insurance Website Builder
Home Page About Us Our Services Newsletter Get A Quote Contact Us Blog RSS Feed