Commercial Property - Building Vacancy Advisory

May 13, 2020

State and local governments acted quickly to slow the spread of the coronavirus by requiring nonessential businesses to temporarily cease operations. The shutdowns have resulted in additional exposure and extensive financial impact. As buildings and projects have been suspended, one item of concern is how an insurance policy may respond to unoccupied or vacant premises. McGriff always recommends that clients file any claim or potential claim with the carrier as soon as possible in accordance with the policy. Get the full details in this Coronavirus Advisory.

Read the Advisory (PDF)