Ethan Gross, JD, CEO Globe Midwest Adjusters International

Increased Vacancies Require Immediate Action to Protect Against Financial Risks

The vacancy rate in commercial buildings is increasing, and will continue to increase as the full economic impact of the COVID-19 pandemic continues to unfold. As a result, building owners and managers are at greater risk of suffering uninsured, or underinsured, damage to the properties in their portfolio. We are sending you this information as you are a property owner or a trusted legal advisor and counselor. Immediate action should be taken to protect and properly insure these properties to prevent further financial losses.