POTUS address today re: Business Income/Extra Expense for small business (or large) - Insurance Fag here Watching POTUS and he began talking about Business Interruption coverage for small businesses, restaurants etc. I work in insurance (no we are not all the Devil) and I find this to be huge.  Currently the insurance carriers are accepting claim filings, and declining coverage. Many are declining (commercially) due to the fact that Business Interruption (BI) is a property coverage. This means people cannot trigger coverage without a physical loss. (think fire, water, hurricane etc. as he mentioned) He says he doesn't see 'Pandemic' as an exclusion. What he's really saying is that all of you people that are business owners can/should file Business Interruption claims.  He's also calling on the insurance carriers to do the 'right' thing and cover the loss. We already know there's going to be legislation on this across the country to afford or deny coverage and set precedent for future losses. (we're actively waiting to see what happens) If you have friends or family that own businesses that have been affected (whether it was to move to laptops to set up a disaster plan, to move to a new location etc. They should keep track of any/all incurred expenses including loss of income; payroll for key employees; marketing efforts once this is all over etc. etc. etc. If you keep logs of all of this and you file a claim, they will sift through what IS and IS NOT covered. My point - this could be a life saver for the Mom & Pop shops. (and it should be IMHO) No, I am not a lawyer. I have heard that CPA's are recommending filing claims even if they decline. I am in insurance, and do my best to keep the little guys afloat. (big too, we're all making the economy work & flourish again) This isn't exclusive to restaurants. This is business-wide. *Side note - many major USA carriers for personal accounts (think auto) are giving discounts back to their clients. 15% so far is what I've seen for the 2 months of shut down because people aren't driving; aren't getting into accidents etc. Spread the word to your friends. It's not a ton (maybe on average $50 or so) but to someone that isn't receiving their normal $$ that could make or break things. I wish it was higher, but I think that's fair considering they're not required to do so. Best of luck to all of you that are affected. I know this group is vigilant and will make the best of things. Peace & Love.