Small business owners are having a devastating time with the COVID-19 pandemic.Most are either shut down or severely hemorrhaging with lost profits.I am frequently asked whether business owners have insurance coverage for this shut down and what they should do.

Tomorrow at 2:00 pm EST, I will hold our weekly discussion about property insurance and go over these steps in conjunction with a discussion about the term, “physical damage.” Many insurance company adjusters and lawyers are arguing that COVID-19 does not constitute “property damage,” as that term is understood in a property insurance policy.In my new book, Pay UP!, I give direct advise about what business policyholders should do following a loss.In Chapter 12, I go through steps which every policyholder should follow to help make their insurance company Pay UP! This is based on over 37 years of experience in the property insurance claims business and fighting for policyholders in lawsuits and courtrooms and seeing what works.

I hope public adjusters, policyholders and especially small business owners can join me tomorrow at 2:00 pm for what will be informative and pertinent to the current crisis, which has now turned into an insurance crisis.All you need is your smartphone or computer to watch and a Facebook account.Here is a link.