Key Takeaways
- Focus today is mainly on the Thomas Keller lawsuit against his insurance company
- Fine dining is being hit hardest in our industry; it's a business model that doesn't translate AT ALL to pickup only
- US insurance companies have approx. 800 billion put away for claims; that is nowhere near enough to fund the US restaurant industry during COVID-19
- If you have "business interruption" insurance you should probably file a claim
- Most insurance policies have a window of time after the even before you can no longer file a claim; act quickly
- Many policies have a "virus exclusion" so be aware of that before you file a claim
- Use social media to gather public support
Resources mentioned in this Chronicle:
Restaurant Unstoppable with Eric Cacciatore