Restaurant Unstoppable with Eric Cacciatore

Key Takeaways

  1. Focus today is mainly on the Thomas Keller lawsuit against his insurance company
  2. Fine dining is being hit hardest in our industry; it's a business model that doesn't translate AT ALL to pickup only
  3. 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
  4. If you have "business interruption" insurance you should probably file a claim
  5. Most insurance policies have a window of time after the even before you can no longer file a claim; act quickly
  6. Many policies have a "virus exclusion" so be aware of that before you file a claim
  7. Use social media to gather public support

Resources mentioned in this Chronicle:

 

Direct download: 41_covid19_Ben_Wolkov_mixdown.mp3
Category:general -- posted at: 4:08pm EDT