What could be done other than breaking the policy and continuing construction? 

Airbnb is already lobbying for this so hopefully some headway is made and hosts losing ten of thousands of dollars a month due to unfair cancellation policies (whole other argument) can recoup some losses and at least be able to pay their mortgages.

One is a cash-value policy, the other is a replacement cost policy. 

The housing collapse from a decade ago, people thought was the worst recession since the great depression, but completely gloss over the early 80s recession where unemployment reached higher levels, and without the kind of social safety net we had in 2008.  

With that being said, if this happened in one of our units and you were a good tenant with a good history and it was an honest mistake I would require you to attend weapon safety remedial training before allowing your lease to continue, if you refused we would terminate your lease.

@Milton Alvira I think it will all depend on how long the social distancing policies last.

-As far as unemployment benefits available immediately upon full or partial loss of work https://www.nhes.nh.gov/services/claimants/index.htm I'm guessing that some of the available resources will get used up pretty quickly if the rate of business closings and job loss approaches the levels that some have predicted, so if you're in a bind, it makes sense to seek these resources sooner than later.As has always been our policy, we will make reasonable efforts to work with tenants who are financially affected by the pandemic with the intent of getting through this together, but publicly funded and private charitable organizations should be utilized first.Best wishes from my family to all of yours.Troy_________________________________It is my hope that these messages set the stage for tenants to do what is in their power to meet their rental obligations, as well as to remind them that I care about them and will work with them to get through this so long as they show that the consideration is reciprocal and that they care about about our interests as well.

During that time, the IRS will not charge interest or penalties.As of this writing, the IRS had not yet issued formal guidance on the policy. 

The “key” elements of the transaction are explored first and usually, the most intensively.The buyer should provide the seller a comprehensive disclosure statement and include a term in the purchase agreement that obligates the seller to return the document within 5 days of acceptance.Professionals are hired to complete Phase 1, 2 & 3 reports that identify potential or existing environmental contamination and all other elements of elements that are difficult for the buyer to effectively evaluate.Financial Checklist3 years profit & loss statementsRent roll with space number, name of resident, move-in date, renter or owner occupied, number of occupants, monthly rent, additional charges, current balance due and any relevant notes about the residentList of capital expenditures for the last 3 years3 years of tax returns12 months of bank statementsCurrent accounts receivable statementList of park owned home including copies of “rent to own” or sales contractsCopy of all current insurance policies, binders and premiumsSpreadsheet detailing who pays all utilities including water, sewer, gas, electric, trash, cable, etc…For all utilities and charge backs, formulas, calculations and meter readings for the past 12 months3 years of utility billsProperty tax bills for the last 2-3 yearsCurrent staffing list including position, wages, job descriptionsCopies of any contracts that will transfer to buyer including laundry, trash, phone, equipment, etc…Dates and amounts of the last 3 rent increasesSigned rules and leases for each residentNames and contact information of professional service providers including lawyers, accountants, engineers, insurance brokers, inspectors, appraisers, realtors/brokers, etc…Physical ChecklistSpreadsheet for utilities that details age, composition, capacity, physical locations, etc…Any drawings or maps of the park and infrastructure including lot sizesSewer plant or septic system repair and maintenance recordsWater well tests and compliance recordsDisclosure from seller of current or recent problems with infrastructure including buildings, water, sewer/septic, gas, electric, etc…Names and contact information of contractors including plumbers, tree surgeons, electricians, gas inspectors, septic companies, roto-rooter services, etc…Locale ChecklistProfile local housing market:“Stick-built” – current foreclosure rate, months of available inventory, median home price, average rent per month, vacancy rateApartments – average rent per month, vacancy rate, prevalence of move-in specials…MHPs Comps – average monthly charges (rent, utilities, etc…), vacancy rate, # of homes for sale, etc…Profile local economy including population, major employers, unemployment rate and trendsCopies of city, county and state permits, licenses or certificates of occupancyCheck zoning for recent or pending changes to target property and adjacent parcelsCheck for known environmental issues with target property, adjacent parcels or in the communityCheck for major development or construction projects in the communityReview existing surveys or environmental reportsConsider geographic factors including elevation, annual snow fall, rain fall, proximity to bodies of water, etc…Disclosure from seller of current or recent lawsuits, regulatory or compliance issues, fines, fees, etc…

I know that landlord insurance is typically recommended with any rental property, but I'm not sure if its necessary for a live in rental like a house hack or if typical home insurance usually covers Should I get landlord insurance to protect myself or is a home insurance policy enough to protect myself from potential suites and such?