They should be able to provide you with a better understanding of your state specific rules and also your company policies.

Some main differences from 2008 and now is that the banks and government have a better playbook towork from to keep people in their homes, most of the loans involved borrowers that could actually afford their loans, and the big buyers of distressed debt from the last cycle are getting ready to handle whatever scenario we end up with.Just my opinion :)

You can reject an applicant for any reason you want so long said reason isn't because they are part of a protected class as identified by Fair Housing policies.

He was Assistant Treasury Secretary in 2008 and "he learned two lessons from the 2008 financial crisis that are relevant today: The government was too slow and too timid in responding, and the government's targeted help to homeowners who needed it most did not help enough people."

Homeowners and tenants are being protected by government entities, for now. 

Some combine it with the Renovation Builders Risk and others will write it as a stand alone policy.

Are they hoping to have the government support with the stimulus package(s) and then just pay back rents? 

In this post, we’ve attempted to answer some increasingly common questions.So far, the biggest challenges being faced are due to the Social Distancing policy we've reasonably been asked to adhere to by state and local authorities.

I am not totally on top of the news, but thus far all I have heard about is government backed loans (FHA, VA, Freddie and Fannie). 

Each investor is going to have to think about their own financial situation, the location, asset class, type of asset, specific tenant, and their own best estimations of the duration of the pandemic to arrive at their own policy for how to handle l late or missed payment.