As novel coronavirus cases multiply across the country, states and localities have put in place social distancing and shelter-in-place orders to slow the spread of the virus. The markets are down significantly and there has been a staggering number of unemployment filings. Coronavirus has disrupted all aspects of life in the country, and the full health and economic effects of COVID-19 won’t be known for months. For Property and Casualty (P&C) insurers and self-insurers there will be impacts on many aspects of the business and coverages, both directly and indirectly. The article addresses the potential impact to claims costs and premiums across P&C coverages and actions that companies should consider in responding to not only the current challenges but also the future responses and opportunities as well.