The Chief Minister says talks will take place with property owners to gauge the extent of the flood damage on Friday.
There was damage around the Island during the storm surge with Ramsey and Castletown particularly badly hit.
Allan Bell was in his constituency during the floods to witness the extreme weather.
Speaking from Parliament Street, he said authorities and government will hear what business owners are facing:
Isle of Man inflation eases slightly to 2.8% in October
Rising restaurant, food and tobacco prices continue to drive inflation, while energy costs help offset increases
Progress on autism strategy welcomed
Strategy team's first annual report and Phase 2 Action Plan published
Paper car tax discs cost DOI £7,500 each month
Minister admits infrastructure is not in place to digitise process within this administration
Just over half the vehicles examined were defective
Notices were issued for faulty lights, worn tyres, and a missing wheel nut
Milan Vets extends farm services following feedback from clients
Services to continue beyond 1 November with update 'early in the New Year'