According to the American Red Cross, almost half of all small businesses that have been affected by a major disaster—such as a tornado, flood, earthquake or hurricane—do not reopen their doors because they were unprepared for the disaster. Therefore, it is necessary for business owners and managers to consider the fact that a natural disaster is possible.

Even if a hurricane does not put your company out of business, you may not be able to make contact with your customers or obtain important deliveries during the recovery process. To combat these risks, you must take the necessary steps before a disaster strikes to ensure business continuation.

Hurricane Preparation Suggestions

Consider incorporating the following hurricane preparation suggestions into your business to avoid unnecessary upsets in the event that disaster strikes:

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Insurance Considerations

In addition to the various precautions that you should take in-house, you should also have adequate insurance coverage to protect against losses. Contact Wells Insurance to discuss your needs and review the coverages that are right for you.

Beyond your typical policies, consider flood insurance and business interruption coverage policies. Also, have your business appraised every five years and provide appraisal documentation to Wells Insurance. In addition, conduct an inventory of your supplies and equipment, including photographs of these items and descriptions. Then leave this information in an off-site location.

Everyone at your facility should know what to do and how to prepare for a hurricane. Contact us for all your business contingency planning and property insurance needs.

If you have questions regarding hurricane season and how it pertains to your business insurance please feel free to reach out us insurance@wellsins.com or 910.762.8551