Hurricane Season: How To Prepare Your Business

Small Biz Ahead

Episode Notes

Key Podcast Highlights

How Can I Prepare My Business for Hurricane Season?

• Have a disaster recovery plan: This should be a written document that outlines all the procedures, processes, emergency communications and key contacts if a disaster strikes.
• Back up your business data regularly: As a part of your disaster recovery plan, you'll want to make sure your business data is backed up on a regular basis. Having cloud-based systems or hosting your files with outside managed service providers can help ensure your data is protected. If it's stored on a cloud-based system or through a third-party, you can access it from anywhere.
• Consult a civil engineer: A civil engineer can help guide business owners on suggested improvements to your water damage protection systems, especially if your business is located in a flood zone (like drains or drainage pumps).
• Reach out to your insurance provider: Your business insurance carrier can help guide you through risk management upgrades to their business, like automatic gas shut offs and water damage protection sensors. These upgrades can help them lower your chances of having to file costly property damage claims in the future.
• Get commercial flood insurance through The Hartford: Even if you already have business property insurance, that's not enough to protect you against floods. In addition to business property insurance, you'll likely need flood insurance if your business is located in an area that experiences hurricanes. The Hartford provides commercial flood insurance through the federal government’s National Flood Insurance Program (NFIP), managed by the Federal Emergency Management Agency (FEMA). Congress established the NFIP in 1968 to protect property owners from suffering financial losses due to flooding.

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