Protect Your Business From Flooding

7/12/2019 (Permalink)

As a business owner, dealing with a disaster at any time can be devastating for your company. Unfortunately, floods are one of the most common physical damage disasters that a business may face. Prepare your business to the best of your ability for a possible flood by taking the following steps:

• Invest in flood insurance. Basic commercial property insurance does not always cover floods, so it is important to have flood insurance just in case, especially if your business resides in a highly flood susceptible area.
• Have a continuity plan. Prepare for the worst possible situation, such as not being able access your facility for an extended period of time, and have a back up plan on how you can continue limited business. At the very least, be such to keep critical equipment, materials or other components well above the ground, and make sure you have a back-up of necessary items in a safe location.
• Use flood barriers. If a flood is predicted to occur in your business’ area, prepare for the worst and use flood barriers around the premise.