By: Advocate Brokerage
Even if your business is not physically located in the path of a hurricane, it can be affected by the sometime catastrophic damage left behind by a hurricane. Hurricanes can cause supply chain issues, airport closings, power outages, not to mention the fact that you may have customers or vendors located in the path of the storm. In short, they can cause a disruption to your business.
90% of Small / Mid-sized Businesses Fail Within A Year Of Disruption If They Can’t Resume Normal Business Within 5 Days
The best way to protect your business from a disruption due to the damage left in a Hurricane’s wake is to prepare for them ahead of time! With hurricane season on the horizon it makes sense to take steps now to make sure you’ve done all you can to prepare your business for this type of natural disaster. Our top tips for business owners who need to prepare their business for a hurricane are:
For all of us here at Advocate Brokerage, it is about more than just insurance, it’s about you. We never want to see our clients have the need to file a claim without adequate insurance in place to cover the loss. If you have not taken the time to have a conversation with us about your insurance portfolio and how to compensate for inflation, we encourage you to give us a call!