Are Superstorms Becoming the New Norm?
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About 85 hurricanes, typhoons and tropical cyclones occur worldwide each year, according to the National Aeronautics and Space Administration. Even if youre not located in a region prone to tropical storms, businesses everywhere should have a plan to control losses from what may be becoming a persistent risk. Consider these three essential loss control items to prepare for any weather disaster:
- Backing up critical data at a location outside of your state or region
- Anticipating supply chain disruptions and having a backup plan for using alternative vendors
- Reassessing your insurance coverage to ensure youre covered for every risk associated with a superstorm or other severe weather
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