Are Superstorms Becoming the New Norm?
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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