Hurricanes can cause severe business interruption. Having a comprehensive business continuity plan is essential to help mitigate your risk and safeguard your employees’ wellbeing before and after a hurricane.
- Pre-Planning: Before Hurricane Season Begins
- What to do when a Hurricane Warning or Watch is Issued
- Filing a Claim after a Hurricane
Pre-Planning: Before Hurricane Season Begins
The time to start talking with your Gallagher representative is before a hurricane season begins (before May). It’s critical to secure the appropriate coverage, understand what is covered under your current property policy and update existing property schedules. Items to confirm for named storm, wind and flood exposures include:
- Deductible(s) for property damage (% deductible)
- Time element
- Claim preparation coverage limits
- Ingress/egress coverage (limits and triggers)
- Civil authority coverage (limits and triggers)
- Service interruption coverage
- Water backup coverage via drains, sewers, pumps
To assist you in hurricane preparedness, we’ve put together a Hurricane Preparedness Checklist and Flood Preparedness Checklist.