There are a lot of details involved in commercial insurance, and it may not always be clear how your business property might be covered if you’re hit by a major windstorm. Here are three tips that can help you understand your current coverage and make sure your business is prepared:
- Read your commercial insurance policies. Depending on the coverage you currently carry, windstorm losses may be covered under a general policy or a separate policy. In some cases, you may even submit windstorm-related claims under two or more policies—for example, if there was water damage in addition to direct wind damage. The better you understand how your business is covered in case of loss, the better prepared you will be when a storm does strike.
- Look for any gaps in coverage. Businesses evolve, change, and grow over time, and so should your commercial insurance coverage. Think about any major changes to your business properties, and make sure the policies your carry fully protect your business and suit your needs.
- Perform regular maintenance and inspections. A little bit of attention can go a long way toward preventing wind damage. Regular inspections of the grounds and buildings, as well as prompt repairs when needed, can help you spot potential problems and even avoid having to file later wind-damage claims.
For more help understanding commercial insurance coverage after a loss event, request your free copy of our book, Commercial Insurance Claims: The Basics, or contact our law office directly by phone.