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A Good Business Interruption Plan Requires More Than Insurance - Are You Prepared?

Posted by WSRB on December 10, 2012

 

 
Office building after California, Earthquake Oct. 17, 1989 (US Geological Survey)

 

According to the Insurance Information Institute, up to 40% of businesses that are forced to close by a natural or human-caused disaster never reopen. While Business Interruption Insurance is a vital part of getting back up and running after a disaster, it may not cover all of your needs. Luckily, there are many steps that businesses can take to help improve the odds of a full recovery after a serious business interruption.

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Topics: business recovery plan, Insurance underwriting, CSP Codes, Disaster preparedness, Home Fire Protection