5 Tips to Get Your Business Ready for a Disaster

5 Tips to Get Your Business Ready for a Disaster

Every September, the Federal Emergency Management Association sponsors the National Preparedness Month to inform and remind those living in zones vulnerable to hurricanes to prepare for the worst.

As a business owner, you do not want to wait until September to make sure your company and employees have a plan of emergency.

The Rescue Team at Globe Midwest Adjusters International has assembled five tips to help get your business be as prepared as possible for when a disaster strikes.

1. Keep at least one fully stocked emergency kit.

It’s impossible to say for certain what conditions employees will endure after a disaster strikes but experts recommend that business owners prepare by stocking bottled water, blankets, first aid kits, batteries, whistles, plastic sheeting, dust masks, duct tape, wrenches, pliers, battery-operated radios, fire extinguishers, non-perishable food and also maps.

2. Be aware of the details of what your current property insurance policy covers.

Owners and managers should at least understand the basics of what the insurance policy exclusions are – how high the deductible is and which expenses will and won’t be reimbursed. This is also an opportunity to purchase additional coverage if you find out that you’re not happy with the details of your current policy. Even if you’ve never read your full insurance policy, you should have a good understanding of what it covers.

3. Put money aside for insurance deductibles.

Most insurance policies require policyholders to pay a deductible toward the damage. You should know how much that deductible will be and put that money aside in savings just in case you need to file a claim.

4. Prepare your business property for severe weather.

For business owners who also own and operate the property in which their business operates and also for those who operate rental properties, making some repairs in advance may help the building withstand storms better than if the property is in disrepair when the storm hits. This can include removing any trees that may damage roofs or windows if they break, checking for loose shingles, cleaning gutters and downspouts, and installing storm shutters and/or impact glass on all openings around the building. If your property does not meet current construction industry standards, making some simple modifications can help to reduce property loss in the event of extreme weather.

5. Make a detailed business inventory. 

Take pictures and/or videos of every room in your office and keep them saved in the cloud on a backup hard drive or in an offsite location such as a safety deposit box. This will help you create a record of your belongings just in case the building is destroyed in a disaster. Written lists in a Word document or Excel spreadsheet should also be recorded and updated whenever new equipment is purchased along with receipts for those items. Keeping detailed records both before and after the storm or a fire is critical when filing an insurance claim.

Commercial Claims Assistance for Victims of Hurricanes Maria and Irma

Commercial Claims Assistance for Victims of Hurricanes Maria and Irma

Our team of public adjusters is on-site in Puerto Rico and is available to assist victims of Hurricanes Maria and Irma. We will prepare, negotiate and settle your claim ensuring a full and fair recovery. Call us for help today at 800.445.1554!

Our heartfelt sympathy goes out to the many residents of Puerto Rico who were impacted by Hurricanes Irma and Maria. Although only a few weeks have passed since the violent windstorms made landfall, many business owners are focusing on their road to recovery — one that might be both long and challenging.

In our continuing efforts to assist affected business owners, we have compiled a series of links to important property damage and insurance resources:
If your commercial property was damaged or destroyed by Hurricane Maria, it’s important to know that our clients expressed two main sentiments:

1. Having us as their advocate made all the difference in their financial settlement. After they suffered a disaster, they needed an advocate with the experience to get results. Globe Midwest Adjusters International’s expert team of public adjusters used their unparalleled expertise in post-disaster financial recovery to help them to get what they deserved from their insurance company under their purchased policies.

2. We took the burden of the insurance claims process off their shoulders. Our public adjusters guided them through the entire claims process, performing a thorough evaluation of their property damage, interpreting their complex insurance policy and calculating loss amounts. Then we presented and supported their claim to the insurance company with the ultimate goals of minimizing the financial impact of the disaster while maximizing their final financial settlement. This allowed business owners to focus on running their businesses while we managed their insurance claim.

We’re happy to speak with you at no obligation. For additional information about the process ahead, contact us.

Globe Midwest’s Bobby Levin Interviewed About Hurricane Damage Insurance Claims by CBS Radio’s Sunday Edition

Globe Midwest’s Bobby Levin Interviewed About Hurricane Damage Insurance Claims by CBS Radio’s Sunday Edition

Many policyholders throughout the US are dealing for the first time with insurance claims resulting from Hurricane Harvey (which battered Texas, Louisiana and the US Gulf Coast in late-August), Hurricane Irma (which slammed Puerto Rico and Florida in mid-September) and Hurricane Maria (which plowed through the Caribbean and Puerto Rico in late September).

How should home and business owners manage the property damage insurance claims resulting from this onslaught of hurricane activity? Globe Midwest Adjusters International’s President & CEO Bobby Levin was recently interviewed by CBS Radio’s Sunday Edition about this important and timely topic.

When asked by the show’s host, Alisa Zee how owners of businesses and homes throughout the United States should handle the unique challenges they may face when filing hurricane claims, Levin suggests that they take several important steps including hiring a public adjuster to act as their advocate throughout the claims process.

“As a public adjuster, what we realize is that people have no idea what they’re entitled to. They have no assessment ability. What doesn’t look all that bad could be extensively damaged but the damage is not immediately noticeable. We are the property owner’s advocate. We understand the policy, we interpret the coverage. We do what you would do as the property owner if you knew what to do. You said, ‘You know what you know,’ and my response is, ‘You don’t know what you don’t know,” and there’s a lot that a property owner doesn’t know [about the insurance claims process]. Whether it’s a homeowner or a major public company or a government — it runs the gamut but they all don’t know what they’re entitled to.” – Bobby Levin, President & CEO, Globe Midwest Adjusters International

Levin also notes that it is important to pay attention to deductibles and to take steps whenever possible to counteract exclusions within the policy.

“I would tell you that an insurance policy is probably the most important document that anybody ever signs. It’s purchased to protect your assets that you’ve worked your entire life for yet it’s the least read. It’s certainly the least understood,” said Levin. “Until you need it, you don’t necessarily know what’s in it. Even if you do read it, you won’t truly understand what it is because of exclusions within the policy. Deductibles are especially important with what we’ve seen in Texas and other states. They’re a critical component with hurricane claims because they’re different than just basic deductibles.”