Disaster prep is just as important to a small business as it is for large corporations. If you own a small business in Milwaukee, WI, it’s your responsibility to develop a plan for handling emergency situations that may arise. Purchasing commercial insurance from Dern & Company is a good start to protect your business assets against catastrophes. Here are a few other reasons why disaster prep is so important to your company.
Protects Your Employees
A disaster preparedness plan can protect your employees in the event of a disaster. Your plan should include a means of warning your employees of impending dangers and secure routes of evacuation to enable them to escape quickly and safely. An effective emergency plan can help prevent injuries or even death of your employees.
Supports Business Continuity
Preparing your business for disasters can help prevent shutdowns and delays in business operations. Your supervisors and employees will know what to do to keep the business going after a disaster. This may include working from home or opening a new business site in Milwaukee WI where you can communicate with your clients and business partners and carry on.
Disaster prep can help facilitate your recovery from a disaster. Your commercial property insurance will help cover disaster repairs to your business location or replacement of business equipment and inventory that are essential to business operations. Having business interruption coverage is a plus as you’ll be compensated for lost revenue and other business expenses if your company has to close for disaster repairs. The right commercial insurance coverage will expedite your recovery by providing valuable financial resources to get your business up and running again after a disaster.
To purchase commercial insurance protection for your small business in Milwaukee, WI, contact Dern & Company today.