Does Your Business Have a Disaster Prep Plan?

Whether your business is small or large, having a disaster prep plan is essential to your survival. In the event of a disaster, your workforce can act quickly and decisively to protect your business interests. These tips from Paragon Independent Insurance Agency can be helpful in developing a disaster prep plan for your Plano, TX business.

Review Your Commercial Coverage

Review your commercial policy to ensure your Plano, TX business has adequate protection against disasters. This includes property coverage to protect your building, equipment, and inventory and business interruption to cover your losses if you have to close temporarily for repairs after a disaster. Your policy should protect you against common disasters in your local area.

Mobilize Your Workforce

Prepare your team by educating them on disaster readiness. Make sure your building has clearly marked escape routes and that your employees know what to do in the event of a disaster. Delegate specific duties to your managers to ensure essential tasks get done both during and after a disaster.

Protect Sensitive Documents

Make sure your sensitive documents are safely backed up in the cloud or copies stored in a separate location to prevent their loss in a disaster. This includes personnel files, customer data, financial records, business contracts, etc.

Set Up a Communications System to Handle Disasters

Set up a system for communicating with your employees, customers, suppliers, and business associates so they will know the status of your business after a disaster. This could include hiring a call center to take customer calls or using social media to keep the public informed of your situation.

By preparing for disasters in advance, your business is in a better position to handle and recover from the aftermath of a disaster. For commercial coverage protection against natural disasters, contact Paragon Independent Insurance Agency today.