How Would your Business Cope with a Flood?

Area flooded do not enter signSwitch on the television, tune in the radio, or open a newspaper; and it isn’t long before you find another apocalyptic weather story. Today even the sceptics are beginning to agree that the climate is changing, and for island nation that’s likely to mean one thing: more flooding.

While the media concentrates on ‘human interest’ stories surrounding families hit hard by the rains; it’s easy to forget that thousands of businesses also fall victim to the weather. Taking out the right business insurance can help to get your business back on track should the worse happen.  And you might be surprised to learn that there’s cover available for everything from buildings and stock to business interruption.

Having the right insurance in-place will help in the event of a flood, but there are plenty of practical steps you can take to help minimise potential flood damage:

  • Keep a close eye on the weather and flood warnings with the Environment Agency’s online flood risk map
  • Raise essential equipment and stock off the floor. Consider storing computer servers and other expensive electrical equipment on an upper floor
  • Shelving used for storage should be securely bolted to the floor or walls
  • If you are unable to relocate  essential equipment seek advice about making your basement watertight
  • Move telephone sockets and electrical points higher up your walls
  • Replace fittings with materials that are less susceptible to water damage. For example: replace carpets with stone or ceramic tiles, curtains with metal blinds and wooden cupboards with plastic
  • Make a list of emergency contact numbers and keep it somewhere safe, include: your insurer, key clients, main suppliers and the local council
  • Back-up all data and keep copies of software. Today cloud storage is an increasingly safe and affordable option

If your business is flooded, there are certain ‘dos’ and ‘don’t’ which every responsible business owner and employer should follow:

  • Do exactly what the emergency services tell you
  • Act quickly and think of the safety of you and your employees first
  • Switch of gas and electric supplies
  • Do not walk through water deeper than 15cm
  • Try and avoid flood water altogether as it may contain nasty bacteria from sewage
  • Contact your insurer and talk through the steps you’ll need to take to get your business up and running

You can find out more about keeping your business’ head above water by getting in touch with our specialist commercial insurance team on Tel: 0844 888 0881

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