Consumer spending increases for the holidays and business picks up during the winter months. But winter weather also brings certain risks for businesses. The following are some top winter risks and how to protect your business from them.
Icy walkways and slippery floors from melting snow can lead to slip or trip and fall accidents on your business premises. Customers, employees, and other visitors can suffer serious injuries, including fractured bones and back and head trauma. To help prevent slip or trip and fall accidents:
When temperatures drop below freezing, the water in your pipes can freeze, causing them to burst. Water from burst pipes can cause hundreds of thousands of dollars in structural damage. To help prevent this type of damage:
An accumulation of heavy snow can cause a building roof to cave in. Too much snow on the roof can exert tremendous pressure on the structure. To help prevent snow damage to your building, do not let more than two feet of snow accumulate. Hire a licensed, bonded, insured contractor to remove it from your roof.
A major winter storm could shut down your business for days or weeks. Snowstorms can cause power outages and prevent you and your employees from showing up for work. If your employees can work from home, it may be wise to have a telecommuting policy in place. It is also important to have business interruption insurance coverage.
For protection against winter risks, your business may need several types of insurance coverage, including general liability, workers’ compensation, property, and business interruption policies. Our agent can help you find the best rates for the insurance protection your business needs.