No matter where your practice is located, you are at risk to experience a natural disaster. Luckily you can take measures to prepare your practice whether you’re in Florida worried about hurricanes, California concerned about wildfires or Texas troubled by tornadoes.
While you hope a crisis never impacts your practice, a few natural disaster preparation tactics can help you make the best of a terrible situation.
Natural disaster preparation tactics
Your building and its contents are likely your biggest assets, and can also be the most costly. With these tips, your practice will be better prepared and protected.
- Risk assessment – Begin by evaluating the natural disasters that your area is vulnerable to and protect against them. For example, if your practice is along the Gulf Coast, you likely do not need coverage for earthquakes, but definitely need hurricane insurance, depending on your exact location.
- Research insurance options – After assessing the risks in your area, educate yourself on coverage options that make sense for your practice. Be sure to explore Business Interruption Insurance, which covers the loss of income should your practice experience a disaster. This coverage is also helpful, should a power outage disrupt your computer systems and close your operations for a day.
- Develop a disaster plan – Natural disasters are often unexpected, but there are many ways you can prepare in advance.
- Set up an emergency response plan and share it with employees. Document the plan and practice it regularly.
- Will you need a back-up source of power, water or food? Consider the supplies you may need in the event of a disaster and stock them.
- Keep duplicate records, or invest in software that will backup essential, sensitive documents. Cyber Liability Insurance may also be beneficial.
- If there is time before the disaster strikes, do what you can. Forward calls from your desk phone to a mobile phone, move equipment to a secure location, make sure electronics are unplugged, put sandbags around your building, etc.
- Decide how patients and employees will be notified of any potential delays, and who will be the point of contact for client communications.
- Stay up-to-date – Your practice’s risks will change over time, and perhaps even yearly. Review your company’s needs and insurance policies yearly to ensure you have the right coverage in place.
Learn more about preparing your business at today at 888.343.1998 or [email protected].
Coverage may not be available in all states and is subject to actual policy terms and conditions. Coverage is provided by an excess/surplus lines insurer which is not licensed by or subject to the supervision of the insurance department of your state of residence. Policy coverage forms and rates are not subject to regulation by the insurance department of your state of residence. Excess/surplus lines insurers do not generally participate in state guaranty funds and therefore insureds are not protected by such funds in the event of the insurer’s insolvency.