It’s that time when the Australian summer rolls in, and unpredictable weather looms on the horizon. Whether it’s La Niña (increased rainfall), or El Niño (reduced rainfall) the storms cometh, and the bushfire risk increases.
However, with some careful planning and risk mitigation, you can keep your business moving forward and reduce the risk of a claim.
So, here are six things to check to ensure your business is summer-ready:
1. Building Maintenance
Check your maintenance programs are up to date and that any outstanding jobs are complete. Jobs include:
- Roofing – replace broken tiles and fix holes to prevent leaks.
- Gutters – remove debris to reduce overflow and fire risk.
- Trees – prune back trees to minimise storm damage.
- Shade Cover – ensure any shade cover is robust enough to withstand wild weather.
- Stock – protect any stock stored outside or in outbuildings from the weather.
2. Power Outage Plans
A power outage or surge is possible, whether it’s hot weather or a storm. Therefore, it’s prudent to check that:
- Equipment is working and protected.
- Equipment can be quickly relocated or sourced if required.
- Generators or other backup power sources are working and ready to run when needed.
3. Business Continuity Plans
It’s advisable to have a plan to tackle operational issues caused by severe weather events. Be it a flood, fire or storm damage, staff, customers, and suppliers must be kept safe and informed.
Check that essential data and documentation are backed-up and always easily accessible should the premises be impacted by a fire, flood or other event that disrupts your usual operations.
4. Staff Training
Now is an excellent time to explain the continuity plans to your team so they know what to do should the business be impacted by an extreme weather event or other business interruption event.
Whether it’s how to direct customers, remain safe or details of interim working arrangements, your team must know what to do in a crisis.
5. Check Insurance Cover
Check-in with your insurance adviser and review your business interruption cover. After all, it can be a lifeline for your business. Business Interruption cover can provide financial support to cover the loss of revenue and help with the expenses needed to get you back on your feet. Whether you have made no improvements to your premises or undertaken renovations, keeping your adviser and insurer up to date is essential.
6. Seek Professional Risk & Insurance Advice
Your insurance adviser can advise on continuity plans and risk mitigation, and ensure your business remains adequately covered during business interruptions. If you need help, contact Clear Insurance on 1300 721 132 or email email@example.com.