Winter Flooding- A Business Nightmare
When we hear winter storm we think of lots of snow but who thinks of Winter Flooding?
Winter often means a few snow days; the kids get to stay home from school, some days where some are snowed in and can’t make it to work but are we ready for a Winter Business Nightmare? Usually the snow holds for days with cold temperatures and eventually begins to melt as the temperatures gradually go up.
Ever think of having to worry about winter flooding?
Wonder if you will be able to get enough sandbags to prevent water damage to your business?
During winter, nah not really, right?
2014 brought some rigid temperatures in many parts of the United States. Although many in the hardest hit areas are seasoned pros at being prepared for the rigid temperatures and snow storms not many thought about all the flooding that would occur when the snow began to melt.
Seven feet of snow in Buffalo, NY proved to be a little more than just a winter snow storm. Flooding caused from the higher temperatures just days after the snow proved to be more of a problem than having to shovel the snow to get into businesses or homes. The impact that such flooding has on a business can be hazardous to its health.
Will your business survive a natural disaster?
Will your income restore quickly and allow your business to continue during the recovery and cleanup process?
We, at Crisis Prevention & Restoration, want to show you how restoration can begin immediately after a disaster with the proper preparation and in some cases business can continue without interruption. Businesses who don’t prepare frequently struggle to recover and many fail; few consider the impact and financial resources needed to restore, rebuild and start over.
Know what your insurance covers, flood policies are not automatically added.
No one can answer the question, “why do I need flood insurance” better than the residents of Buffalo, NY. It wasn’t until recent and sudden weather events did they believe it was a necessity. For some, this timing is too late.
Many families whose homes are not in designated flood zones requiring coverage have found themselves barricaded by mounds of snow and left with the scary realization that when it melts, the snow has to go somewhere. But what is covered by homeowners insurance and what damage requires an additional flood policy? Below are 5 facts the residents of Buffalo, NY and all homeowners should know about snowmelt and flood insurance. — Source; Bankers Insurance.—
1. Snowmelt. A mid-winter thaw can produce large amounts of runoff in a short period of time. Because the ground is hard and frozen, water cannot be reabsorbed. The water then runs off the surface and flows into lakes, streams, and rivers, causing excess water to spill over the banks.
2. Coverage. Although snow is a form of water, the pressure buildup of snow is not covered by a flood policy. However, once the higher temperatures hit, the snowmelt can lead to flooding which is covered by a typical flood policy.
3. Damage. Damage that is caused by pressure build up (snow pressure breaking through windows, roof damage, etc.) can differ in coverage from each carrier. Check with your insurance agent to see what types of destruction your policy covers.
4. Claims. With piles of snow building up against homes and businesses at such a fast pace, mitigation may not be possible – unless you are a snow shoveling machine. Take time to look over your coverage before the snowmelt hits. Take photos and move important paperwork to where it can be easily reached. If you have contents coverage, make sure your belongings have been well-documented (photos and catalogs). An itemized list will be required for damaged items, as may proof of purchase.
5. Relocation. Additional expenses to relocate are not included in a traditional flood policy. In some instances, if the home or business is uninhabitable, you can request an advance to use for relocation. Be advised this does not increase your total payment from the loss and will be calculated into the claim.
BONUS FACT: Most policy changes have a 30-day wait period for coverage to become effective. This means planning ahead is crucial. Just because you are not in a designated flood zone, does not mean you are protected from flooding.