It doesn’t matter if you are a business owner or simply a homeowner. You can be affected by adverse weather conditions in all parts of the country and the world. Even if the weather in your part of the country is warm and sunny, there may perhaps be a storm brewing elsewhere that could end up costing you.
There are two main groups of people that should take this concern very seriously; people who own seasonal or vacation homes, and business owners of all types.
Seasonal or Vacation Home Owners
Being in the northeast in the winter can be trying at times. Dealing with the cold and wind (not to mention all the snow we’ve been getting lately) is tiresome, to say the least. That is why some people opt to have vacation homes in sunnier locations as a respite from these harsh winter months.
In this example, a seasonal homeowner would need to make sure that their southern residence is prepared for all the catastrophes of that region. Flooding and hurricanes are especially prevalent in costal areas, and they can also suffer from the occasional tornado or hail storm as well.
This is also true for second homes in other parts of the country. As a vacation homeowner, it is your duty to ensure that your property is protected from all different types of misfortune. Check with your home insurance provider to make sure that you are protected from any calamities your abode could suffer!
Business Owners
As a business owner, you know that having comprehensive business insurance coverage is an absolute must for protecting and preserving your livelihood. It is likely that your insurance agent has double and triple checked to ensure that your business location is protected from any and all disasters that could befall it.
Have you considered, though, that adversity could also develop in other parts of your supply or distribution chains? What would happen, for instance, if your gingham supplier in Kansas were to suddenly be carried off by a twister? Would you be covered?
There are two types of business insurance coverage that can help ensure that this kind of loss doesn’t affect your business’s bottom line:
Contingent business interruption coverage provides coverage if and when any of your suppliers suffers property damage that results in your business being unable to accept their goods.
Contingent extra expense coverage provides coverage when you need to minimize your business’s losses because of damage done to your supplier. In simpler terms, it will typically cover any expenses you incur that are above and beyond your typical outlay to make up for the fact that your regular supplier is unavailable.
So, no matter if you are a business owner or a home owner, make sure that you are covered for all types of weather related events that could affect you by calling and speaking to a Vargas and Vargas Insurance agent today. We can help walk you through your coverage, and we will help make certain that your home or business will never be ‘under the weather.’
Call now! Our phone number is: 877-550-0025
