Are you covered?
Windstorm Insurance is a type of property insurance that protects your business from property damage caused by wind. Windstorm insurance covers the types of windstorms, such as hurricanes and cyclones, that are not always covered in your commercial property policy. Health clubs that are located in areas susceptible to this type of peril must purchase this additional coverage to protect themselves. This includes gyms located in coastal states and midwestern states, where tornadoes are common.
Strong winds and hailstorms can cause significant damage in very little time to a business’s property, resulting in costly repairs and potentially a lengthy business disruption. Beyond the typical structural damage from a storm, gale-force winds can push trees or other objects onto buildings, and hail can shatter windows and damage your exterior.
The National Oceanic and Atmospheric Administration (NOAA) is predicting a “near-normal” hurricane season in 2019, with between two and four major hurricanes expected. However, only two major hurricanes hit in 2018, but both made direct strikes on the United States, causing billions of dollars in damage and claiming dozens of lives.
The 2019 Atlantic hurricane season started on June 1st and will continue until Nov. 30. Additionally, we have seen a rise in tornados this year. In May, there were a record breaking number of consecutive tornados in the Midwest, causing significant property damage.
Immediately after a windstorm, it's a good idea to take the following steps:
Record the date of the storm and save news articles about the storm as proof.
Assess and record all damage that you see from the ground; take pictures and/or video.
Have at least two reputable contractors inspect your property, especially your roof, for damages. Get written repair estimates from each.
Contact the claims department of your insurance carrier, provide all information you have gathered and request a visit from a claims adjuster.
Ask one of your contractors to be present during the insurance adjuster’s inspection to ensure that you receive a fair assessment.
If your claim is denied, remember that you are entitled to meet with three different insurance adjusters. Request another evaluation.
Are you prepared for 2019’s Hurricane and Tornado season? Make sure you and your business are protected. Call us today for a quote and some peace of mind! (800) 881-7130