Before hurricane-force winds and rain whip your business, have a plan in place to safeguard your merchandise and minimize loss. Jewelers Mutual Insurance Company offers a Hurricane Preparedness Guide on its website. The Guide is an invaluable resource to business owners, and we’ve included a small expert so you can preview its important tips.
If you’re hit by a hurricane or storm, you’re likely to sustain damage but, by following Jewelers Mutual’s tips to secure your merchandise, you can minimize your loss:
- Lease a bank safe-deposit box. Get a box located at the highest possible elevation off the floor. Place as much high-valued property as possible in individually sealed plastic bags in the safe-deposit box.
- Extra Tip: Make sure you have insurance coverage for the property stored in the safe-deposit box.
- Secure as much property as possible inside your safe. Attach a note to your safe with a return address should the safe be found outside your premises after the storm.
- Property that cannot be secured in a safe-deposit box at the bank, in a safe, or in a vault on the premises should be secured in a locked room inside the premises.
- Seal showcase displays in plastic bags and store inside display cases. If possible, seal showcase displays inside larger plastic bags.
Take The Tip:
Click here to read the complete Hurricane Preparedness Guide.
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