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Florida has over the years, endured its fair share of natural disasters. Preparing your business by having a disaster management program may be the difference between you surviving or closing your doors. While having adequate Florida commercial insurance in place is vital, it must be remembered that it may not just be financial protection you will need in order to survive.

After a large disaster it may just happen that your customer base suddenly dries up. The infrastructure needed to supply your customers, should they not be affected as much, may also be damaged, leaving you wanting. Customers needing your supply and unable to gain it may turn elsewhere. You can insure for many contingencies in the event of a disaster but some may remain out of your control. You can help minimize the impact of unforeseen disasters through planning ahead. Having plans for communication with employees, customers and suppliers is essential. Information recovery and identifying critical functions are other areas that should be addressed with back up plans put in place.

Review your recovery plans periodically and ensure staff are involved and aware. Florida commercial insurance can only go so far in helping you get back on your feet after a disaster. Having a plan in place for the “worst-case-scenario” can make all the difference.

Disclaimer: The above description provides a brief overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control.