Hurricanes are among the worst natural disasters that can cause damage to commercial properties. They can wreak havoc, destroy infrastructures, and halt operations for businesses. It's important for risk managers, property managers, and other professionals to understand the truth behind hurricane damage so that they can take proper measures to protect their businesses. Unfortunately, there are many myths about hurricane damage that often lead to misunderstood expectations and ineffective preparations. In this blog post, we will debunk common myths about hurricane damage to commercial properties and provide you with facts and insights to help you better prepare and respond to hurricanes.
Myth 1: Hurricane damage is only caused by strong winds.
Fact: While strong winds are indeed a significant contributor to hurricane damage, they are not the only factors that cause damage. Hurricanes can also bring torrential rain, flooding, spin off tornadoes, and storm surge. The combination of these factors can lead to severe damage to commercial properties. The wind can damage roofs, windows, and other external structures, while flooding can destroy interiors, such as walls, floors, and electrical systems. To protect your commercial property, it's crucial to prepare for both wind and water damage.
Myth 2: Hurricane damage is always covered by insurance policies.
Fact: Not all insurance policies cover hurricane damage, and coverage can vary greatly. It's essential to review your insurance policy and understand the extent of your coverage. Some policies only cover wind damage, while others have provisions for flood damage. Moreover, insurance policies often have deductibles that can be costly for businesses to cover. When dealing with a hurricane or named storm, it's important to note that the deductible applied is often separate from standard perils deductibles. This deductible typically comes with a higher dollar amount, which means that policyholders might be responsible for a more significant portion of any loss. Regardless, it's crucial to work with an experienced insurance adjuster to ensure that you have an adequate and comprehensive insurance policy that meets your needs.
Myth 3: All commercial properties in hurricane prone areas are at equal risk of damage.
Fact: Commercial properties have different levels of risk based on various factors, such as location, construction type, and building age. Properties located in coastal areas are more vulnerable to hurricane damage than those in inland areas. Older buildings with outdated infrastructures may be more susceptible to wind and water damage than newer buildings with proper reinforcements. It's essential to conduct a thorough risk assessment and implement proper preventive measures to minimize the risk of hurricane damage.
Myth 4: Preparing for a hurricane is an expensive and time-consuming process.
Fact: While preparing for a hurricane requires some investments, it doesn't have to be expensive or time-consuming. There are several cost-effective and straightforward measures that businesses can take to protect their properties. For instance, securing loose objects, such as outdoor furniture and signage, can prevent them from becoming projectiles in high winds. Installing shutters or protective film on windows can prevent them from shattering during a storm. Ensuring that your property has proper drainage and clear gutters can minimize flooding risks.
Myth 5: Hurricane preparedness only involves physical measures.
Fact: While physical safety measures are crucial in hurricane preparedness, there are other aspects that businesses should consider. For instance, having a clear and comprehensive emergency plan can help employees respond quickly and efficiently in the event of a hurricane. Moreover, having data backups and business continuity plans can ensure that operations continue, even if the physical property is damaged. It's crucial to involve all stakeholders in the preparedness planning process to ensure a coordinated and effective response.
Conclusion:
Hurricanes are inevitable natural disasters that can cause significant damage to commercial properties. It's crucial for businesses to understand the truth behind hurricane damage and take proper measures to prepare for and respond to them. By debunking myths about hurricane damage, we hope to provide risk managers, property managers, and other professionals with the knowledge and insights they need to protect their businesses. Remember, proper hurricane preparedness involves a coordinated effort that includes physical, operational, and human safety measures. Stay safe, stay vigilant, and most importantly stay prepared! If you are uncertain of your property's capacity to withstand catastrophic events like hurricanes, contact CRC today to schedule a meeting and get ahead of the unexpected.
Sarah Chadwick : February 24, 2022
