Business insurance cover helps to protect your business when the unexpected happens.
As the bank holiday approaches, don’t be tempted to do what one of my clients did a few years ago.
His business always closed over Christmas and New Year so he thought he would save on his heating bill by turning off the heating. Yes, you’ve guessed it, there was a cold snap and his pipes froze then burst….leaving water running through his premises for several days unchecked.
Business Insurance Cover For Unexpected Events
The result – damaged flooring, stock, computer equipment and loss of income whilst the business was closed. All of this was insured but what couldn’t be covered was the stress, inconvenience and time he lost in getting his business back to normal.
- Don’t be tempted to turn off the heating – just turn down the thermostats.
- To be extra cautious – lift all computers, valuable equipment and stock off the floor.
- Have your heating system regularly serviced