Preparing for Fall: Key Insurance Considerations for Ohio Businesses

The cooler fall weather signals an opportune time for businesses to assess their operational risks. Before extreme winter temperatures hit, businesses should review their existing insurance policies to identify any gaps in coverage and prepare for seasonal changes that could affect their workforce and operations. The following considerations can help businesses confidently navigate the changing seasons.

Update Workers’ Compensation Coverage

If workers perform their responsibilities outdoors, workplace injuries can spike during colder weather. Review workers’ compensation policies and update them with any new roles and tasks. Provide workers with training for slips, trips, and ladder use.

Review Commercial Auto Insurance Policies

Businesses utilizing commercial vehicles should verify that all company vehicles are properly insured for adverse weather risks. It’s also good to schedule any inspections and maintenance. Liability protection for delivery drivers or traveling representatives is good to carry, especially in the fall and winter months when road hazards are more prevalent.

Assess Property Risks

Fall weather can bring wind and early frost, increasing the risks to physical business premises. Fall is a great time to inspect any roofing, gutters, and drainage systems. Additional policy coverage can address seasonal risks like flooding or ice damage. It’s important to note any exclusions related to weather in current policies to make sure the property is covered.

Consider Business Interruption Insurance

Severe weather conditions come with the increased risk of power outages and potential business interruptions. If a business must close for a period of time, it could be beneficial to carry business interruption insurance to account for lost income or wages.

Contact Us

Fall may bring welcomed cooler temperatures and beautiful scenery, but it also introduces increased liability exposures. It can be wise to consult with an insurance agent about any possible risk exposures and make any changes to existing insurance policies. Contact Boyer Insurance LLC in Columbus, Coshocton, Newark, Zanesville, OH to speak with an agent and make sure your policy meets your business’s needs and budget.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.