Rising river waters, heavy snow or rainfall, the breaching of dams or levees, and flash flooding caused by sudden, excessive rain can generally cause floods with little or no warning at all. Floods have terrible consequences for business owners, including damage to buildings, loss of inventory, debris removal and extensive cleanup, and business interruption. Over […]
Month: December 2018
How Flood Insurance Affects Your Taxes
After a significant event, taxes in disaster-prone areas generally increase. To be prepared, you need to know how to manage your tax returns in the year following a natural disaster. If your home or property was damaged, there are many financial tactics that you can adopt to lessen the financial cost to you and your […]
Winter Floods: Why They Happen
Floods are traditionally associated with natural disasters such as hurricanes that take place in warmer climates. But did you know that cold winter temperatures can also cause flooding? There are many conditions that can cause an overflow of water. You must stay alert even when the conditions seem to lend themselves to a frozen winter […]
5 Types Of Insurance Every Business Owner Needs
Risks cannot be eliminated. Business owners, however, need to be prepared to face any potential hazard: from surviving a significant natural disaster to dealing with an employee’s injury. Does your business have the right mix of the most important types of business insurance? Read on to find out: Workers Compensation If injured on the job, […]