2 MIN READ
Published 05/18/2021
Business continuity
Disasters damage property, services, and inventory, slowing down operations and affecting businesses’ bottom lines.
Shrinking talent pool
After severe weather hits, contractors need all the help they can get. When inexperienced or out of practice employees fill the ranks, the likelihood of injuries and related WC claims could increase.
Leadership due diligence
Directors and officers could be held liable if they fail to prepare for severe weather, much like we saw when historic winter weather left much of Texas without heat or power for a week.
Mold and environmental claims
Bacteria and mold thrive in wet environments created by floods and power outages, boosting risk for contamination and adding to eradication costs.
Failing infrastructure
Public health and business operations are at risk when water, power, transport, and telecom systems are damaged or destroyed.
See how Liberty Mutual Insurance can help you prepare for various risks that compound the threat of severe weather. Learn more about the downstream effects of climate change and the impact that it can have on your business.
Related insights
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