• Moving to a new location is a great opportunity to protect your business from future disasters. Find out whether prospective sites are in the floodplain by calling your local Planning or Emergency Management office. Ask your realtor to find out if the building has ever been affected by disaster before.

  • If you are leasing, make sure the lease clearly states who is responsible for damage to the building and for providing insurance. If there is flood insurance on the building, find out if it covers contents as well as for the building itself.

  • If the lease binds you to the property even when damaged, don’t sign. Make sure you can be released from the lease if the building is damaged, or if an important adjoining business property (which operates as a magnet) is not repaired with a specified time period (30, 60, or 90 days).

  • When building a new facility or renovating an old one, consider using flood, storm, earthquake and fire-resistant materials as needed based upon your business impact analysis (BIA) risk assessment. Make sure your buildings meet or exceed local building codes for wind resistance. Your investment will pay off in prevented losses in a disaster.