In additional to the cost of repair, a burst pipe can lead to lost revenue if your business must close for repairs.
11/3/2021 (Permalink)
In additional to the cost of repair, a burst pipe can lead to lost revenue if your business must close for repairs.
A burst pipe or other water-related mishap can be financially devastating for a small business. When a business suffers a flooding or freezing incident, it might have to close to repair the damage, which ultimately means lost revenue. If repairs aren’t taken care of promptly, they can lead to even costlier threats, such as mold growth and structural damage.
If your business experiences a water-related incident, you’ll need to act quickly to mitigate the damage. Small business insurance can also play a crucial role in lessening the financial impact. However, it’s best to prevent such occurrences from happening in the first place. Use these tips to protect your business from flooding and freezing damage.
https://www.insureon.com/blog/tips-for-preventing-water-damage-at-your-business
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