Aegis Blog

FEMA: Over one-third of small businesses do not reopen after a disaster

How protected is your small to medium-sized business? In the case of flooding, being located on higher ground might be helpful, but on the off chance that water breaks through, does your commercial property insurance account for such an event? Company owners likely want their firm to be successful for several years, perhaps even decades. To ensure this, the right business insurance policy—or set of policies—needs to be purchased. According to the Federal Emergency Management Agency (FEMA), 40 percent of small businesses do not reopen after experiencing a natural disaster. Of ...

 

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