Partial Losses vs Total Losses?

6/22/2020 (Permalink)

As someone in property management, you know there are various risks that you face each day. One of the costliest dangers that you must prepare for is storm damage. Without proper preparation, a storm can cause severe harm to your property and lead to steep repair and replacement costs. However, equipping yourself for the next storm on your property is only a matter of following a few simple steps. Here are some essential storm preparedness guidelines to follow before a natural disaster targets your area.

Gather Relevant Information

Having all of your information in place before a storm will allow you to feel in control once the bad weather hits. Be sure to verify that you have the following key pieces of information well in advance of the storm:

• Updated contact info from renters
• Renters’ emergency contacts
• Contact info for service providers (roofers, general contractors, etc.)
• Current service agreements
  
  

Taking inventory of this necessary information ahead of time can prevent you from feeling unprepared in the event of a storm.

Prepare Your Renters
It’s completely natural for your renters to feel nervous or overwhelmed at the thought of an imminent storm. That’s why a crucial storm preparedness guideline is to clearly communicate with residents so that they understand what to do in a severe weather event. The more informed your renters are, the more confident they will feel.

Take Every Detail Into Account
To be as prepared as possible before a storm, you need to create an elaborate plan that takes every potential risk into account. Everything from employee roles to your insurance policy should be included in your emergency plan. For extra safety, be sure to outline what each employee should do before, during and after the storm to ensure that they have adequate guidance every step of the way.
Taking storm preparedness seriously is vital for anyone who works in property management. To keep your building in optimal condition after the weather incident, be sure to contact storm damage restoration professionals immediately.