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Avoiding Disaster

CHICAGO — Eighty-five percent of operators say they lack some type of disaster plan, according to a Wire survey. Having the proper amount of insurance is one way to prepare for some type of major problem. In terms of coverage, three-quarters of the respondents have full replacement/repair of building(s) and equipment; 61 percent have business-interruption coverage and 38 percent have additional contents coverage, including inventory.When you factor in the insurance coverage, 15 percent of the respondents say they are “very prepared” for some type of disaster, 70 percent are “somewhat prepared” and 15 percent are “neither prepared nor unprepared.” 

Have a question or comment? E-mail our editor Bruce Beggs at [email protected].