5 Common Winter Risks for Businesses and How to Protect Yours

​5 Winter Risks Every Business Must Prepare For

​– Are You Ready?

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Winter can bring unique challenges for businesses, from icy sidewalks to unexpected heating failures. Without proper precautions, these issues can lead to accidents, downtime, and financial losses. To help your business navigate the season safely, here are five common winter risks and effective ways to protect your operations.

1. Slip-and-Fall AccidentsThe Risk: Icy walkways, parking lots, and entryways increase the likelihood of slip-and-fall accidents, posing liability risks for businesses.
How to Protect Your Business:

• Regularly clear snow and ice from walkways and parking areas.
• Apply salt, sand, or de-icing products to reduce slips.
• Place visible caution signs near wet or icy areas.
• Ensure your insurance policy covers slip-and-fall claims.

2. Heating System FailuresThe Risk: Heating system malfunctions can disrupt operations, damage sensitive inventory, and make workplaces unsafe.
How to Protect Your Business:

• Schedule seasonal HVAC maintenance to ensure your heating system is functioning efficiently.
• Have backup heating solutions ready for emergencies.

3. Weather-Related Business InterruptionsThe Risk: Snowstorms, freezing rain, or severe weather can cause power outages, disrupt supply chains, and force temporary closures, resulting in lost revenue.
How to Protect Your Business:

• ​Establish a remote work policy to keep employees productive if your office becomes inaccessible.
• Partner with alternate suppliers to avoid inventory delays during weather-related disruptions.

4. Frozen Pipes and Water DamageThe Risk: Sub-zero temperatures can freeze pipes, causing them to burst and leading to extensive water damage.
How to Protect Your Business:

• Insulate exposed pipes and maintain indoor temperatures above freezing.
• Regularly inspect plumbing and identify weak spots.

5. Increased Energy Costs: Heating commercial spaces during the colder months often leads to higher energy bills, which can strain your budget.
How to Protect Your Business:

• Install programmable thermostats to optimize energy use.
• Seal windows and doors to prevent heat loss and reduce drafts.
• Consider energy-efficient upgrades that could qualify for rebates or tax incentives.

Stay Prepared This Winter
Winter weather can be unpredictable, but preparation and the right business insurance coverage can help minimize risks. Safeguard your operations with liability insurance, property insurance, and business interruption coverage tailored to your needs.

At Corin Insurance, we can help review your current coverage. Contact us today for a free consultation and ensure your business stays secure this winter.

​-Madalyn Sanford