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You are here: Home / Property & Casualty Insurance / Commercial Insurance / Protecting Your Building During a Temporary Closure

April 2, 2020 by Wood-Wilson

Protecting Your Building During a Temporary Closure

A vacant commercial building is a sitting duck. Whether temporary or permanent, a vacancy presents increased exposure to loss. There are steps you can take to reduce the likelihood of incurring a loss while your building is vacant. A publication from the Insurance Institute for Business and Home Safety (IBHS) suggests the following steps be taken to mitigate the risks presented by a vacant building:

  1. Do what you can to make your building appear occupied.
  2. Maintain your landscaping.
  3. Notify essential service providers that your property is vacant.
  4. Adjust the thermostat as appropriate for the weather conditions.
  5. Inspect the plumbing and turn off the water supply to individual fixtures.

For more information, read “5 Easy Ways to Protect Your Building During a Temporary Closure” from the IBHS.

Filed Under: Commercial Insurance, Loss Prevention, Property Insurance

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Wood-Wilson Company, Inc.
8131 LBJ Freeway Suite 220
Dallas, TX 75251
(972)783-4915
woodwils@woodwilson.com

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