Outside hazards & business insurance – safeguards

Flooded downtown street scene

Safeguards for outside hazards

Outside hazards may exist for a property on your premises. And while having business insurance is a must, observing the premises and being able to foresee how possible incidents and injuries could occur can help to prevent them. Here are some things to look for:

  • Invest in fencing and/or gating as they serve as a deterrent for theft and vandalism as well as a way to control access to your property. Ensure that the fences meet municipal bylaws.
  • Consider improving your exterior lighting after hours to help deter theft, for security when walking after dark and to help prevent slips, trips and falls. This includes parking lots, crosswalks, driveways and walkways.
  • Exterior surfaces including stairways, walkways, crosswalks, driveways and parking lots should be clear from ice and snow as soon as possible. Logging the maintenance of these surfaces could help in the event of a slip and fall claim.
  • Consider parking bumpers to help reduce vehicles from coming into contact with the building or blocking walkways.
  • Ensure walking surfaces are smooth, level and made of slip resistant materials. Any uneven surfaces, including interlocking or broken concrete should be repaired immediately.
  • Controlling traffic flow and parking is important to help prevent accidents. Features such as entrances/exits, identified speed bumps, parking barriers, mirrors to see around corners, speed, direction and traffic flow signs among others are way to help improve this.
  • Immediately complete any repairs required to damaged exterior walls (brick, tiles, mortar, stucco, etc).
  • A regular clean-up schedule should be in place for removing debris and garbage along the perimeter of the building.
  • Regular landscaping will help prevent overgrowing grasses, bushes and branches from creating tripping hazards and/or overhead hazards.
  • Ensure that you meet the requirements defined by the various National and Provincial Building codes and which are determined by the classification of the occupancy of a building.

Working with your broker, you should have the right insurance coverage to protect your business, assets and employees. You should also be thinking about how you can implement ways to protect your business before something happens. Visit Intact Insurance’s loss prevention page for more information about how you can take preventative measures to help protect your business.

Insurance Fact

Did you know? In 2013, total insured losses from natural disasters were the highest in Canadian history at $3.2 billion.