If a fire, water main break or other disaster shut down your business, how would you recover? Would you be able to pay your rent and other obligations? What would happen to your employees?

Don’t let disasters derail your business. The best ways to disaster-proof your business are with adequate insurance and proactive planning and fortunately, there are many resources available to help you get your business back on track after an unexpected closure or other unfortunate event.

According to the Institute of Business Home and Safety, 25% of businesses never reopen following a disaster or interruption.

Having an emergency plan and adequate insurance coverage can mean the difference between reopening or shuttering your doors for good. For example, did you know that you can be compensated for expenses and loss of income if your business is closed for extended periods due to a disaster?

Here are four factors to consider in disaster planning and recovery for your business: