Create Your Property Loss Prevention Plan

Create Your Property Loss Prevention Plan

 A proper property loss prevention plan can help decrease the occurrence of damage to equipment, machinery, and facilities necessary for your business. 

The time to start your property loss prevention plan is now. The best plans aim to protect and preserve your property. In order to do this, you must consider defining the roles of employees, contractors, and visitors, along with scheduling inspection and maintenance of crucial equipment.

  1. Define (Employees, Contractors, Visitors)

    Follow all “NO SMOKING” and “RESTRICTED SMOKING” policies.
    Always wear the proper safety gear (e.g., safety goggles, hard hat, hazmat suit, et cetera) to protect from possible injury/illness.
    Monitor all fire safety equipment to ensure they work. Things like smoke and carbon monoxide detectors, sprinklers, and fire extinguishers.

  2. Schedule (Inspection of Equipment)

    Your business depends on its equipment to keep production in motion. Without a proper property loss prevention plan, your equipment may face expensive and time-wasting damage.
    Inspect and maintain electrical equipment, and don’t forget the HVAC systems.
    Inspect and test all fire safety equipment on fuel-fired equipment.
    Preventative maintenance of production machinery.

Make sure that your business’ equipment is protected by contacting the independent insurance professionals at Udell Family Insurance in Westlake Village, California for all of your commercial coverage needs.

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