Reinsurance
Product Family

Project plans allow construction firms to keep things running smoothly. But how do builders and contractors plan for the unexpected — a major storm or another natural catastrophe that threatens a construction site? Our team has put together a series of preparedness guides that can help.

These guides walk you through the best ways to prepare construction sites in advance of:

Learn more about what’s included in these guides and get started planning for the spring storm season.

Be aware of your risk
Becoming aware is the first step in planning for storm events and natural catastrophes. Each guide provides an overview with the time of year the event can occur, where it’s most likely to happen in the U.S., and the types of weather involved. The guides review potential losses that can result from each event and help contractors develop routines for monitoring weather and other catastrophes.

Connect possible events to project plans
How you prepare for an event often depends on the current phase of the construction project. For example, is the roof completed? Is the site enclosed? Do the pipes have running water? Questions in the guides help contractors develop a practice for reviewing project statuses and identifying what preparation would need to happen if an event occurred.

Prepare your people and make a communication plan
To be ready for events, your people need to know the plan, how they would implement it, and most importantly, how to stay safe. That might mean discussing possible procedures at the beginning of a storm season or running a test to make sure everyone gets important instructions via text. The guides provide this type of assistance for each specific event.

Check your materials
If a major storm is on the horizon, you might need materials to tie down equipment and put out sandbags. Or in the aftermath of a catastrophe, you may require flashlights or fire extinguishers. Each guide includes a checklist of materials so you can make sure you have the right materials ready and in good condition.

What to plan for next: spring storms
Spring is fast approaching, and for many construction companies across the U.S., that could mean spring storms. These weather events can arise suddenly, bringing hail, tornadoes, straight-line winds, and flash flooding.

Tornadoes can occur in all states. About one-third of tornadoes occur at night (more than 40% of tornadoes in Tennessee, Arkansas, and Kentucky are nocturnal). These nighttime events can be particularly damaging since people do not typically have any time to prepare.

In the Midwest, heavy spring rains can cause flooding, and rains can potentially lead to mudslides, especially in West Coast states. In areas where snow accumulates during winter, heavy rains and/or warmer temperatures can lead to rapid snowmelt that contributes to flooding.

After these storms, the losses that AXA XL often sees are due to water damage, fires from power surges caused by lightning strikes, and other damage from high winds and hail.

Use the spring preparedness guide to review your current project plan and determine what you can do to avoid damage from water, wind, hail, and lightning this spring.

Download our complete set of preparedness guides here.


  • About The Author
Invalid First Name
Invalid Last Name
Country is required
Invalid email
Invalid Captcha
 
Subscribe

More Articles

Global Asset Protection Services, LLC, and its affiliates (“AXA XL Risk Consulting”) provides risk assessment reports and other loss prevention services, as requested. This document shall not be construed as indicating the existence or availability under any policy of coverage for any particular type of loss or damage. AXA XL Risk. We specifically disclaim any warranty or representation that compliance with any advice or recommendation in any publication will make a facility or operation safe or healthful, or put it in compliance with any standard, code, law, rule or regulation. Save where expressly agreed in writing, AXA XL Risk Consulting and its related and affiliated companies disclaim all liability for loss or damage suffered by any party arising out of or in connection with this publication, including indirect or consequential loss or damage, howsoever arising. Any party who chooses to rely in any way on the contents of this document does so at their own risk.

US- and Canada-Issued Insurance Policies

In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA XL.
US domiciled insurance policies can be written by the following AXA XL surplus lines insurers: XL Catlin Insurance Company UK Limited, Syndicates managed by Catlin Underwriting Agencies Limited and Indian Harbor Insurance Company. Enquires from US residents should be directed to a local insurance agent or broker permitted to write business in the relevant state.