The holiday season is a time for celebration, high customer activity, and year-end reflection. For most businesses, it’s also one of the busiest and riskiest times of the year. Higher foot traffic, temporary staffing, winter weather, and year-end operations can create risks that may impact your business without proper planning.
At ECBM, we believe the holidays should be focused on growth and celebration, not unexpected setbacks. Taking the right steps now can help ensure your business remains protected throughout the season and into the new year.
Increased Activity Means Increased Risk
The holiday rush often brings extended hours, temporary employees, and a large rise in customers. While this is great for revenue, it can also increase the likelihood of workplace injuries, slip-and-fall accidents, and property damage. Reviewing your workers’ compensation, general liability, and property coverage before the season peaks can help ensure you’re protected from seasonal risks.
Winter Weather & Property Protection
Snow, ice, and freezing temperatures can create serious hazards for both employees and customers. Frozen pipes, roof damage, and slippery walkways are common winter claims. Simple preventative measures, such as snow removal plans, proper lighting, and routine building maintenance, can significantly reduce risk and potential losses.
Cyber & Fraud Risks During the Holidays
With increased online transactions and end-of-year financial activity, cyber threats and fraud attempts often spike during the holiday season. Ensuring your cyber liability coverage is up to date and that employees are trained to recognize phishing scams can help protect sensitive data and financial information.
Planning for a Strong New Year
The end of the year is also an ideal time to review your insurance program. As your business grows or changes, your coverage should evolve with it. A year-end review can uncover gaps, identify cost-saving opportunities, and set you up for success in the year ahead.
Peace of Mind This Holiday Season
The holidays should be a time for joy and relaxation, not concern. With the right insurance strategy in place, you can focus on serving your customers, supporting your team, and celebrating the season.
From all of us at ECBM, we wish you a safe, successful, and joyful holiday season and a Happy New Year.