In our last post, we went over some essential preparation steps to take to protect your homeowner’s association in the event of an earthquake. With the Great California Shakeout right around the corner, we wanted to take the time to go over a huge liability that California businesses face: earthquakes. While preparation prevents a lot of potential damage, it’s impossible to foresee every possible effect of such a disaster. In this post, we’ll go over what to do immediately after an earthquake is suffered. Next, HOA managers and board members should protect their association with a comprehensive LA HOA Insurance policy to minimize financial hardship after a disaster.
Easier said than done, but do your best to remain calm and lead the rest of the association to recovery. First, check for injuries on yourself and on your neighbors. If you took cover and secured heavy items to walls and floors, there shouldn’t be a huge injury count. Use the first aid kid to treat minor injuries. If major injuries were suffered, seek emergency medical attention right away.
Watch your step.
Debris, glass, and items strewn about will likely litter the floor after an earthquake. When navigating through a room, be sure you are wearing the proper footwear. If not, designate someone to seek help.
Follow the emergency plan.
Devising an emergency exit strategy is one of the first steps in earthquake preparedness, as we discussed in our previous blog. Ensure all members of the HOA file out of the building slowly. If possible, avoid going into other damaged buildings until they have been cleared by authorities.
Aftershocks are common after earthquakes, and can still cause major damage after the initial strike. What’s more, stay away from beaches as much as possible. If this is part of your exit strategy, devise another plan to meet with everyone from the HOA. Tsunamis and seiches sometimes hit after the ground has stopped shaking, explains UP Seis.
Contact your insurance company.
Contact your insurance company immediately after an earthquake to recover losses suffered. This includes damaged buildings, lost items, flooding, and more. The sooner you file the claim, the sooner you can get your HOA back to running normally.
About Scott Litman Insurance Agency
At Scott Litman Insurance Agency, we are dedicated to protecting HOAs like yours. We have a unique understanding of the industry and the common risk exposures that you face in your daily operations. In fact, we find that 90% of the policies we review are missing coverages that violate the Covenants, Conditions, and Restrictions (CC&R), exposing the board, HOA and management to lawsuits – which is why our comprehensive policies are tailored to meet your specific needs at competitive prices. For more information about our products, contact our experts today at (818) 879-5980 ext. 201, or fill out our online form.