In August of 2005 Hurricane Katrina hit the Gulf Coast leaving a wide swath of destruction in its wake. At the time, the Hoda family owned a gift shop in the beachfront town of Long Beach, Mississippi and a Dairy Queen only slightly further inland in Diamondhead, Mississippi. Both their businesses were devastated by the hurricane. In the videos below they share insights about what they did right to prepare, as well as lessons learned during the recovery effort.
Joy Hoda discusses Business Interruption Insurance, and how it enabled her to reopen the Dairy Queen only 23 days after the storm.
Real Life Stories: Business Interruption Insurance