Backing up Business Data
2/6/2012 10:35:00 AM
What precautions do you take to ensure that you don’t lose important data that your New Jersey business relies upon? Check with your agent or insurer if you are not sure how your NJ business insurance policy covers computers and data.

Proper insurance coverage means that if your computer equipment is stolen or accidentally damaged it can be replaced quickly without too much impact on your business activities. It’s important to ensure that you can replace physical equipment you use to manage your business, and it’s essential to preserve your critical business data.
How might losing data affect your business? Losing accounts receivable data could mean that you have difficulty in recovering money for credit sales; losing inventory data could disrupt many activities including sales and purchasing; and losing customer data could curtail sales and marketing programs.
How to avoid data loss? Make a habit of taking a backup copy of critical data every day, and be sure to guard against loss of the backup data; for example, if you back up onto an external hard drive, store the hard drive separately from the computer so that if there’s a fire, theft or other disaster you don’t lose both computer and backup data.
Business hardware may be replaced easily if you have NJ business insurance protection. Recovering lost data is not so quick and simple, however, and loss of data could interrupt business activities and affect business income. Protect critical business data by taking regular backup copies and keeping them safe.
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Proper insurance coverage means that if your computer equipment is stolen or accidentally damaged it can be replaced quickly without too much impact on your business activities. It’s important to ensure that you can replace physical equipment you use to manage your business, and it’s essential to preserve your critical business data.
How might losing data affect your business? Losing accounts receivable data could mean that you have difficulty in recovering money for credit sales; losing inventory data could disrupt many activities including sales and purchasing; and losing customer data could curtail sales and marketing programs.
How to avoid data loss? Make a habit of taking a backup copy of critical data every day, and be sure to guard against loss of the backup data; for example, if you back up onto an external hard drive, store the hard drive separately from the computer so that if there’s a fire, theft or other disaster you don’t lose both computer and backup data.
Business hardware may be replaced easily if you have NJ business insurance protection. Recovering lost data is not so quick and simple, however, and loss of data could interrupt business activities and affect business income. Protect critical business data by taking regular backup copies and keeping them safe.
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