The 411 on Flood Insurance
A reminder that Flood is not one of the standard perils covered by a Homeowners or Commercial Property policy and how Flood Insurance works.
As a business owner, you face — and overcome — difficulties every day. One challenge no business owner can fully overcome is the threat posed by natural disasters.
Natural disasters can have a devastating effect on your business. While you can’t control where and when they will strike, you can protect your business with comprehensive insurance that includes flood insurance.
Your commercial property insurance won’t protect your business from flood damage. A flood insurance policy will. Losses from overflowing rivers or streams, heavy or prolonged rain, storm surge, snowmelt, blocked storm drainage systems, and broken dams or levees are all covered under flood insurance.
Your location is the most important factor in determining your risk for flood damage. Is your business located in or near a flood zone? Where is your business’s equipment and inventory stored? It’s critical to consider all business locations when assessing your need for flood insurance.
You can affordably purchase flood insurance from the government’s National Flood Insurance Program. Available only through a qualified agent, the government program offers full coverage after a 30-day waiting period from the date of purchase.
Give us a call today and let us help you assess your need for flood insurance. We are familiar with the National Flood Insurance Program and would love to answer any questions you may have..
