Flood Insurance

At least 25 percent of businesses that close after events, like a flood, never reopen. From 2008 to 2012, the average commercial flood claim was more than $87,000. Flood insurance is the best way to protect your business from a devastating financial loss.*

As with any other type of insurance, it's important to know what your policy does and doesn't cover. For example, damage caused by a sewer backup is only covered by flood insurance if it's a direct result of flooding. The damage is not covered if the backup is caused by some other problem.

If you think flooding isn’t a concern for your business, consider these facts:

  • All 50 states have experienced floods or flash floods in the last 5 years.
  • Everyone lives in a flood zone.
  • Just a few inches of water from a flood can cause tens of thousands of dollars in damage.
  • Hurricanes, winter storms and snowmelt are common (but often overlooked) causes of flooding.

Flash flooding can occur from a water main break,  if someone hits a fire hydrant nearby or if a neighbor’s swimming pool bursts and damages your property.

 To find out more about flood insurance, talk to one of our brokers who can provide additional information as well as a no-obligation quote.

* According to www.floodsmart.gov

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