Coverage Guide
Flood Insurance
Essential protection against flood damage for properties in high-risk and moderate-risk flood zones. Standard property policies exclude flood.
Who Needs Flood Insurance?
Any business in a flood-prone area needs flood insurance. Properties in high-risk flood zones with federally-backed mortgages are required to have coverage. Even properties outside high-risk zones can flood - over 20% of flood claims come from low-risk areas.
Coastal businesses
Properties near rivers or lakes
Businesses in flood plains
Warehouse and storage facilities
Retail stores in low-lying areas
Manufacturing plants near water
25%
of flood claims are from low-risk areas
Common Risks Protected Against
Flood Insurance helps protect your business from these common exposures and potential losses.
River Flooding
Coverage for damage from overflowing rivers and streams.
Heavy Rainfall
Protection from flash floods and storm surge.
Storm Surge
Coverage for coastal flooding from hurricanes.
Building Damage
Protection for structural damage from flooding.
Contents Coverage
Coverage for business equipment and inventory.
Cleanup Costs
Coverage for debris removal and sanitization.
What's Typically Covered
Building foundation and structure
Electrical and plumbing systems
HVAC equipment
Permanently installed fixtures
Business equipment and inventory
Debris removal
Building cleanup costs
Common Exclusions
Damage from moisture or mold (unless flood-related)
Currency and valuable papers
Property outside the building
Vehicles
Living expenses or business interruption
Financial losses from business closure
Industries That Commonly Need This Coverage
Frequently Asked Questions
Common questions about flood insurance
Commercial Property insurance protects your business's physical assets including buildings you own, equipment, inventory, furniture, and fixtures. It covers losses from fire, theft, vandalism, storms, and other covered perils. This coverage is essential whether you own your building or lease space, as it protects the contents and improvements you've made.
Contact us immediately when an incident occurs—we'll guide you through the process. Document everything with photos, witness statements, and written descriptions. Report the claim to your insurance carrier promptly (most policies require timely notification). Keep records of all expenses and communications. We advocate on your behalf throughout the claims process to help ensure fair treatment.
Premiums are based on multiple factors including your industry, business size, revenue, payroll, location, claims history, coverage limits, and deductibles. Higher-risk industries and businesses with poor claims history pay more. We shop multiple carriers to find competitive rates and help you understand what factors you can control to reduce costs.
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