Flood Insurance

Comprehensive Flood Insurance Coverage

Commercial flood insurance coverage helps protect your business from the damage of floodwater. It can protect the location of your business and can also help protect the physical contents and assets.

Most business insurance policies don’t cover losses resulting from floods. If you’re located in a low-risk flood area, you might be tempted to not add flood insurance, but flooding can happen anywhere.

The cost of damages from a flood could submerge your business permanently.

Commercial flood insurance protection can help protect your business’:

• Floors
• Walls
• Ceilings
• Equipment and fixtures
• Furniture
• Inventory

If your business’s property insurance policy doesn’t cover flood damage – and most don’t – you should consider adding a commercial flood insurance policy.

In the Hampton Roads area, we are subjected to a lot of rainfall and hurricanes. Knowing your flood zone is important when determining your risk for flooding.

Flooding is the most common natural disaster in the United States. While some floods are caused by tropical storms and hurricanes, most occur as a result of thunderstorms, heavy rains, rapid snow melt and breaches of levees or dams. Regardless of how it occurs, even a minor flood can cause major damage.

We will help you determine your risk and what type of policy is best for you and your business.

Additional Reasons to Consider Flood Insurance include:

• Floods are one of the most common and expensive natural disasters and can affect every region and state.
• Floods can happen anywhere. More than 20 percent of flood claims come from properties outside high-risk flood zones.
• Wildfires can change the landscape and ground conditions. Future rainfall can then lead to a risk of flash flooding.
• Floods can be triggered by a broken dam or levee, a new building development that changes the flow of water in your area, and more.