Aside from wildfires, floods are the most widespread natural disaster we can face.
What does Commercial Flood Insurance cover?
Commercial Flood Insurance helps protect your business from the damaging costs that result from floods and floodwater. A commercial flood insurance policy protects the location of your business, but also the valuable physical contents and essential assets. A commercial flood insurance policy is designed to help protect your business if your floors, walls, ceilings, equipment and fixtures as well as furniture, inventory and business property sustain damage due to floodwater.
Call today to get a quote and find out how easy and affordable it is to add flood insurance protection to your package of business coverages.
Do I need Commercial Flood Insurance?
If your business property insurance doesn’t cover flood damage – and most don’t – you should consider adding a commercial flood insurance policy. Even if you live in an area that doesn’t flood, you’ll need a policy if:
• Your business in an area that has cold, snowy winters and warm springs. Fast melting snow is one of the top causes for commercial flooding, and we tend to see a lot of this in Colorado.
• Your place of business is run inside an office complex. If other business offices are located above or to the side of your business, a leaky pipe could cause floodwater, damaging your office and the contents inside.
• You experience moderate rainfall during the year. Even with mild rainfall, some drains could become clogged eventually overflowing into your place of business and causing flood damage.
How does a Commercial Flood Insurance Policy work?
Flood insurance from LF Insurance Group is provided through the National Flood Insurance Program (NFIP), managed by the Federal Emergency Management Agency (FEMA). With almost all flood policies, the government requires a 30-day waiting period on new flood insurance policies written. So it’s crucial to buy a commercial flood policy well in advance of a potential flood.
It’s easy to get a quote. Just contact our agency by calling 303-422-2018 to speak with one of our commercial insurance specialists. We are excited to answer your questions and assist you in getting the proper flood coverage at a cost that’s right for your business.
Call us with any questions about Insurance or schedule an appointment. Let LF Insurance help you secure your future with the right Insurance policy. 303.422.2018