Secure Your Business with Flood Insurance

Reliable Flood Insurance Solutions by our Insurance Agency

Commercial Flood Insurance

Protect your business from the devastating effects of flooding with comprehensive flood insurance tailored to your specific needs.
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Commercial Flood Insurance Commercial Flood Insurance

What is Flood Insurance?

Flood insurance, which is often not included in regular commercial property insurance plans, protects against flooding-related damage. It is essential for businesses located in flood-prone areas to safeguard their assets and ensure continuity in the event of a flood.

Cost of Flood Insurance

The cost of flood insurance differs based on several factors, including the location of your business, the level of coverage required, and the value of the insured assets. On average, businesses can expect to budget for premiums that reflect the risk level of their specific area.

Ownership and Beneficiaries of Key Person Life Insurance

The ownership and structure of your policy can depend on your company's legal setup. Generally, the company pays for the key person's policy, owns it, and is the beneficiary. The key employee must consent in writing to the company owning the policy.

Suppose you have indispensable key people or individuals whose contributions are so vital that their absence could imperil your business. In that case, key person insurance can supply the necessary money to recover and rebuild in the event of their premature death. Contact our Insurance Agency to learn more about protecting your business with key person life insurance.

Coverage Offered by Flood Insurance

Structural damage to buildings


Damage to business equipment and inventory


Loss of income due to business interruption


Costs associated with cleanup and debris removal


Replacement of damaged utilities and systems


Benefits of Flood Insurance

Protects against costly flood damage
Ensures business continuity during recovery
Covers cleanup and debris removal expenses
Provides peace of mind for business owners
Helps maintain financial stability

At our Insurance Agency, we understand the unique risks businesses face. Our flood insurance solutions are designed to provide the comprehensive coverage you need to protect your assets and ensure your business can recover quickly after a flood.

Don't leave your business vulnerable to the unpredictable nature of flooding. Contact our Insurance Agency today to learn more about our flood insurance options and how we can help you secure your business.

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Buildings
Contents 
Increased cost of compliance
Prevention, Protection & Clean-up
Excess coverage

Buildings Coverage

Risk Factors

A flood can cause major damage to floors, walls, ceilings, plumbing, electrical systems, and HVAC

Solution

Commercial Flood insurance provides up to $500,000 in coverage for direct physical damage to buildings from or by flooding. This includes damage to floors, walls, ceilings, plumbing, electrical systems, and HVAC. In addition, for businesses that rent their buildings, this coverage can provide for tenant improvements your business has made to the building you rent.

Contents Coverage

Risk Factors

A flood can damage furniture, fixtures, inventory, machinery, equipment, and other property your business owns, and you need to pay the expenses for their replacement.

Solution

This also covers the contents of your building up to $500,000. Contents coverage includes furniture, fixtures, inventory, machinery, equipment, and other property your business owns that a flood has damaged.

Increased cost of compliance

Risk Factors

Cities and communities usually update their building standards over time to reduce damage from floods. However, if your building was built before the current standards took effect, you may incur additional costs to rebuild or bring your building up to the current flood management standards.

Solution

ICC coverage reimburses you for the cost to elevate, demolish, or relocate a damaged building. It also reimburses the cost of floodproofing qualified basements in buildings. ICC claims are handled in addition to the amount of your building claim.

Prevention, Protection & Clean-up

Risk Factors

Sandbagging is the most common and effective form of flood protection before a storm. A storm or a flood can damage your contents, and you need to pay for the clean-up of debris.

Solution

The NFIP will pay up to $1,000 to reimburse the cost of placing sandbags to protect your property. In addition, Commercial Flood Insurance will also pay up to $1,000 to reimburse the cost of moving items out of danger in advance of a storm. Finally, Flood Insurance will pay for the cost of removing debris from your property after a storm.

Excess coverage

Risk Factors

If you need higher coverage limits beyond the NFIP limits, you can purchase excess coverage from a private insurer.

Solution

In addition to the coverage provided by the NFIP, excess flood insurance coverage is available from insurers on the private market. Excess coverage can also offer business income insurance lost due to a flood. This can compensate your business for lost profits, as well as wages and operating expenses while your business is unable to operate.

Don't wait until it's too late to protect your business from floods. Instead, contact us today to learn more about our Commercial Flood Insurance policies and get a quote that fits your budget.

Contact Us

Southwest Commercial Insurance

We will review your unique risks in order to find coverage that’s perfect just for you.
737.777.6420
Fax: 512.276.6755
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