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At least 25 percent of businesses that close after destructive events such as floods never reopen. From 2011 to 2015, the average commercial flood claim amounted to more than $90,000. Flood insurance is the best way to protect yourself from devastating financial loss. Find the flood risk for your business now using our One-Step Flood Risk Profile.
Flood insurance is available to homeowners, renters, condo owners/renters, and commercial owners/renters. Costs vary depending on how much insurance is purchased, what it covers, and the property's flood risk.
Coverage for your building and contents is available. Talk to your agent today about insuring your business and its contents. Typically, there's a 30-day waiting period from date of purchase before your policy goes into effect. That means now is the best time to buy flood insurance.
Your business is either in a high-risk or moderate- to low-risk area. Understand the different flood risks.
Get a policy for up to $500,000 in building coverage and $500,000 in contents coverage.
It's important to know what your flood insurance policy covers.
Understand the essentials of flood insurance.
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