Florida Commercial Flood Insurance

Should your business have commercial flood insurance coverage?

Commercial flood insurance is basically insurance coverage that protects you and your business from the damages that occur to your business in the event of a flood. Floods are devastating natural disasters that can do a lot of damage. While they are more common in some areas of the country than others, the truth is that they can happen anywhere, even on the “high ground” well above flood plains. If you have made the effort to create your own business, you should seriously consider obtaining commercial flood insurance policy to protect your business.

Damage To Buildings And Structures

Commercial flood insurance will cover the costs of repairing damage to, and replacing damaged portions of the buildings and structures of your business as detailed in your policy. Since most flood damage ruins flooring, walls, foundations, wiring and plumbing, it is always a good idea to set as low of a deductible for this portion of coverage as you possibly can.

Damage To Materials, Appliances And Property

Commercial flood insurance can also pay for damage and replacement of the tools, equipment, materials and other property within the business at the time of the flood. This is a good thing to have, as the faster that the tools of your trade are replaced, the more quickly you will be able to get back to business following a major flood.

Costs Of Cleaning Up Property And Structures

A comprehensive commercial flood insurance policy will be able to cover the costs of cleaning up the site of the flood, getting you back to work as quickly as possible.

Costs Of Sandbagging And Other Protective Measures

Commercial flood insurance will also cover the costs related to preparing your business beforehand for a potential flood, including sand bags, trench work, erection of temporary flood control measures and labor.

Remember, most forms of standard insurance, commercial or residential, do not contain protection against flooding or even hurricanes. Typical insurance policies will only protect you from fire, light storm damage, theft and vandalism. To be protected in the event of a flood, you need to obtain and maintain a commercial flood insurance policy.

At EnTrust Insurance, we’re experts at determining the exact protection you and your business needs. We service businesses in Miami and throughout the state of Florida.

Call EnTrust Insurance at 305-265-0112 for a Florida Commercial Flood Insurance Quote