Nothing is more devastating than having your business damaged by floodwaters. The losses can be substantial, with the entire structure and the majority of your business personal property damaged or destroyed. Your commercial insurance policy does not protect your business and property against flood damage.
If your business is in a high-risk area, you likely know the importance of flood insurance, but even locations outside high-risk zones can experience flooding, especially with changing weather patterns. Do you need flood insurance? Connect with one of our local agents at Streamlined Business Insurance in Coconut Creek, Florida, to learn exactly what steps you should take to protect your business and property if a flood occurs and damages your structure and assets.
How much would it set you back financially if you had to replace all your business personal property, from office furniture and electronics to inventory and other essential items? It is crucial to ensure that all your business assets are accurately valued and that your flood insurance policy provides adequate coverage. Government-backed mortgage lenders and other financing institutions often require businesses in high-risk flood zones to have flood insurance. Even if your business is outside a designated flood zone, your property could still be at risk.
Our local team will work with you to identify the best policy for your business – one that will offer the most protection against an unexpected rainy day. Connect with us. We care about the Coconut Creek business community and are always available to answer any questions about flood insurance or other policies that protect your business and assets.