According to the Federal Emergency Management Agency, (FEMA) floods are the most frequently occurring natural disaster in the United States. Floods can often cause severe damage to properties that require significant time and money to repair. In fact, the National Center for Environmental Information, (NCEI) reported that the damage costs associated with large-scale flood events […]
Read MoreHow Much Does Personal Flood Insurance Cost?
Personal flood insurance is designed to protect your home and belongings (clothing, electronics, furniture, etc.) from damages caused by floods. This type of policy is typically offered separately from homeowners’ insurance policies. Some floods can be more destructive than others, depending on the area where a property is located, among other factors. Here is a […]
Read MoreWhen Is Personal Flood Insurance Required?
No matter where you live, your home faces the risk of being damaged for several reasons, including natural disasters. One of the most common types of disasters are floods, which can take significant time and money to clean up. Certain areas are more prone to flooding than others, however. Consequently, personal flood insurance can be […]
Read MoreCommercial Flood Insurance Vs. Personal Flood Insurance
If you own a business, you know that there are certain risks your organization will face, especially in the beginning. One major threat that many companies face is the devastation caused by natural disasters. Floods, in particular, can significantly damage a business’s physical building and its contents. Additionally, some organizations have a higher risk of […]
Read MoreHow Much Does Commercial Flood Insurance Cost?
Commercial flood insurance is designed to protect your business against damages resulting from flooding. This form of insurance can safeguard both your company’s building and its contents (equipment, furniture, HVAC systems, etc.). Flood insurance exists because this type of coverage is generally not included in commercial property insurance policies. Most insurers provide this type of […]
Read MoreFlood Insurance Requirements For Commercial Property
Natural disasters can cause significant devastation to companies. Floods can be especially destructive to a commercial structure’s floors, walls, and contents, and many businesses across the United States are vulnerable to this type of disaster. Consequently, many insurance companies offer policies that provide protection against floods. However, flood insurance policies exist as an additional form […]
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