Storms bring heavy damage along with them. Whether from siding damage or water damage, floods bring some of the most costly damages to property owners. No business is ever completely safe from the dangers of a flood, regardless of location. Just one inch of water from a flood can cost up to $25,000 in potential damage to a property. In order to protect your business, all property owners should acquire commercial flood insurance.
Don’t let the damage from a floor completely upturn your business, protect it with flood insurance. At JMG, we offer this insurance policy for both personal and commercial properties. We understand how much devastation and turmoil a flood can bring. We strive to offer our clients peace of mind and security when disaster hits. JMG’s flood policy covers the structure and belongings within a commercial dwelling. Don’t leave your property up to chance, protect with flood insurance and ensure a safety net.
What Does Flood Insurance Cover?
A flood insurance policy holds two main areas for coverage. These areas are building and contents coverage. In the event of a flood, building coverage helps to pay for damage done to the physical building itself. This will include damage to the foundation, any electrical and plumbing systems, HVAC equipment, flooring, appliances that are built into the building, blinds and the walls. For the items that lay within the dwelling, they are protected by the contents coverage portion of the policy. Any content within the building that is damaged, such as clothing, furniture, electronics or portable appliances, will be protected.
Why You Need Flood Insurance
Flooding to your commercial dwelling can be detrimental to your business. It destroys belongings and structures within buildings. Seeking out a protection plan before a flood strikes means less stress when dealing with disaster. A commercial flood insurance policy helps to protect your dwelling’s foundation, any electrical or plumbing systems, appliances, electronics, and other commercial belongings. Acquiring this insurance keeps property owners affected by floods from starting from scratch giving a viable point of financial security to work from.
As a business owner, you need to always expect the unexpected. Floods are unforgiving, and will destroy anything in their path. To prepare yourself for the outcome of a flood, seek out commercial flood insurance. This policy helps to protect your business’ structure and the equipment used within. A commercial flood policy covers the foundation of your business, any electrical and plumbing systems, furniture, and business inventory.
What Policy Does A Business Need?
When searching for a flood insurance policy, it’s important to find one that fits your needs. Depending on locality and the type of dwelling needing coverage, different policies can help to provide better coverage. Providing you with the best source of coverage, businesses can greatly benefit from having this type of flood insurance policy:
Commercial Flood Insurance
A commercial flood insurance policy is available to businesses to protect them against the costly damage from floods. Most property insurance policies will include coverage for accidents and natural disasters, but floods are usually left out. When it comes to businesses, most owners will do whatever it takes to keep their location and company running properly. Insurance companies will provide commercial through the National Flood Insurance Program (NFIP). This program is sponsored by the Federal Emergency Management Agency (FEMA), and was created in 1968 to protect property owners from costly flood damage.
The NFIP offers up to $250,000 in funds for building coverage, and up to $100,000 for contents within the building. If your business is in need of further coverage, you are able to purchase “excess” coverage to provide protection above those limits.
Where JMG Can Help
JMG offers flood insurance to provide a safety net for our clients in the face of disaster. We want to provide a sense of financial security during tumultuous times. JMG offers commercial flood policies, and we strive to protect our partners no matter where they have been affected. Our policies are designed to protect our clients to the fullest extent. Don’t let a flood dampen your future, protect yourself with a strong flood insurance policy.
Protect Against Floods with JMG
Storms and natural disasters can be scary. Knowing you’re protected in the face of disaster can help to ease some of the stress and worry. When you have the proper flood insurance policy in place, not even the toughest storms can shake you. Seek out the protective nature a policy provides, and shield your property today. Don’t let floods take away your future, defend yourself, your business, and property with flood insurance. For more information on how to safeguard against floods, reach out to JMG by phone at 1-844-304-7332 or contact us online.