Buying Commercial Flood Insurance in Tampa Florida

Commercial flood insurance in Florida is available through insurance agencies that offer policies to commercial enterprises. Just like residential property owners, commercial business owners may be required to purchase flood insurance if they are in a flood zone and have a mortgage on their property. Even if a business owns their building and property outright, it is usually a wise business decision to purchase flood insurance.
Flooded BusinessIn Florida, like in all other states, commercial flood insurance is sold through the National Flood Insurance Program (NFIP). Insurance agencies may include the flood insurance policy as part of an overall commercial insurance policy or they may sell the policy on its own. FEMA sets the rates and enforces the rules of each policy. All rates for flood coverage are the same for the same amount of coverage. It does not matter from which Florida insurance company a business chooses to purchase their flood insurance
While all Florida insurance companies must charge the same amount for protection from flooding, they may charge different rates for other types of business insurance. Thus, it is very possible if a business bundles their commercial coverage – property damage, liability, Key Man and so on – the rates paid can vary substantially from one insurer to another
Standard policies usually have a 30 day waiting period before they take effect. When you purchase a policy, it will cover most physical damage to the actual physical structure as well as damage to the personal contents within the structure. Examples of typical coverage for the physical structure include the insured building and its foundation and the electrical and plumbing systems. Personal contents that are usually covered include such things as office furniture and electronic equipment.
Policies do not normally cover damage caused by mildew, mold or moisture that the owner could have prevented. They also do not usually cover losses due to business interruption or the loss of use of insured property.
Following is an example of the rates charged for Florida Commercial Flood Insurance. The premiums for $200,000 of Building and $100,000 of Contents coverage as of October 1, 2011 were $2,713 annually. The maximum amount of coverage available through the NFIP is $500,000 for the building and $500,000 for the building’s contents.
For current rates and ways to save, business owners in the Tampa Bay area in need of adding commercial flood insurance to their commercial insurance policy should call Mid Florida Insurance Professionals at (813) 962-3082 for a quick quote and excellent rates on all commercial insurance plans.
Commercial flood insurance in Florida is available through insurance agencies that offer policies to commercial enterprises.  Just like residential property owners, commercial business owners may be required to purchase flood insurance if they are in a flood zone and have a mortgage on their property. Even if a business owns their building and property outright, it is usually a wise business decision to purchase flood insurance.
In Florida, like in all other states, commercial flood insurance is sold through the National Flood Insurance Program (NFIP). Insurance agencies may include the flood insurance policy as part of an overall commercial insurance policy or they may sell the policy on its own.   FEMA sets the rates and enforces the rules of each policy.  All rates for flood coverage are the same for the same amount of coverage. It does not matter from which Florida insurance company a business chooses to purchase their flood insurance.
While all Florida insurance companies must charge the same amount for protection from flooding, they may charge different rates for other types of business insurance. Thus, it is very possible if a business bundles their commercial coverage – property damage, liability, Key Man and so on – the rates paid can vary substantially from one insurer to another.
Standard policies usually have a 30 day waiting period before they take effect.  When you purchase a policy, it will cover most physical damage to the actual physical structure as well as damage to the personal contents within the structure.  Examples of typical coverage for the physical structure include the insured building and its foundation and the electrical and plumbing systems. Personal contents that are usually covered include such things as office furniture and electronic equipment.
Policies do not normally cover damage caused by mildew, mold or moisture that the owner could have prevented. They also do not usually cover losses due to business interruption or the loss of use of insured property.
Following is an example of the rates charged for Florida Commercial Flood Insurance. The premiums for $200,000 of Building and $100,000 of Contents coverage as of October 1, 2011 were $2,713 annually.  The maximum amount of coverage available through the NFIP is $500,000 for the building and $500,000 for the building’s contents.
Commercial flood insurance in Florida is available through insurance agencies that offer policies to commercial enterprises. Just like residential property owners, commercial business owners may be required to purchase flood insurance if they are in a flood zone and have a mortgage on their property. Even if a business owns their building and property outright, it is usually a wise business decision to purchase flood insurance.
In Florida, like in all other states, commercial flood insurance is sold through the National Flood Insurance Program (NFIP). Insurance agencies may include the flood insurance policy as part of an overall commercial insurance policy or they may sell the policy on its own. FEMA sets the rates and enforces the rules of each policy. All rates for flood coverage are the same for the same amount of coverage. It does not matter from which Florida insurance company a business chooses to purchase their flood insurance.
While all Florida insurance companies must charge the same amount for protection from flooding, they may charge different rates for other types of business insurance. Thus, it is very possible if a business bundles their commercial coverage – property damage, liability, Key Man and so on – the rates paid can vary substantially from one insurer to another.
Standard policies usually have a 30 day waiting period before they take effect. When you purchase a policy, it will cover most physical damage to the actual physical structure as well as damage to the personal contents within the structure. Examples of typical coverage for the physical structure include the insured building and its foundation and the electrical and plumbing systems. Personal contents that are usually covered include such things as office furniture and electronic equipment.
Policies do not normally cover damage caused by mildew, mold or moisture that the owner could have prevented. They also do not usually cover losses due to business interruption or the loss of use of insured property.
Following is an example of the rates charged for Florida Commercial Flood Insurance. The premiums for $200,000 of Building and $100,000 of Contents coverage as of October 1, 2011 were $2,713 annually. The maximum amount of coverage available through the NFIP is $500,000 for the building and $500,000 for the building’s contents.
Commercial flood insurance in Florida is available through insurance agencies that offer policies to commercial enterprises. Just like residential property owners, commercial business owners may be required to purchase flood insurance if they are in a flood zone and have a mortgage on their property. Even if a business owns their building and property outright, it is usually a wise business decision to purchase flood insurance.
In Florida, like in all other states, commercial flood insurance is sold through the National Flood Insurance Program (NFIP). Insurance agencies may include the flood insurance policy as part of an overall commercial insurance policy or they may sell the policy on its own. FEMA sets the rates and enforces the rules of each policy. All rates for flood coverage are the same for the same amount of coverage. It does not matter from which Florida insurance company a business chooses to purchase their flood insurance.
While all Florida insurance companies must charge the same amount for protection from flooding, they may charge different rates for other types of business insurance. Thus, it is very possible if a business bundles their commercial coverage – property damage, liability, Key Man and so on – the rates paid can vary substantially from one insurer to another.
Standard policies usually have a 30 day waiting period before they take effect. When you purchase a policy, it will cover most physical damage to the actual physical structure as well as damage to the personal contents within the structure. Examples of typical coverage for the physical structure include the insured building and its foundation and the electrical and plumbing systems. Personal contents that are usually covered include such things as office furniture and electronic equipment.
Policies do not normally cover damage caused by mildew, mold or moisture that the owner could have prevented. They also do not usually cover losses due to business interruption or the loss of use of insured property.
Following is an example of the rates charged for Florida Commercial Flood Insurance. The premiums for $200,000 of Building and $100,000 of Contents coverage as of October 1, 2011 were $2,713 annually. The maximum amount of coverage available through the NFIP is $500,000 for the building and $500,000 for the building’s contents.