In many parts of the world where floods are experienced on a regular basis, commercial flood insurance is a necessity. It is very risky for business owners in the State of Florida to operate without this type of cover. This is because floods can cause extensive damage to buildings and their contents. According to official […]
Commercial Property Insurance Requirements in Florida
With beautiful beaches, ample tourist attractions, and a prosperous business climate, many companies choose Florida for the best chances to profit and grow their business. But Florida also has high risk. The weather is often unpredictable with tropical storms, wind, rain and flooding. In 2018 alone there were over 1 million insurance claims with a […]
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, […]
Wind Policies: The State of Florida Commercial Property Insurance
For the past two decades, Florida has had perplexing issues regarding commercial wind policies and deductibles. This dilemma began in the aftermath of hurricane Andrew in August of 1993. Fortunately, Andrew’s land fall strike was several degrees South via Southwest of the City of Miami resulting from a complete catastrophe not only from South Florida […]
Why Bother With Commercial Flood Insurance?
Commercial Flood Insurance in Florida If you run a business, it is almost a given that you have basic property insurance. Few business owners, after all, have enough cash on hand to pay to completely rebuild a business from square one, and those that do are smart enough to know that a good insurance policy […]