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 will not let them do so. If you live in Florida, you are also probably aware that a great deal of the damage that can strike your building is likely due to the state’s famous weather. As such, it might be time that you consider purchasing commercial flood insurance for your business properties.
It might come as a surprise to you, but basic property insurance does not cover flood damage. There are a number of reasons for this, but the most realistic is simple – deep down, no one really wants to pay for water damage. Water damage is insidious, quick to occur, and most of all expensive to repair.
It is no wonder, then, that a typical insurance policy will not cover a flood – it would not take very much damage for the policy to become maxed out after a single incident. As such, it is important to make sure that you purchase separate flood coverage. Not only will this coverage help you to make sure that your business is covered in the event of water damage, but the knowledge that you have it can help you to speed along your business’ recovery.
It may have been some time since a major hurricane devastated areas of Florida, but those that have lived through the storms know that the damage from flood waters is every bit as a bad as the wind. If you want to make sure that your investments stay safe, you really owe it to yourself to take a look at commercial flood insurance. While it does signify yet another cost of doing business, it is one cost that no Florida business owner should ignore. After all, it is the one type of policy that can help you to put your business back together when the waters once again go out of control.
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.