Commercial flood insurance generally covers flood damage, which can be anything from the property, building, equipment, fixtures, and anything else that had flood water damage.
If you are considering flood insurance, you’ll also want to consider that most flood insurance policies have a 30-day wait period before they are effective. This means that if you are expecting a flood or a period of bad weather, you’ll want to prepare in advance, rather than expecting your flood insurance to immediately apply.
If you have more questions about flood insurance for your business, and whether you should purchase flood insurance please give us a call or send us an email.