Protect your business from destructive events.
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Flood insurance in Rossford, OH and throughout Ohio and Michigan.
At least 25 percent of businesses that close after destructive events such as floods never reopen. We’ll design a policy that will protect your business, as well as its physical contents and assets, from the damage costs that come from floodwater.
As with homeowners insurance policies, many business owners don’t realize that their commercial property insurance doesn’t necessarily cover flooding.
Suffering a flood can wipe out a business, because it’s not just a matter of replacing damaged equipment and repairing buildings, but also the sheer time it takes, during which the facilities can’t be used.
In some cases, flood insurance policies don’t take effect until after a 30-day waiting period, so it’s not smart to wait until heavy rain is forecasted in your business’ location.
Additionally, it’s important to note that with commercial properties, sudden excessive rainfall isn’t necessarily the biggest flood risk. You must also factor in drains getting clogged, which can turn a normal rainfall or snow storm into an unexpected catastrophic event.
Which insurance solution is right for your family?
Explore how having the right insurance can protect you from the unexpected.
Building Coverage: Foundation
Risk Factor
Damage to the foundation, staircases, and anchorage systems can compromise the structural integrity of your home, leading to major structural problems.
Solution
Building Coverage for the Foundation covers damage to these critical structural components, ensuring your home's stability and safety.
Building Coverage: Garage
Risk Factor
Detached garages are vulnerable to flood damage during covered events, sometimes requiring repairs or rebuilding.
Solution
Building Coverage for the Garage protects detached garages from flood damage, providing financial security during such events.
Building Coverage: Electrical & Plumbing
Risk Factor
Floods can cause extensive damage to electrical and plumbing systems, leading to dangerous situations and invasive repairs.
Solution
Building Coverage for Electrical & Plumbing safeguards you against flood-related damage to these essential systems, ensuring safety and financial protection.
Building Coverage: Appliances
Risk Factor
Floods can damage permanently installed appliances and cabinetry, resulting in high replacement or repair costs.
Solution
Building Coverage for Appliances covers damage to these essential components, maintaining the functionality and aesthetics of your home.
Contents Coverage: Furniture
Risk Factor
Floods can damage or destroy furniture such as couches, tables, and beds, leading to significant financial loss.
Solution
Contents Coverage for Furniture protects against damage to these items, ensuring you can replace or repair them after a flood.
Contents Coverage: Electronics
Risk Factor
Home electronics and some mobile appliances, such as washers, dryers, and microwaves, are susceptible to flood damage, which can result in costly replacements.
Solution
Contents Coverage for Electronics covers damage to these items, providing financial relief in the event of a flood.
Contents Coverage: Clothing
Risk Factor
Flood water can ruin clothing, leading to unexpected expenses to replace essential garments.
Solution
Contents Coverage for Clothing protects your clothing from flood water damage, ensuring you can replace damaged items without financial strain.
As a business owner, you’ll need to look at both commercial flood insurance offered through the federal National Flood Insurance Program (NFIP) and commercial flood insurance coverage from non-NFIP policies.
The two big advantages of non-NFIP policies are that they can pay out full replacement costs (whereas NFIP payments account for depreciation), and they can include coverage for loss of business during the rebuilding phase (loss of business is not covered by NFIP).
Whether your business is located in an area of common flooding or not, commercial flood insurance is worth exploring. Contact our insurance experts, and we can help you get started.
Flood Insurance Quote Request
As an independent agency, we offer multiple options at competitive prices.