Flood damage is excluded under most standard business insurance policies, but it’s not unwise to check with your insurance agent about your individual situation. Business owners who have purchased policies through the National Flood Insurance Program may be covered in certain disaster events.
National Flood Insurance Program
Federal flood insurance is available for business owners in designated flood plain areas. Costs vary depending on how much insurance is purchased, what it covers, and the property’s flood risk. Policies provide coverage for building, with optional coverage available for contents. Typically, there’s a 30-day waiting period from date of purchase before your policy goes into effect. The agent who writes your business insurance should be able to assist you in determining your eligibility and coverage options.
You must have purchased National Flood Insurance policy for your business. How do I file a claim?
Contact your agent or insurance company to file a claim.
Online: Information on how to file a claim is available on the National Flood Insurance Program website.
Phone: To learn more about your flood risk and flood insurance options or to locate an agent call 1-888-724-6353 toll free.
What happens after I file a claim?An adjuster should contact you within a few days of filing your claim. Make sure you have the following information handy:
- The name of your insurance company.
- Your policy number.
- A telephone and/or email address where you can be reached at all times.
