The flooding that is happening now in Colorado could happen here. Floods can happen anytime, anywhere. It doesn’t take much water to cause a business to go under. A few inches of floodwater can cause tremendous damage…to your building, your equipment and your inventory. The expense of rebuilding, replacement and repair can be staggering. The costs can erode your operating funds and strain your credit
Flooding can affect every zip code
While your area might not be in a high-risk zone, it is not immune to flooding either. In fact, almost 30% of actual flood claims come from low to moderate risk areas. New land development can increase flood risk, especially if the construction changes natural runoff paths. And weather patterns are changing, making neighborhoods that have never before experienced a flood more vulnerable.
Don’t expect the government to help
Governmental assistance is only available in less than half of all floods, and it usually comes in the form of a loan-repayable with interest. In contrast, flood insurance pays qualified claims quickly, giving you the cash you need to get your business back to business.
There is a thirty day waiting period before coverage takes effect. Don’t wait until it is too late.
