Florida ranks among the top three states for hurricane landfalls, and much of its terrain is flat. These factors make property in the Sunshine State more susceptible to flooding than in most other states. Flood insurance can help protect your personal and commercial property, but only if you choose the right policy.
What Type of Flood Insurance Does a Home-Based Business Need?
A standard flood insurance policy is designed to cover your home and personal belongings, including the structure, appliances, furnishings, and other items. However, it does not cover business equipment or inventory, even if these items are stored at home. To ensure these assets are protected, you’ll need to purchase a commercial insurance policy.
If your business assets or inventory are particularly valuable, you may also want to consider umbrella insurance to provide additional coverage if damages exceed the limits of your flood insurance policy. Additionally, business interruption insurance can be beneficial, as it covers your business expenses while you recover from flooding.
Call Americas Insurance Associates for More Information
Working from home can save time and money, but insurance is one expense you shouldn’t skimp on. Flood insurance that covers both your personal and commercial property will protect your investment and help your business recover quickly after a flood.
At Americas Insurance Associates, we specialize in helping Florida-based business owners find great deals on commercial insurance policies and bundles. If you need flood insurance for your home-based business, contact us today to learn more about coverage options and request policy quotes.
