Three Rules of Business a Flood Doesn’t Follow:
You know the three rules of business: Location. Location. Location.
A flood isn’t so discriminating though. No matter where you are, a flood can wreak havoc on your business. Given that flooding is the #1 natural disaster in the U.S. and that 25% of businesses that close their doors during a disaster never reopen them, you need to know your options.
In 2008 alone, the average paid commercial flood claim was more than $85,000. This kind of financial burden would rest squarely on your shoulders. Are you prepared for that?
You secure a small business loan. But do you additional debt at a time when your business is already in trouble?
You get flood insurance. This is the best possible option. A flood insurance policy will cover your looses for a fraction of the cost it would take to repair them. And it’s surprisingly affordable. With new options, you can insure the building and contents or contents only. And that starts at just $145 a year for $50,000 in content coverage.
Three Things To Do:
• Learn more about flood insurance coverage.
• Contact an agent today.
• And lastly, the most important. Don’t wait until it’s too late.
Go to FloodSmart.gov/location today or call 1-888-724-6409.
Warning: ¼ of all flood claims come from low-to-moderate risk areas.
**This information was distributed first by FEMA and the National Flood Insurance Program.**