Business Flood
A Small Amount of Water Can Lead to Big Damage
Floods are the costliest natural disaster in the U.S., causing billions in damage annually to hundreds of thousands of businesses and homes. The average business flood claim is $90,0001—it only takes a few inches of water to cause major damage.
Who Needs Business Flood Insurance?
If you’re a business owner, real estate owner or developer, or a property manager, it’s critical to understand your flood insurance options—no matter where you’re located. More than 40% of National Flood Insurance Program (NFIP) claims come from outside high-risk flood areas.2 And flooding isn’t typically covered by standard business property insurance, so it’s important to assess your risks and protect your business from the very real threat of flood damage.
Let McGriff Be Your Guide
McGriff’s specialized Flood team has over 25 years of experience and industry expertise—we’ll help you determine your flood risks and guide you through your insurance options. Whether you qualify for coverage through the NFIP, a private insurer, or a parametric flood product, we’ll help you decide which is the right solution for your business.