Commercial Flood Insurance Policies

For homes and businesses located in low-lying Houston and throughout Texas and the Gulf Coast regions, flooding is a real and serious danger. After recent Hurricanes Rita and Ike, most of us would think that purchasing commercial flood insurance would be a no-brainer, but there are unfortunately many businesses that choose to turn a blind eye to the possibility of flooding.

At Preferred Alliance Group, our goal is to make sure you are fully aware of the risks associated with owning a commercial property in a flood zone and to insure your Texas commercial property with the appropriate amount of coverage to take care of you in the case of a flood.

Most business flood insurance policies will cover:

• Damages to the building itself as well as its contents, including furniture, machinery, and electronics

• Sandbagging, which is a preventative measure in protecting a commercial building against indoor flood damage

• Any clean-up and repairs that are necessary after the flood has subsided. This includes debris removal, floor cleaning, re-painting, and more.

It is important to note that flooding is not covered by a standard commercial property insurance policy. Additionally, flood insurance is only available where the local government has adopted adequate flood plain management regulations.

Preferred Alliance Group will work together with you and your company to determine if you qualify for flood insurance under the National Flood Insurance Program (NFIP) and help you find a flood insurance rate that fits your needs. Additionally, we will help determine if you qualify for any discounts.

Whether you own a huge office, a small retail shop, or simply a warehouse or two, commercial flood insurance in Texas is an absolute necessity and a cost you cannot afford to ignore.