When it comes to protecting your business, most owners think about property insurance, general liability, and maybe cyber coverage. But one of the most overlooked risks in commercial insurance? Flooding.
The truth is:
The best time to buy flood insurance was when you opened your business or purchased the property.
The second-best time? Right now.
Why Flood Insurance Matters for Businesses
Flooding is the most common and costly natural disaster in the U.S., and commercial properties are not immune. Just in the past year, hurricanes and severe storms caused billions of dollars in damage—and a large portion of that was uninsured flood loss.
What’s worse: Standard commercial property insurance policies do not cover flood damage.
Many business owners assume that because their property isn’t in a “high-risk” flood zone, or because their lender didn’t require it, they’re safe. But the data tells a different story—more than 25% of flood claims come from moderate- to low-risk areas.
At Ricci Insurance Group, we’ve seen this play out firsthand. One of our team members had their own home flooded, while several others had family members and close friends experience catastrophic flood loss to both homes and businesses. Some had flood insurance and were able to rebuild quickly. Others weren’t so lucky.
What Business Owners Need to Know
- Flood insurance for commercial buildings is available and affordable—but it’s not automatic.
- Most policies have a 30-day waiting period, meaning you can’t purchase coverage when a storm is already on the radar.
- Flood damage can bring your operations to a standstill, ruin equipment or inventory, and result in costly downtime or relocation expenses.
Whether you own a restaurant, contractor business, retail shop, medical office, or investment property, flood insurance should be part of your commercial risk strategy.
Don’t Leave a Gap in Your Coverage
Flooding can happen anytime, anywhere. And with weather patterns becoming more extreme, smart risk management means planning ahead—not reacting after the fact.
At Ricci Insurance Group, we specialize in helping business owners like you protect what you’ve worked so hard to build. If you’re not sure whether flood coverage is included in your policy, or you’re wondering what it would cost to add, we’ll walk you through your options with no pressure.
