Will an NFIP business policy pay for downtime after a flood?
FloodSmart says NFIP business coverage addresses direct flood damage to building and contents, with separate limits and deductibles. It excludes financial losses caused by business interruption.
Inventory the building interest and contents separately, including equipment, inventory, and raw materials. Ask which NFIP limits and deductibles would apply to the actual location and property.2
If lost revenue is central to the decision, ask separately about available business-interruption wording and its trigger. Do not assume a private policy or another form follows the NFIP treatment.2
Read the Climate Insurance Buying Guide
Sources and Further Reading for Climate
Get Help With Insurance Buying and Renewals.
Get help buying coverage and managing renewals, with less paperwork for your team. Create your account and submit an insurance request online.
