With insurers using ever increasingly sophisticated flood data it is increasingly often the case that insurers are declining to offer flood insurance cover to existing or new policyholders and they are under no obligation to do so.
Unlike home insurance, there is no Flood Re equivalent scheme that offers cover for businesses and as a result many businesses are either choosing to or have no choice but to self insure and or install a range of flood resilient measures to protect their property. For businesses that have mortgages in place or require finance to grow not having insurance can be financially devastating.
What many business owners are not aware of is that it is possible to buy flood only cover. This is a separate insurance policy that runs independently and often alongside a business insurance policy that covers you for all other risks that your business may face.
We're able to offer flood only cover for a wide range of businesses including:
As well as covering damage to your property and its contents, we are also able to offer cover for business interruption.
To get a quote or to find out more call our team on 01832 770770.