Whilst flooding can cause damage to buildings, equipment and stock it is often the financial impact of a business, not being able to trade that leads to many businesses permanently shutting their doors.
The extreme weather events over the past couple of years have seen an increasing number of insurers no longer offering cover for businesses that have previously flooded or that are in high flood risk areas.
As a specialist flood insurance broker we're reliant on insurers being willing to offer cover for high flood risk and previously flooded properties, and there are few that are willing to do so. Unlike home insurance, there is no Flood Re equivalent scheme that offers cover for businesses.
Our advice to business owners:
How can we help you?
It is possible to obtain an insurance policy that covers you just against flooding. This is a seperate insurance policy that runs independantly alongside a standard business insurance policy that covers you for other risks such as fire and theft. We are able to offer you two types of insurance policy that will cover you just for flooding.