X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Of all the natural disasters, floods are the most common. Yet many businesses and homeowners do not carry insurance to protect them from this potentially devastating risk. The standard ISO commercial property and businessowners policies do not provide coverage for flood damage and thus coverage must be purchased separately from the National Flood Insurance Program (NFIP) through authorized insurers, or from some private insurers who have their own policies called “write your own” (WYO). The NFIP is a federal program administered by insurance professionals that will cover all types of floods, including flash floods, storm surges, mudslides or snowmelts. Flood policies offered by private insurers may differ in the type of flood events covered.

This premium content is locked for
FC&S Expert Coverage Interpretation subscribers.

Request a Free Trial today to enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Trusted, quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email customerservice@nuco.com.

FC&S Editors

 

Get Answers Directly From the FC&S Experts

Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.

Question of the Week

Coverage For Damages When Theft Exclusion Is On Policy ›

Questions coverage for damages that occurred during break-in when the theft exclusion is on the policy.

Question of the Week Archive ›

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.