Commercial Flood Insurance

Benefits:

• Lender-accepted National Flood Insurance Program (NFIP) Compliance Guarantee
• Competitive rates
• Business Income coverage and Extra Expense
• Replacement Cost coverage for building and contents
• Ability to schedule multiple locations if located in the same state
• Deductible options from $1,000 to $100,000
• No HFIAA surcharge or reserve fund assessment
• No Elevation Certificate required
• Coverage issued by “A” rated insurers (Certain Underwriters at Lloyd’s, London)
• Quick claim processing provided by Tokio Marine Highland’s wholly owned Precise Adjustments, Inc.

Available Limits Per Building:

• Building: Up to $5M
• Contents: Up to $1M
• Business Income: $500K
• Total Combined: $5M

Optional Commercial Flood Blanket Endorsement

Key features:

• Shared limits across multiple buildings and locations for more flexible protection
• $5M Combined Annual Aggregate Maximum
  • Annual aggregate limits up to $5M (building) and $1M (contents)
• $10M Maximum Replacement Cost per building
• Coverage for up to 10 buildings in a single location
• Business Income coverage up to $500K to protect continuity after a covered building or contents loss
• Deductibles ranging from $5K to $100K per building

Rating:

• All policies are individually rated based on a property’s location, elevation, flood zone, number of stories, construction type, foundation type and loss history.

Ineligible Risks:

• Structures not built on permanent foundations or built over water
• Negatively elevated risks
• Risks with prior flood claims
• Risks under the NFIP’s Emergency Program, under probation, or located in Non-Participating communities
• Sewage / wastewater treatment facilities
• Assisted living facilities
• Hospitals / medical facilities