Diane Difo

Standard homeowners policies generally exclude flooding, so owners often need separate flood insurance or a provider endorsement to protect homes and belongings.
Covered flooding can stem from blocked drainage, storm surges, dam failures, heavy rain, flash floods, melting snow, and tropical storms, depending on policy terms.
Policies typically split protection between dwelling coverage for structures and personal property coverage for items like clothing, electronics, furniture, and portable appliances.
Key exclusions include preventable mold, moisture, cash, precious metals, landscaping, pools, decks, vehicles, business interruption, plus flood-triggered landslides or mudslides remain excluded.
Most standard policies begin after a 30-day waiting period; renters can buy contents coverage, and disaster grants do not replace standard flood insurance.

Flood Insurance Gives Homes Dedicated Protection

Commercial lines insurance gives businesses property and casualty protection, helping cover losses tied to lawsuits, natural disasters, accidents, and operational risks worldwide.
Unlike personal insurance, commercial coverage protects business assets and activities, not personal possessions, with policies customized around each company's needs and risks.
Common coverage options include workers' compensation, general liability, builder's risk, commercial auto, business interruption, medical malpractice, flood, aircraft, and marine policies for businesses.
Small or home-based businesses may need commercial coverage because homeowners' insurance typically offers limited or no protection for business activities or assets.
Premiums vary by business type, size, location, employee count, and coverage needs, so matching policies to specific risks is key for continuity.