Understanding Commercial Storm Insurance

4/13/2022 (Permalink)

High winds, heavy rains, and other effects can damage your building and contents inside your Bothell, WA home.

Commercial Storm Insurance Explained

Bad weather isn't unheard of in Bothell, WA . You can't often anticipate a major storm, but there are ways you can be prepared. High winds, heavy rains, and other effects can damage your building and contents inside. Storm insurance should be an essential piece of your business, as it can protect you and your investment. It's important to know how it works and what it covers.

What General Property Insurance Covers
You are no doubt familiar with property insurance and have a policy for your business property. However, this plan will not cover all types of damage you'd encounter from a storm. It will help repair damage from the following:

• Damage from hail and wind
• Damage from tornadoes
• Water damage from broken pipes or a leaky roof

Covering the Rest
You may wonder what happens with other types of flooding if your normal insurance policy won't cover cleanup and repair costs. Storm insurance is supplemental and takes care of water damage that results from overflowing waterways, sewer backups, or broken sewer lines. This coverage will also come in handy if torrential rainfall causes water to gather near the foundation of the building that then finds its way inside.

Filing a Claim
It's always best to file a claim as soon after the incident as possible. Insurance coverage is there to give you peace of mind and help you to rebuild. But the longer you wait to make a claim, the more difficult it will be to go through the process. Call your agent and describe what happened and what was damaged. It's best to include pictures of the affected area and a list of items that were lost. 

Once you file a storm insurance claim, your agent will coordinate with professional cleanup crews to assess the situation and begin cleanup and rebuilding efforts. If you don't have supplemental flood coverage, purchase a policy today.