FLOOD INSURANCE

According to The National Flood Insurance Program, in the past 10 years the average flood claim has totaled over $33,000.  Just a few inches of flood water can have a devastating effect on your business.

Most commercial buildings qualify for flood insurance coverage with premiums starting at around $550.  Premiums are based on factors like; year of building construction or age of building, number of floors, location of contents and building occupancy.  It is important to note the thirty-day waiting period to purchase flood insurance.

WATER/SEWER BACK UP

Every year in the United States, backed up sewers cause damage to approximately 500,000 basements.  In July of 2010, many Wisconsin businesses found out the hard way that water/sewer back-up claims are not covered by a standard property policy.  Limits can be added, or endorsed, to a policy for a nominal premium.  Similar to flood insurance, there is a waiting period for the purchase of water/sewer back up coverage.

Regardless of how your water flows, The Starr Group has a solution.  Please contact us for more information or a quote on these important coverages.