Green River Flooding?
It is one of the largest manufacturing, distribution, and warehousing districts on the West Coast. • Even if you are not in the zone, do you have key suppliers of goods or services in the zone? Your business may be indirectly affected even if it experiences no physical flooding itself. Your commercial property insurance may cover such losses from others’ physical property damage, but typically only if the original cause of the loss is also covered. • Check your insurance policies to see if you have flood insurance. Most regular commercial and residential property policies exclude flooding from their coverage. Commercial flood coverage typically is found in a supplemental policy called a Difference in Conditions (DIC) policy. Such policies usually have a high deductible for property located in FEMA flood zones. Businesses and homeowners can insure with the federal government’s National Flood Insurance Program (NFIP). NFIP policies have fairly low limits but provide a base level of insur
