Presented by: The Flanders Group – Commercial Lines Division
EmpireStateMarine Trades Association Insurance Program Manager
Water overflowing from a lake, river or the ocean are not the only causes of a flood. Winter storms and snowmelt, residual rain from a hurricane and heavy rain in general are common (but often overlooked) causes of flooding and most property policies exclude coverage for flood.
Sometimes flood coverage is not enough to prevent a financial loss whether the coverage amount is insufficient or coverage is unavailable for a particular type of property. Here are some preventative measures you can take to avoid damage by flood:
- Build shelving for items such as your inventory, tools, equipment and important files to keep them off the ground.
- Elevate water heaters and furnaces at least six inches above basement floors or move them to an upper floor.
- Raise electrical panel boxes, switches, and outlets at least one foot above the 100-year flood level. For help in determining the 100-year flood level in your area, check with local officials.
- Anchor a fuel tank by securing it to a large concrete slab or to ground anchors using metal straps.
- Move hazardous materials to higher locations…. This includes paint, oil, cleaning supplies and other dangerous materials.
- Build retaining walls to hold soil in place and prevent erosion where needed.
- Get downspouts down in place so that water is carried away from your buildings.
- Stockpile emergency building materials…. These include plywood, plastic sheeting, lumber, nails, hammer, saw, pry bar, shovels and sandbags.
If you have specific questions about flood insurance, call The Flanders Group, ESMTA Insurance Program Manager at 800-462-6435.