Wednesday 15 August 2012

Insurance Policies for Flooding in Georgia

We are told that back in Bible days, Noah was called to build an ark when faced with the threat of a flood. But in this day and age, most businesses don't have the option of building a boat and sailing off at the first sign of heavy rainfall. Therefore, for the average Georgia business owner, the purchase of general business insurance for flooding might be a better idea. 
Most of us would define a flood as so much water outside that you need to take a rowboat to work. Did you know that there is a National Flood Insurance Program? There most certainly is, and thanks to FEMA's NFIP, a Standard Flood Insurance Policy (SFIP) has created an official flood definition. The aforementioned definition reads as follows: "A general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at least one of which is your property) from overflow of inland or tidal waters, from unusual and rapid accumulation or runoff of surface waters from any source, or from mudflow".
The National Flood Insurance Program (NFIP) is a federal program that allows property owners in participating communities to purchase insurance protection against losses from flooding. This is particularly important for businesses in locations insurers may be reluctant to insure. And Georgia can be unlike any other in its potential for floods. Georgia business owners can be terribly reluctant to spend a dime on additional , but the risk of flood damage is great enough to warrant this urgent plea to reconsider the return on such an investment.
Chances are good you're not an ark builder, so if you have questions about purchasing , take advantage of the wonderful folks at your 
. After all, they're there to act as liaisons and intercessors between you and the moguls of the big insurance companies. So look one up now, and you'll be able to save some of your corporation's hard-earned money for a rainy day indeed. Stay dry, dear readers.

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