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TUESDAY, DECEMBER 1, 2015
Earthquakes and floods are two potentially significant causes of loss which are excluded from coverage under your business' property insurance. The timing of the next seismic event is uncertain, but experts are reporting a strong El Nino system is in place and California will likely experience significant quantities of rainfall this winter. Some experts predict that California may receive precipitation levels that exceed the ability of our drought-hardened soil to absorb and our infrastructure to effectively collect. Unfortunately, flood damages associated with accumulated or rising surface water are not covered by your standard business property insurance.
Resource information on this topic is included for your review. Please contact your Dealey, Renton & Associates Account Manager if you have any questions about flood (or earthquake) insurance or if you are interested in obtaining a premium quotation. Do not delay as there are mandatory minimum waiting periods before this coverage can be made effective.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only.
It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional
in your state. By using this blog site you understand that there is no broker client relationship between
you and the blog and website publisher.
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