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Oct 21, 2016
Is Water Damage Covered or not? If you have a claim, it is important to know if you have coverage, or not. On Joe Fairless Best Ever Show Podcast #746 I was the guest and we discussed damage caused by water. The standard property policy EXCLUDES Water: Flood Mudslide Water that backs up from a sewer, drain Unless through one of these the result is a fire, explosion or sprinkler leakage. Backup of Sewer or Drain. There are many companies that will give back coverage for: Backup of Sewer or Drain for limits from $5,000 to $100,000 Flood is its own policy. If you are in a Flood zone, you have a couple of options: Purchase Flood Insurance Get a letter of Map Amendment Checkout CREPN #35 with Steve Gill, owner of Flood Risk America Save 20% https://qc115.infusionsoft.com/app/page/save20flood For more information about Commercial Real Estate Insurance like this, get your Commercial Real Estate Insurance Buyers Guide
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