Ask The Experts: How do I know if my commercial building is a flood risk?

2/1/2021 (Permalink)

Dealing with water damage isn’t something that your neighbors will envy you for. It can be absolutely devastating for your commercial property, not to mention the possibility of being temporarily displaced, and business put on hold. In preparation for the possibility of a flood in your area, here are a few precautionary steps to ensure you are prepared.

1. Know your flood risk.

It’s important to keep track of your region’s flood risk. There are a number of factors that can determine your flood risk, but keep in mind that nowhere in the United States is free of flood risk. If you live in a coastal city during hurricane season, your flood risk will dramatically increase. Other areas with typically high flood risk include low-lying areas near bodies of water or downstream from a dam or levee.

2. Know your insurance options.

When it comes to natural disaster-type flash floods, typical commercial insurance policies often will not cover the damage. Flood insurance is a separate policy purchased through FEMA, so it’s important to keep that in mind if you do live in an area with high flood risk. It’s also important to familiarize yourself with local disaster restoration companies and choose the one you prefer beforehand since the time to act must be immediately after the flood. 

3. Know the signs of water damage.

Some floods are more severe than others, and in those cases, it will be obvious when your business has been affected. In other cases, however, water damage can be more insidious and it’s important to recognize the signs, as well as knowing the different types of water that can damage your home. Blackwater, for example, is highly contaminated and will cause severe odor and mold damage to your property if not treated immediately. Flood water is, in every case, considered black water. Grey water can also cause damage but is derived from appliances and pipes in your building.