Lack of Flood Insurance Could Leave Small Businesses Underwater
White Paper Summary
According to the Federal Emergency Management Agency (FEMA), flooding is the most frequently occurring natural disaster in the U.S.1 Extreme storms are causing rivers, streams, and other bodies of water to overflow in areas that were previously not impacted by flooding. This trend suggests that businesses located outside of Special Flood Hazard Areas or 100-year flood zones are at risk for flooding events and should be considering flood insurance coverage.
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