Commercial Flood Insurance
Safeguard your customer's businesses against flood risks with our tailored Commercial Flood Insurance solutions.
Quote your Commercial Flood Insurance:
London Underwriters offers Residential and Commercial Flood programs available through NFIP, Neptune Flood and Dual. Our programs offer both primary and excess flood coverage.
Email newbusiness@londonuw.com for a quote.
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Residential & Commercial Flood
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Primary & Excess Available
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Programs Available: Neptune Flood, Dual, and NFIP
Dual Guidelines: NFIP Program
You can submit risks for Dual for one of our Underwriters to assist you.
Dual's Flood Program is specifically designed for Commercial and Commercial Real Estate Buildings.
Their programs include: NFIP, Private Primary Flood and Excess Flood.
Carrier A.M.
Best Rating: “A”
Excess Flood
Private Primary Flood
NFIP
Limits of Liability
> Commercial: $500,000
> Condominium: $250,000 x No. of Units
Contents
> Commercial: $500,000
Deductibles
> Range: $1,250 to $25,000
Commercial Flood Insurance Coverage
Buildings (Commercial & Condominiums)
Contents (Business Contents)
Loss of Income (Net Business Income or Loss of Rents)
Dual Guidelines: Primary Flood Program
You can submit risks for dual for one of our Underwriters to assist you.
Dual's Flood Program is specifically designed for Commercial and Commercial Real Estate Buildings.
Their programs include: NFIP, Private Primary Flood and Excess Flood.
Carrier A.M.
Best Rating: “A”
Excess Flood
Private Primary Flood
Program Benefits
✓ Replacement Cost coverage for building & contents
✓ No Elevation Certificate (EC) is required but some locations may require EC to bind coverage
✓ Ability to schedule multiple locations into one policy
✓ Loss of income/loss of rents coverage
✓ Improvements & Betterments additional limits
✓ Policy wording meets lender compliance
Waiting Period
✓ No waiting period in respect to loan closing
✓ 7 day waiting period for coastal (Tier 1 & 2) risks
✓ 14 day waiting period for inland risks
Eligible Properties
Commercial
Properties
Apartments
Multi-Family Condominiums
Limits of Liability
> Building & Contents: $5M combined on any one building
> Business Income: $2,500,000
Minimum Deductible
> $2,000 per occurrence for Buildings
> $2,000 per occurrence for Contents
Dual Guidelines: Excess Flood Program
You can submit risks for dual for one of our Underwriters to assist you.
Dual's Flood Program is specifically designed for Commercial and Commercial Real Estate Buildings.
Their programs include: NFIP, Private Primary Flood and Excess Flood.
Carrier A.M.
Best Rating: “A”
Excess Flood
Private Primary Flood