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Commercial Flood

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.

  • Residential & Commercial Flood

  • Primary & Excess Available

  • 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.

NFIP Program

Carrier A.M. 
Best Rating: “A”

NFIP Program

Excess Flood

NFIP Program

Private Primary Flood

NFIP Program

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

Coverage Available

Flood Insurance

Buildings (Commercial & Condominiums)

Flood Insurance

Contents (Business Contents)

Flood Insurance

Loss of Income (Net Business Income or Loss of Rents)

Dual Guidelines: NFIP Program

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.

Flood Insurance

Carrier A.M. 
Best Rating: “A”

Flood Insurance

Excess Flood

Flood Insurance

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

Commercial 

Properties

Apartments

Apartments

Multi Familiy Condominiums

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: Primary Flood Program

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 AM

Carrier A.M. 
Best Rating: “A”

Excess Flood

Excess Flood

Private Primary Flood

Private Primary Flood

Limits Available/Per Occurrence

> $20M over all interest per risk
> Additional Limits Available Upon Request

 

Building, Contents, Loss of Income

> $20 Million Condo Building
> $10 Million Earthquake When Purchased with Excess Flood

Dual Guidelines: Excess Flood Program

Neptune Flood Guidelines: Commercial Flood

$2M

Building Coverage

$500k

Contents Coverage 

No

Elevation Certificate (EC)

Additional Coverage

​​Yes! Business Interruption up to $25,000

Waiting Period

No wait on real estate closing otherwise 10 days

Neptune Flood Guidelines: Commercial Flood
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