Flood Damage – Commercial Insurance Claims
Floods formed from heavy rain, melting snow, storm surges, or tropical cyclones, can cause massive amounts of damage to your business. Unlike most other causes of property damage, flood is not an included peril in standard commercial property insurance policies. Therefore, separate property insurance must be obtained for potential flood losses through the National Flood Insurance Program (NFIP) or through a private carrier.
If your business is damaged by flood waters, you need to act quickly. With the NFIP, there is a strictly enforced 60-day time-frame in which your Proof of Loss Form needs to be submitted. Moreover, that submission needs to be detailed and must comply with federal rules and regulations. The public adjusters at Goodman-Gable-Gould/Adjusters International are very experienced with the NFIP claim filing process, having helped hundreds of business owners with flood insurance claims over the years.
Our team will review your insurance coverage, develop a claim management strategy, and ensure that your claim is filed in a timely and appropriate manner.
Our public adjusters can help by:
- Fully reviewing your insurance coverage;
- Determining policy compliance issues;
- Developing a claim management strategy;
- Completing detailed valuations of building, equipment and inventory losses;
- Formulating business interruption models;
- Assembling comprehensive claim presentations with expert reports; and
- Expediting the insurance claims entire process.
Our public adjusters work exclusively for the policyholder—not the insurance company—enabling us to act in your best interest. As your advocate, we ensure that both you and your business’ flood damage claim are treated fairly by the insurance company.
Who have we helped?
…From the very first day, the advice provided by your staff went well beyond insurance adjusting. …With the support of your staff, we were able to initiate the restoration process with a sense of purpose and optimism. Your guidance enabled us to take the appropriate steps needed to mitigate our damages. …By relying on your expertise, from the very beginning we were able to develop a strategy that positioned us well with our insurer and thus we were able to achieve a full and complete settlement of all claims…
Larry L. Smith, Vice President
Risk Management Services
Our insurance claims experts have helped thousands of business owners across all types of industries. We encourage you to look through our references and testimonials and to contact us for recommendation letters. An internal review showed that our clients felt we delivered what we promised and would work with us again—facts we are proud of. We welcome the opportunity to put you in touch with past clients so you can ask them yourself.
We highly recommend that you check references of any public insurance adjuster you are considering hiring. Over 25,000 satisfied clients attest to the fact that we stick by our core principles, the first of which is to always look out for our clients’ best interests.
Listen to our podcast on “Flood Insurance – Understanding and Recovering from One of Nature’s Worst Disasters” for tips from our experts:
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