Category Archives: Insurance

How Flood Damage Impacts Property

When it comes to severe weather, one of the most commonly overlooked issues is a flood. The reality is that flood damage has the potential to wreck your home or business. Furthermore, many insurance policies don’t typically cover flood damage Tampa. With this in mind, what are some of the impacts that you might feel if a flood impacts your property?

Photo by Leon Seibert on Unsplash

Severe Health and Safety Risks Might Arise

One of the most immediate effects of a flood involves health and safety risks. This can lead to a cornucopia of safety and health problems if the water is not handled immediately. Some of the key issues that could arise include structural damage, risks involving exposed wires, sharp metal and shrapnel that might be hidden under the surface of the water, landslides, the destruction of roads and bridges, and severed communication lines. All of this is piled on top of the most immediate issue of contaminated drinking water.

A Tremendous Degree of Property Damage

While water is essential for life, too much water can lead to destruction. Hurricanes and other severe storms can lead to a tremendous amount of property damage. Many people do not realize that ninety percent of all damage stemming from natural disasters is caused by water damage. This includes equipment, homes, vehicles, businesses, and belongings. There is nothing that is immune to the force of water damage. Even a few inches of water damage can destroy a home or business in addition to ruining the land underneath.

Rely on the Help of Trained Flood Experts

These are just a few of the key points that everyone has to keep in mind when it comes to flood damage. The best way to deal with flood damage is to prevent it from happening. That is where flood experts can help.

Importance of Errors and Omissions Insurance Cover

What is this? errors and omissions insurance is the type of insurance cover that professionals take to cover against mistakes that may cause financial harm to another party. This is the kind of insurance cover that an insurance broker or a freelance accountant would take. Such errors as they would make could prove to be very costly to their clients and a lawsuit would definitely follow. This kind of cover will insulate one from facing the cost of the lawsuits that would be sure to follow the professional mistakes. It is taken separately, from the more common general insurance covers for business. This cover takes care of a professional liability claim against a company.