Business Catastrophe Insurance
Business Catastrophe Insurance Features
Catastrophe insurance protects businesses and residences against natural disasters such as earthquakes, floods, and hurricanes, and against human-made disasters such as a riot or terrorist attack. These low-probability, high-cost events are generally excluded from standard homeowners insurance policies.
- Though they both deal with protecting a home, catastrophe and homeowners insurance are technically two different types of coverage.
- Catastrophe insurance protects businesses and residences against natural disasters—such as earthquakes and floods—and against man-made disasters.
- Special catastrophe insurance is available for specific natural disasters, such as flood insurance, storm insurance for hurricanes and tornadoes, earthquake insurance, and volcano insurance.
- Flood insurance is unique in that it is available through the federal government
or more information about business catastrophe insurance, give The CFI Agency. a call today