Tellico village land tennessee tellico village tennessee land for sale

Tellico Village Land, Tennessee - Tellico Village land for sale. Tellico Village tn, Tennessee Land for Sale. TELLICO VILLAGE is a golf and lake resort community located 35 miles from Knoxville in beautiful Tennessee. Nestled in the foothills of the great Smoky Mountains, this unique Tennessee land for sale contains home sites that sit no more than a mile from Tellico Lake which is part of an inland waterway system that flows through 21 states, up to the Great Lakes and down to the Gulf of Mexico! I think you will see that this is a once-in-a-lifetime opportunity you will not want to miss! WE ONLY HAVE A LIMITED NUMBER OF HOME SITES TO SELL. The Tennessee land for sale is limited so these home sites will be sold on a FIRST-COME, FIRST-SERVED BASIS and we expect them to go fast! Look over the website and then sign up to take part in our FREE WEEKEND FOR TWO!* You and a guest will receive round-trip airfare for two, deluxe hotel accommodations, ground transportation and a private, no sales pressure tour of our home sites.

But you'd better hurry! Our FREE WEEKENDS are filling up fast, so don't delay! Call or make an Online Reservation to reserve your FREE weekend today!

Tellico village land tennessee tellico village tennessee land for sale

Tellico Village Land, Tennessee - Tellico Village land for sale. Tellico Village tn, Tennessee Land for Sale. TELLICO VILLAGE is a golf and lake resort community located 35 miles from Knoxville in beautiful Tennessee. Nestled in the foothills of the great Smoky Mountains, this unique Tennessee land for sale contains home sites that sit no more than a mile from Tellico Lake which is part of an inland waterway system that flows through 21 states, up to the Great Lakes and down to the Gulf of Mexico! I think you will see that this is a once-in-a-lifetime opportunity you will not want to miss! WE ONLY HAVE A LIMITED NUMBER OF HOME SITES TO SELL. The Tennessee land for sale is limited so these home sites will be sold on a FIRST-COME, FIRST-SERVED BASIS and we expect them to go fast! Look over the website and then sign up to take part in our FREE WEEKEND FOR TWO!* You and a guest will receive round-trip airfare for two, deluxe hotel accommodations, ground transportation and a private, no sales pressure tour of our home sites. But you'd better hurry!

Our FREE WEEKENDS are filling up fast, so don't delay! Call or make an Online Reservation to reserve your FREE weekend today!

Flood insurance

Flood insurance is not included in basic home owner's insurance! Interestingly enough, one of the worst natural disasters that could possibly affect your home is not included under most normal home owner's insurance policies. As a result, flood insurance is one of the most important pieces of extra insurance that you could possibly get for your home. If you are worried that you might possibly live within range of some sort of flooding, then you should make sure that you get flood insurance as soon as possible. It doesn't matter if you have never had any floods during your time living where you are - it's always possible to have too much rainfall and for the flooding to reach record levels. Of course, however, if you live high on a hill, then you will probably not need much flood insurance - but you should be careful of other problems that can come with living on a hill, including the possibility of mudslides.

In any case, flood insurance is generally not included with most regular home owner's insurance. This is possibly because most homes are not located in regions or areas that flood. Since it only takes one flood to ruin a home, however, you should probably try to get some flood insurance. Keep in mind that depending on where you live and what kind of a home you have, your rates for flood insurance can vary wildly. Areas that are likely to have floods will generally have higher rates due to the fact that it is more likely that the insurance company will have to pay out. If you live in a location where floods are unlikely, but still possible, you will probably be able to get lower rates for your flood insurance. Another factor that will affect how much your insurance is involves the quality and condition of your home. If your home is worth a lot of money, then you will pay more for insurance than you would if it would be relatively cheap to replace. Even if it is unlikely that your home will flood, you should still think about getting flood insurance.

In some cases, you can ad it to the home owner's insurance that you already have. In other cases, however, it might be better for you to go to a different insurance company that offers cheap flood insurance. You can find flood insurance companies by checking online.

Fema flood insurance rate map what is and where you can find one

FEMA Flood Insurance Rate Map: What Is and Where You Can Find One Flooding is a disastrous event that can occur in a wide number of locations. Despite the fact that flooding can occur just about anywhere in the United States, there are some areas that are more prone to flooding than others. It is often hard for individuals, especially those who are new to the area, to tell if they are living in an area that is prone to flooding. That is one of the many reasons why FEMA Flood Insurance Rate Maps were developed. FEMA Flood Insurance Rate Maps are a collection of maps that detail the likelihood of flooding occurring in a particular area. In addition to keeping the public aware of flooding risks, the FEMA Flood Insurance Rate maps are also used to assist the National Flood Insurance Program in offering affordable flood insurance to Americans living in high-risk flood zones. FEMA Flood Insurance Rate Maps are a valuable source of information to homeowners, business owners, construction workers, city officials, and others. While the maps are beneficial, there are many individuals who are unaware that there may be a FEMA Flood Insurance Rate Map for their area. If you are looking to purchase a home or a business in an area that you are unfamiliar with or you just want to educate yourself on flooding risks, you have a number of ways gain access to your local FEMA Flood Insurance Rate Map. The most common way to obtain access to your local FEMA Flood Insurance Rate Map is to visit the FEMA’s online website. Once at FEMA’s website site you should be able to easily search for your local FEMA Flood Insurance Rate Map. If you are only interested in quickly viewing a FEMA Flood Insurance Rate Map you can do so for free online. If you are interested in having your own printed FEMA Flood Insurance Rate Map then you may have to purchase one. In addition to obtaining a local FEMA Flood Insurance Rate Map from the Federal Emergency Management Agency (FEMA), you may also be able to view one by speaking to local government officials. Many cities, towns, and state offices have a FEMA Flood Insurance Rate Map on hand. You may not be able to take the map outside of their offices, but you may be able to quickly examine it. Many individuals prefer to look at a FEMA Flood Insurance Rate Map, but sometimes hearing the information on those maps is just as good. If you are unable to find a free FEMA Flood Insurance Rate Map, you can contact a local or national flood insurance agent for more information. These maps are taken into consideration when flood insurance is offered; therefore, most flood insurance agents would have access to multiple FEMA Flood Insurance Rate Maps. Many individuals who are searching for a FEMA Flood Insurance Rate Map are doing so because they are interested in obtaining flood insurance. If you contact a flood insurance agent, you may be able to determine your flooding risk and obtain flood insurance coverage all at the same time. In addition to providing valuable flood insurance information, a small number of agents are also able to offer National Flood Insurance Program coverage for a discounted price. That discount can be as high as 12%.

Flood insurance

There are many risks that people are accustomed to insuring against. These will include, health insurance, auto insurance and fire insurance. There are others that are less familiar, such as dental and flood insurance but there are many reasons why you should reassess the insurances you currently have in place and perhaps consider relocating them to cover the risks that you are most afraid of experiencing. For example, did you know that losses due to floods are thirty times more likely to occur than fire losses? This is especially true if your home is located in a flood prone zone.

While flood loss is generally less devastating than fire loss, if your home is located in a flood prone zone, the chance of even experiencing catastrophic damage is still 25% greater from flood than from fire. Flood loss Most basic home insurance policies do not automatically include flood loss as standard. Commercial property policies are the same, with flood loss only being covered if it is specifically mentioned in the policy. If the flood is extremely severe, it may be classified as a disaster site by the federal government. This will cause some protection to be made available in the form of loans. These loans, which come through the Federal Emergency Management Assistance program, are not like insurance however, as you are required to pay back the loan that they give you, as well as any other home loans you already have. They will also require you to carry flood insurance in the future. The other thing about the Federal Emergency Management Assistance program is that it only kicks in if your area and flood are declared a federal disaster site. This can be fairly rare when compared to the amount of floods that are experienced annually. Flood insurance will be offered by various insurance companies but should be backed by the National Flood Insurance Program. This type of coverage, which is supported and regulated by the federal government, is the only type of flood insurance that will fully protect your home and contents from rising water flood insurance. Shop Around If you are considering taking out a policy of this kind, shop around for the best rate and find out what is covered and what is excluded. It may be that a specific company’s exclusion is exactly the situation in which you require coverage and other companies may not have the same exclusion so you are wise to shop around. Also, all insurance companies vary in what they offer and what they charge. Do not accept the first offer or quote you receive and do not expect all companies to provide the same deals. You should always shop around when it comes to insurance and find yourself the best deal available.

Florida flood insurance how residents can obtain and benefit from it

Florida Flood Insurance: How Residents Can Obtain and Benefit from It Flooding is a tragic event that damages countless homes and can cause injuries to hundreds of people each year. What many individuals do not know is that flooding can occur just about anywhere in the United States. Excess rain and broken drainage systems are just a few of the many causes of flooding all across the country. Despite the fact that flooding can occur anywhere in the United States, there are some areas that are more prone to flooding than others. Each year, a large number of individuals move into the state of Florida. Due to its warm temperatures and beautiful weather, Florida has not only become a vacation hotspot. Florida has also become a popular place to live. Despite the fact that Florida is almost always beautiful, it does have its fair share of bad weather. When this bad weather comes it is often in the form of a hurricane. Hurricane can bring high winds, tornadoes, thunderstorms, and large amounts of rainfall. When it comes to a hurricane it has been said that flooding is a large concern in Florida. Many individuals are unable to pay out-of-pocket to repair their flood damaged homes. That is why a large number of Florida residents obtain flood insurance coverage. Insurance anywhere in the United States is important, but Florida flood insurance could be on the most important. Every summer Florida is at risk for multiple hurricanes, excess rainfall, and flooding. That is why it is important that all residents obtain Florida flood insurance. As with car insurance, homeowner’s insurance, and life insurance, there are options when it comes to selecting a coverage plan. A large number of individuals mistakenly believe that all flood insurance coverage is the same. The cost of Florida flood insurance is likely to vary. The National Flood Insurance Program, which offers affordable flood insurance to all Americans, takes a number of factors into consideration when deciding on coverage plans. The Federal Emergency Management Agency (FEMA) has developed Flood Rate Maps. These maps are used by the National Flood Insurance Program to determine the risk associated with providing flood insurance to a specific household. In addition to the Florida Flood Insurance Rate Maps, the National Flood Insurance Program may also take into consideration what Florida has done to prevent or limit the amount of flooding that occurs in their area. Florida flood insurance that is backed by the National Flood Insurance Program and the Emergency Management Agency (FEMA) is sold directly through the program or through a licensed agent. Purchasing Florida flood insurance from a licensed agent may save Florida residents additional money. Due to state laws on rebates, flood insurance agents are able to offer insurance coverage for a discounted price. In fact, AmeriFlood is currently offered a 12% upfront rebate discount on all plans. Florida flood insurance is a must have for all state residents. When the next hurricane makes landfall, do not be unprotected. You are encouraged to contact a flood insurance agent today to obtain a free flood insurance quote.

Buying homeowners insurance in indiana

Did you know that according to the Indiana Department of Insurance (IDI), the insurance industry is one of Indiana's largest employers. That being said, that means there are many insurance options for homeowners in Indiana. Because the insurance industry is so large, there must be tough regulation to ensure the protection of the consumer. Here are some facts Indiana homeowners should be aware of when securing homeowners insurance: If your homeowners policy is being cancelled for non payment of premium, the notice of cancellation must be in writing and sent to you at least 10 days before policy cancellation. If your insurance company does not want to renew your policy, IDI requires the notice be sent to you at least 20 days before policy expiration. As a consumer, negotiate with your insurance company to extend the 20 days to 30 or 60 day notice. If your policy is being cancelled for a reason other than non payment, you'll need the extra time to shop around for replacement coverage. If your policy does not cover flood damage, it must be stated prominently on the policy jacket or, you must be given written notice that flood coverage may be available through the National Flood Insurance Program. In certain Indiana counties in southwestern Indiana along the Illinois Coal Basin, the insurance company must inform you of the availability of mine subsidence coverage (coverage for homes built over mines that may collapse or slowly settle) when they issue the policy. IDI also regulates how much an insurance company can charge you for an inadvertent bad check. Their charge may not exceed $20 (this is in addition to the charge issued by the banking institution). Please see our list of references below to find the lowest rate insurance quotes on the web. Along with low rate quotes this is a good source of insurance information.

Do you really need disaster insurance

The expenses involved with owning a home can be overwhelming at times - routine maintenance, repairs, seasonal preparations, improvements. Not to mention taxes, fees, and all those monthly bills. Some homeowners, in trying to reduce their expenses, wonder if they really need disaster insurance. Disaster insurance is typically defined as additional homeowner's insurance to cover events like hurricanes, tornadoes, earthquakes, and floods. Home insurance policies typically cover hurricanes and tornadoes (review your policy to be certain in covers damage from such events). But often damage from floods and earthquakes isn't covered. This extra insurance, if desired, must be purchased in addition to your standard homeowner policy, and it can be expensive, depending on where you live. Because disaster insurance can be expensive, it's a type of coverage some homeowners opt not to buy. But in some cases they are required to buy. For example, mortgaged homes in the US that are located in designated flood hazard areas are required to buy flood insurance through the US National Flood Insurance Program. Of course, once those mortgages are paid, there is no longer a requirement to buy such insurance. But homeowners in those areas should carefully consider whether they really want to take the risk that their home and everything in it could be swept away, leaving them with nothing but an empty lot. Homeowners that aren't in designated flood hazard areas should still know that floods can cause plumbing problems, like sewer and septic backups.

These often aren't covered in a standard homeowner's policy, and they may want to consider an endorsement for coverage. In the US, many tend to think that only the area along the west coast is subject to earthquakes. This isn't true however, and 39 US states have some potential for earthquakes. Coverage for seismic events can be very expensive in California and other western states, but homeowners in other states should evaluate the cost vs. the earthquake risk for the area where they live.

Disaster decision do you need insurance

The expenses involved with owning a home can be overwhelming at times - routine maintenance, repairs, seasonal preparations, improvements. Not to mention taxes, fees, and all those monthly bills. Some homeowners, in trying to reduce their expenses, wonder if they really need disaster insurance. Disaster insurance is typically defined as additional homeowner's insurance to cover events like hurricanes, tornadoes, earthquakes, and floods. Home insurance policies typically cover hurricanes and tornadoes (review your policy to be certain in covers damage from such events). But often damage from floods and earthquakes isn't covered. This extra insurance, if desired, must be purchased in addition to your standard homeowner policy, and it can be expensive, depending on where you live.

Because disaster insurance can be expensive, it's a type of coverage some homeowners opt not to buy. But in some cases they are required to buy. For example, mortgaged homes in the US that are located in designated flood hazard areas are required to buy flood insurance through the US National Flood Insurance Program. Of course, once those mortgages are paid, there is no longer a requirement to buy such insurance. But homeowners in those areas should carefully consider whether they really want to take the risk that their home and everything in it could be swept away, leaving them with nothing but an empty lot. Homeowners that aren't in designated flood hazard areas should still know that floods can cause plumbing problems, like sewer and septic backups. These often aren't covered in a standard homeowner's policy, and they may want to consider an endorsement for coverage. In the US, many tend to think that only the area along the west coast is subject to earthquakes. This isn't true however, and 39 US states have some potential for earthquakes. Coverage for seismic events can be very expensive in California and other western states, but homeowners in other states should evaluate the cost vs. the earthquake risk for the area where they live.

Disaster decision do you need insurance

The expenses involved with owning a home can be overwhelming at times - routine maintenance, repairs, seasonal preparations, improvements. Not to mention taxes, fees, and all those monthly bills. Some homeowners, in trying to reduce their expenses, wonder if they really need disaster insurance. Disaster insurance is typically defined as additional homeowner's insurance to cover events like hurricanes, tornadoes, earthquakes, and floods. Home insurance policies typically cover hurricanes and tornadoes (review your policy to be certain in covers damage from such events).

But often damage from floods and earthquakes isn't covered. This extra insurance, if desired, must be purchased in addition to your standard homeowner policy, and it can be expensive, depending on where you live. Because disaster insurance can be expensive, it's a type of coverage some homeowners opt not to buy. But in some cases they are required to buy. For example, mortgaged homes in the US that are located in designated flood hazard areas are required to buy flood insurance through the US National Flood Insurance Program. Of course, once those mortgages are paid, there is no longer a requirement to buy such insurance. But homeowners in those areas should carefully consider whether they really want to take the risk that their home and everything in it could be swept away, leaving them with nothing but an empty lot. Homeowners that aren't in designated flood hazard areas should still know that floods can cause plumbing problems, like sewer and septic backups. These often aren't covered in a standard homeowner's policy, and they may want to consider an endorsement for coverage. In the US, many tend to think that only the area along the west coast is subject to earthquakes. This isn't true however, and 39 US states have some potential for earthquakes. Coverage for seismic events can be very expensive in California and other western states, but homeowners in other states should evaluate the cost vs. the earthquake risk for the area where they live.

Home insurance flood alert

The Royal Institution of Chartered Surveyors warns that if you can't get insurance for your house, you're in big trouble. Mortgage lenders won't lend on houses that are uninsurable and as a result its value could fall by up to 80%. It's a high flood risk that's most likely to make your house uninsurable. According to a recent survey, 6.5 million homes are already at risk from flooding of which 1.5 million are in high risk areas. The government has completed flood defences in many such areas and protection for a further 80,000 homes is due this year. But concerns have also been expressed about a further 120,000 new homes planned for the Thames Gateway which are potentially in a high “at risk” zone. Yet many areas remain vulnerable. And if global warming continues, by 2030, the 1.5 million at risk could mushroom 3.5 million. Back in 2003 the Association of British Insurers (ABI) agreed the principles which committed UK insurers to offering home and contents insurance for properties in areas which are assessed to be at a flooding risk once in seventy five years or more. The rider was that the flood defences had to be already in place or would be completed by the end of 2007. The Department for Environment, Food and Rural Affairs (DEFRA) has the responsibility of developing and maintaining these flood defences but within the insurance industry there's widespread concern that insufficient progress is being made. As a result the insurers have has warned the government that there could be widespread withdrawal of insurance cover if progress is stepped up. In the mean time, those in areas threatened by flood water could find their insurance premiums soaring. Whilst the insurance industry agreed to provide insurance cover, their commitment was simply to maintain premiums at “reasonable” levels. But there was no definition of what “reasonable” means. As a result premium increases of 60% have been common with up 400% increases in bad areas. In a tiny number of cases, cover has been withdrawn altogether, mostly in country areas where DEFRA considers the cost of defending a cluster of a few homes to be uneconomic. Environmentalists warn that unless DEFRA gets it's skates on, the UK 's current bill for flood damage could rise from Ј950 million a year, to Ј3.2 billion. After all, the average insurance claim for household flood damage is Ј30,000 – that's even higher than fire damage. And localised events like the 2004 flood at Boscastle, Cornwall , can cost the insurers over Ј15 million. If you are in any doubt whether your home or proposed home, is in a flood risk area, you should visit environment-agency. gov. uk. This is DEFRA's web site where you can check whether they think your home is at risk of flooding. Their maps were originally designed for planning purposes and provide information on a post-code basis. Whilst many insurers use the DEFRA information, others like More Than, have their own flood maps. These assess homes individually rather than post code areas. This means that if your existing insurer increases your premium for flood risk and uses the DEFRA information, you may still be able to get a cheaper rate from an insurer using it's own flood data if its data identifies that your property is beyond the “at risk” zone. The ABI has recently added to the pressure on DEFRA to accelerate the building and upgrading of flood defences. It has warned that unless the government increases its spending on flood defences, the insurance industry may not continue their commitment to the 2003 principles. That would be bad news for many homeowners.

How to save on your homeowner s insurance

Copyright 2006 Stacey Zimmerman When you take out a mortgage on your home, the lender will require you to show proof of homeowner’s insurance on the property. The lender wants to protect their investment. However, whether or not you have a mortgage on your property or not, you should have homeowner’s insurance to protect yourself in case of loss. The biggest mistake most homeowners make when getting homeowner’s insurance is purchasing coverage they don’t need. For example, living in a high elevated area should mean they you do not need to carry flood insurance. Many homeowners find themselves paying for flood insurance when there is no possibility of being flooded. However, if you live in an area that could easily be flooded, make sure you do carry this extra flood insurance on your property. Another item to check on is how far away you live from the fire department, as well as a fire hydrant. The closer you live to either one of these could significantly reduce your rates. Your insurance agent should ask you for this information, however, if they don’t, make sure you give the information to them to see if it could lower your rates. If you are like many homeowners, you may find that you have your life insurance with one company and your auto insurance with another. If you have all of your insurance policies with the same company, it could give you as much as a twenty percent discount on your insurance rates. You may also want to ask your insurance agent about how much you can save by raising your deductible on your homeowner’s insurance. Another way to save on your homeowner’s insurance is to ask them what type of discounts you would be entitled to if you made changes to your property. By adding security measures, such as an alarm system or even double locks on doors and windows, may entitle you to several discounts. If you are the owner of a dog, you’ll want to make sure your insurance agent is aware that you have one. Unfortunately, if you have a dog that is on the list of dangerous dogs to have, it may either raise your rates or they may not insure you at all. In order to protect yourself, however, you’ll want to check with them to find out where your dog fits in to the picture and you may end up making further security measures regarding your dog. A large fenced in area for your dog may help to reduce your rates. Another important matter is renter’s insurance. This only applies to you if you have a rental unit in your home, but it will protect you and your renter’s for any loss of items due to an unforeseen incident in your home, such as theft or fire. Many landlords require their renters to provide proof of renter’s insurance before they move in. If they do not have renter’s insurance, the loss of their items may fall back on you. The most important thing you can do to save money on your homeowner’s insurance is to price compare your home insurance once every year. Make sure if you have made any updates to your property, you update your current insurance company. Insurance companies, along with their rates, change quickly and if you’ve had the same insurance company for years, you might be surprised at how much you could’ve saved over the years.

Water damaged automobiles flooding the market

In my capacity as the owner of an import car dealership, I am often amazed at the levels some wholesalers will go to in order to cover up damages to vehicles. As any reputable reseller will tell you, finding the best vehicles is not only a matter of knowing what to physically look for, it's also a matter of knowing how to spot title and ownership oddities. Lately, I have noticed many wholesalers in possession of autos that were originally sold in the Louisiana and Mississippi areas. For some reason, these vehicles had their titles transferred to wholesalers from states far away. While this isn't completely uncommon, it does raise a red flag when you consider the recent natural disasters that have occurred on the Gulf Coast. Dealerships need to be aware of the opportunity for unscrupulous parties to effectively "launder" the titles of these vehicles. As a result of Hurricane Katrina, many vehicles were likely paid for via insurance claims against flood damage. These vehicles are finding their way back into the market. While there is nothing inherently wrong with re-selling a designated flood damaged vehicle, there is something entirely wrong with reselling a flood damaged vehicle under the guise of it not having been damaged.

Being in the industry, I have heard both sides of the argument. Many wholesalers will tell you that flood damaged vehicles are often appropriated by insurance companies as "totalled", when in fact they may have never been submerged in water at all. My answer to that is to say that any business which values its customers and strives to maintain integrity and honesty would never sell a product they are unsure of. In other words, I'm not willing to take a chance with my business and reputation at stake, nor am I willing to gamble with someone else's money. That's exactly what selling a flood damaged automobile is: gambling with your customers money. Flood damaged vehicles can have corroded electrical systems that are primed for failure, unseen rust damage, and a variety of other problems that can surface at a later time. My advice to dealerships is to use every resource at their disposal to find out the history of the cars they are purchasing and avoid flood damaged vehicles, unless you plan to sell them as such.

Business insurance

: There is no denying the fact that success of a business depends on the hard work of the team but one disaster can wipe out your efforts and bring down the profits to dust. So, to avoid such an instance, you need to insure your business, whether it is a small enterprise or a large corporation. There are insurance companies, which have policies that combine protection for all major property and liability risks in one package. You can also opt for separate coverage. Such a policy is called a business owners’ policy (BOP). Larger companies may purchase a commercial package policy. BOPs include property insurance for buildings and equipments owned by the company.

If there is any loss of income due to disruption of operation and business because of accidents like fire, it can be covered under the Business Interruption Insurance. There are liabilities, which cover the company's legal responsibility for the harm it may cause to others. It is the result of your company’s failure to do the business operations. It can also be the bodily injury or property damage caused due to defective products, faulty installations and errors in services provided.

However, BOPs don’t cover professional liability, auto insurance, worker’s compensation or health and disability insurance. Separate policies are needed for professional services, vehicles and employees. Generally, floods, earthquakes and terrorist attacks are not covered in the business insurance. Protection Against Flood Damage If your office is in the flood zone area, you must definitely go for a policy, which provide coverage against flood. Try to find out whether the place had been hit by flood in the past. Make sure you do something in advance to make up for the loss. Otherwise you may face trouble. Protection Against Earthquake Damage Earthquake is also not included in most property insurance policies such as homeowners and business owners’ package policies. Special Earthquake Insurance Policy or Commercial Property Earthquake Endorsement can cover you if you live in an earthquake-prone area.

However, earthquake policies have different deductibles. Business Interruption Insurance, which reimburses you for the lost income during a shutdown, applies only to the damage covered under your business property insurance policy. There won’t be reimbursement for the loss caused due to the closure of business because of the earthquake. For it, you must have an earthquake coverage policy. Protection Against Terrorist Attack Losses In the US, loss due to any terrorism is covered only for those businesses that have optional terrorism coverage. It comes under the Terrorism Risk Insurance Act 2002. Still, there are exceptions in workers’ compensation, which include injuries and deaths due to acts of terrorism.

Business insurance

There is no denying the fact that success of a business depends on the hard work of the team but one disaster can wipe out your efforts and bring down the profits to dust. So, to avoid such an instance, you need to insure your business, whether it is a small enterprise or a large corporation. There are insurance companies, which have policies that combine protection for all major property and liability risks in one package. You can also opt for separate coverage. Such a policy is called a business owners’ policy (BOP). Larger companies may purchase a commercial package policy. BOPs include property insurance for buildings and equipments owned by the company. If there is any loss of income due to disruption of operation and business because of accidents like fire, it can be covered under the Business Interruption Insurance. There are liabilities, which cover the company's legal responsibility for the harm it may cause to others. It is the result of your company’s failure to do the business operations.

It can also be the bodily injury or property damage caused due to defective products, faulty installations and errors in services provided. However, BOPs don’t cover professional liability, auto insurance, worker’s compensation or health and disability insurance. Separate policies are needed for professional services, vehicles and employees. Generally, floods, earthquakes and terrorist attacks are not covered in the business insurance.

Protection Against Flood Damage If your office is in the flood zone area, you must definitely go for a policy, which provide coverage against flood. Try to find out whether the place had been hit by flood in the past. Make sure you do something in advance to make up for the loss. Otherwise you may face trouble. Protection Against Earthquake Damage Earthquake is also not included in most property insurance policies such as homeowners and business owners’ package policies. Special Earthquake Insurance Policy or Commercial Property Earthquake Endorsement can cover you if you live in an earthquake-prone area. However, earthquake policies have different deductibles. Business Interruption Insurance, which reimburses you for the lost income during a shutdown, applies only to the damage covered under your business property insurance policy. There won’t be reimbursement for the loss caused due to the closure of business because of the earthquake. For it, you must have an earthquake coverage policy. Protection Against Terrorist Attack Losses In the US, loss due to any terrorism is covered only for those businesses that have optional terrorism coverage. It comes under the Terrorism Risk Insurance Act 2002. Still, there are exceptions in workers’ compensation, which include injuries and deaths due to acts of terrorism.