Property owners may have a hard time differentiating storm damage from flood damage. Commercial properties can sustain water damage from either source. There are a few major differences to keep in mind that may help you manage these risks.
Storms Versus Floods
The most general distinction is that storm water comes from above, whereas flood water usually overspills natural bodies or courses of water and covers at least two acres of ordinarily dry land. Storm damage to a commercial property may originate from a variety of causes such as
• High winds
• Heavy rain
• Tropical storms
Most business insurance plans provide protection from damage caused by storms. Property owners will need additional coverage to offset the expenses of flood damage. If your property is located on a flood plain, you should make sure you carry the policies necessary to protect your investment.
Flooding occurs when water overflows a body of water or watercourse such as
• Beaches or coasts
• Stormwater channels
For water to be considered a flood, it must not only cover two acres but affect at least two properties. If a commercial property is located in a high-risk zone and the owner has a mortgage from an insured and federally-regulated lender, he or she is required to maintain flood insurance. Damage resulting from either flooding or storms can cause severe problems and should be planned for, prevented, and handled as soon as possible. Regardless of the source of moisture, the risk of mold and other secondary damage within a building can be just as severe.
Restoring Damage From Storms and Floods
Restoration specialists can help property owners determine the precise causes of damage and the best solutions. If a commercial property experiences flood damage or sustains damage during a storm, contact a commercial damage restoration company as soon as possible.