Commercial Flood Insurance Coverage

Neptune Flood offers Commercial Flood Insurance Coverage to small and medium-sized business owners, commercial buildings, and residential condominium buildings (RCBAP). Our private flood insurance policies include all coverages offered by the National Flood Insurance Program (NFIP). Looking for more? Add on Business Interruption or Loss of Rental Income for even more protection.

Business Interruption

Your business is covered up to $50,000 in eligible expenses for up to 50 days after a 14-day waiting period.

Loss of Rental Income

Further protect your investment with $500,000 of coverage after a 14-day waiting period.

Replacement Cost on Building

Contents are paid out as actual cash value. A claim will be settled for the replacement cost of the items at the time of the loss without depreciation.

“Accessing Neptune’s suite of flood insurance products makes our job as agents much easier. Neptune has truly designed the market’s best private market RCBAP flood insurance policy as they’ve taken the time to design a policy that not only offers broader coverages than the NFIP, but is also accepted by lenders with ease.”
WesAgent, Hawaii

“Quoting and issuing our first RCBAP policy with Neptune was a breeze! We were able to give our client a competitively priced policy without many of the obstacles we encounter with WYO policies.”
MichaelAgent, NJ

“Neptune Commercial Flood is definitely really easy to use and stress free.”
MichaelAgent, NY

“Neptune Commercial Flood's quote to bind process is smooth and easy, so we are excited!”
WalterAgent, NJ

“The process to personalize and obtain flood insurance on my beach property was so simple, that I thought there had to be some mistake!”
MelissaNew Jersey

“I was thoroughly surprised at how remarkably simple and quick the entire quote to bind process was.”
NicholasMichigan

“From start to finish Neptune’s flood system was fast, easy, and accurate”
KyleFlorida

“Neptune Flood is amazing; Effortless and Uncomplicated.”
SarahFlorida

“Neptune is fast, easy, and an extremely valuable-asset to me and my business partners in the mortgage and real estate industry.”
KarlOregon

“Neptune's technology makes flood insurance fun again! The ease of use to quote one's insurance policy comes second to none compared to the other carriers that we use.”
JROhio

Neptune vs NFIP

THE COMPARISON

Building Coverage

Contents Coverage

Additional Coverages

Elevation Certificate (EC)

Waiting Period

NEPTUNE COMMERCIAL AND APARTMENT FLOOD INSURANCE COVERAGE

Building Coverage:$4,000,000

Contents Coverage:$500,000

Additional Coverages: Business Interruption, Replacement Cost on Building, Rental Loss of Income (Apartments Only)

Elevation Certificate (EC):NO

Waiting Period:No wait on real estate closing. Otherwise, 10 days.

NFIP COMMERCIAL FLOOD INSURANCE COVERAGE

Building Coverage:$500,000

Contents Coverage:$500,000

Additional Coverages:N/A

Elevation Certificate (EC):No

Waiting Period:No wait on real estate closing. Otherwise, 30 days.

THE COMPARISON

Building Coverage

Contents Coverage

Elevation Certificate (EC)

Waiting Period

NEPTUNE RCBAP FlOOD

Building Coverage:$10,000,000 per building

Contents Coverage:$500,000

Elevation Certificate (EC):NO

Waiting Period:No wait on real estate closing. Otherwise, 10 days.

NFIP RCBAP FLOOD

Building Coverage:$250,000 per unit/per building

Contents Coverage:$100,000

Elevation Certificate (EC):No

Waiting Period:No wait on real estate closing. Otherwise, 30 days.

Why should I buy commercial flood insurance from Neptune rather than the NFIP?

You can find your price in minutes rather than hours spent speaking with an agent for NFIP.
Neptune’s waiting period is only 10 days, compared to 30 days with the NFIP. That means you’re covered almost three weeks sooner!
We offer optional Business Interruption coverage to provide cash flow if your business is closed due to a flood.
We can insure your commercial building up to $4,000,000 and $10,000,000 for RBAP. Meanwhile, the NFIP’s maximum is $500,000.

Main Street Mercantile Commercial Buildings

An entire office, retail, restaurant, industrial, other non-residential building.

Mixed Use Building

Some residential and some commercial use in the same building. Coverage for the entire building.

Hotels, Motels, and Inns

Coverage for the entire building.

Apartment or Co-op

An entire apartment building or co-op (not condominium form of ownership).

Entire Residential Condo Building

Residential Condominium Building Association Policy – Requires condominium form of ownership.

Commercial Flood Insurance