Neptune Flood offers Commercial Flood Insurance 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.
Commercial Flood Insurance
Business Interruption
Your business is covered up to $25,000 at a rate of $500 per day for up to 50 days, after a 14-day waiting period. We offer up to $4,000,000 of coverage, far surpassing the $500,000 maximum from the NFIP.
Loss of Rental Income
Further protect your investment with $500,000 of coverage after a 14-day waiting period.
Neptune vs NFIP
NEPTUNE COMMERCIAL AND APARTMENT FLOOD
Building Coverage:$4,000,000
Contents Coverage:$500,000
Additional Coverages:Business Interruption up to $25,000
Rental Loss of Income to $500,000
Elevation Certificate (EC):NO
Waiting Period:No wait on real estate closing. Otherwise, 10 days.
NFIP COMMERCIAL FLOOD
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.
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.
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.