Water damage from flooding can be devastating for a commercial business. Thankfully, there are steps businesses can take to help minimize their risk. The first step is determining whether or not your industrial property is susceptible to flooding. Here, Paul Davis Restoration of North Dallas, a restoration company that specializes in commercial flood damage, explains how you can determine if your industrial property is in danger and what to do if flooding does occur.
How to Tell If You’re in a Flood Zone
When trying to determine if your industrial property is located in a flood zone, it’s important to note that everyone lives in a flood zone, technically. That’s because, according to the Federal Emergency Management Agency(FEMA), a flood can occur anywhere at any given time. What you need to determine is whether or not your property is considered at higher risk.
The simplest way to find out that information is by looking at a FEMA flood map. The purpose of the map is to demonstrate to residents their community’s risk of flooding. Flood maps may also be provided to you at local government offices, courthouses, and libraries. Some of the factors that help determine an area’s risk of flooding include how much rainfall occurs on average, floodplain boundaries, and base flood elevation.
Flood Insurance Requirements for Commercial Property
Businesses with industrial properties that are located in higher-risk flood zones can protect themselves with flood insurance. Some business owners might assume flood damage is covered under their standard commercial property insurance. However, many standard policies do not cover flooding, leaving businesses at risk of being financially responsible should one occur.
In many cases, properties deemed high-risk will be required to purchase flood insurance. This policy will typically cover losses resulting from water overflowing rivers or streams, heavy or prolonged rain, storm surge, snow melt, blocked storm drainage systems, broken dams or levees, or other similar causes.
It’s worth noting that flood insurance generally doesn’t cover property outside of your industrial building. For example, company vehicles, landscaping items, and more won’t be covered. Additionally, business owners should be aware that flood insurance doesn’t cover financial losses caused by business interruption or loss of use of the insured property. Business owners wishing to learn more about flood insurance should speak with insurance professionals.
What to Do After a Flood
Unfortunately, no matter how much you prepare or how many precautionary measures you take, floods can still occur and leave behind a devastating scene. In these instances, businesses need to act quickly and rely on the support of a professional restoration specialist like Paul Davis Restoration of North Dallas.
As a fully insured restoration company, our team is capable of providing flood damage restoration and repair as well as water damage restoration and repair. Working promptly, we’ll respond to your call quickly and assess the damage to get a better understanding of the kinds of repairs that may be necessary. From there, we get to work. Relying on effective methods while utilizing advanced, state-of-the-art equipment, we can restore your business and help you return to normalcy.
At Paul Davis Restoration of North Dallas, we believe in being transparent with our clients. We make it a point to keep you in the loop of what’s going on with your business. Effectively communicating with our clients helps form trusting partnerships and ensures clients feel at ease during these difficult times.
Call Paul Davis Restoration of North Dallas Today
If your commercial property has experienced structural damage, water damage, or any other type of loss due to flooding, don’t wait to call the pros at Paul Davis Restoration of North Dallas. Located in Carrollton, Texas, and serving commercial clients across North Dallas and the surrounding areas, our experienced team will work hard to help you get your business back on its feet while ensuring compliance with safety standards. We understand the severity of the situation and will do all we can to meet or exceed your expectations.
Contact us to learn more about our commercial flood damage services or to receive a free estimate today.
