Commercial Flood Insurance

In the UK, where the weather patterns shift and flood risks persist, the importance of securing commercial flood insurance cannot be overstated. Even more so for properties which are situated in regions with a heightened risk of flooding. At Prizm Solutions, we are here to address this concern, helping businesses and landlords weather any storm and emerge resilient on the other side.

Protect Your Business with Commercial Flood Insurance

  • Bespoke cover exactly for your needs – additional insurance protection available upon request.
  • Standalone flood insurance from less than £100 per annum for every business or homeworker or commercial property in the UK.
  • Only insure the amount you want/need to insure. No need to insure the whole building or your entire stock if you don’t need to.
  • 7-day pay-out.
  • Pay by credit card or over 10 months by direct debit subject to 7% credit charge (minimum credit charge £35).
  • Underwritten at Lloyds of London – with a guarantee to pay all valid claims.

Call 01827 313 931 or email for a quote hello@prizmsolutions.co.uk

FloodFlash Flood Insurance


As a leading insurance broker in Tamworth, we are one of the few who can exclusively offer FloodFlash insurance. This flood insurance is a brand new parametric type of insurance. Being a parametric policy simply means the premium for each policy is rated for each individual property that has an external sensor fitted to it. The flood sensor determines if the property has flooded and sends an instant message to you and to your insurers so that they can pay your claim quickly!

flood insurance tamworth

A popular option is to select flood insurance cover with multiple depth triggers. So for example, if the water level reaches 30cm, you get a pay-out to cover inconvenience type costs.  But if the water level hits (for example) 1 metre, you get the catastrophe pay-out for whatever your chosen sum insured is. This is to cover your stock or the anticipated clean up costs to your building and your business!

The flood insurance sensor is supplied and fitted by the insurer. Because this new kind of insurance uses advanced technology, it enables us to tailor the amount of cover to your exact needs, so we can give you a very competitive quote.

Get A Quote in 90 Seconds!

It really is as simple as 1, 2, 3.

1 – Call us with your postcode and identify your property.
2– Select the trigger depth at which you want the policy to pay out.
3 – Tell us how much you want insured.

Within 14 days of payment, the sensor is fitted and the policy becomes live!

 

What Does Commercial Flood Insurance Cover?


Commercial flood insurance is designed to provide protection specifically against damages caused by flooding. This coverage typically includes:

Structural Damage: Commercial flood insurance covers repair and replacement costs for structural elements of your business property, including the building itself, foundation, walls, floors, and ceilings.

Contents and Inventory: Alongside structural damages, this insurance also extends to the contents within your property, such as equipment, machinery, furniture, and inventory. This ensures that your essential business assets are not lost in the aftermath of a flood.

Utilities and Fixtures: Floods can disrupt crucial utilities like electrical systems, plumbing, and heating/cooling units. Commercial flood insurance helps cover repair and replacement costs for these essential fixtures, allowing your business to resume operations faster.

Business Interruption: In the event that a flood forces your business to temporarily halt operations, commercial flood insurance can provide coverage for the resulting loss of income. This coverage assists in maintaining financial stability during recovery.

commercial flood insurance

Flooded Before? We Can Still Help


It doesn’t matter if you’ve been flooded before, we can still insure you! Details of any and all previous flood losses would be useful but not essential, as cover is available to all commercial properties (including landlord owned properties) in the UK!

And if you get flooded again, as long as the water hits whatever trigger depth you’ve selected within the sensor, you get paid out within 7 days (faster if the banks process the payment quicker).

 

Contact Us Now If…..


  • You’ve got a BIG flood excess on your flood insurance policy.
  • No flood cover at all.
  • You’re paying a fortune to insure yourself against flood because you live in a high-risk zone.

To help you find the right commercial flood insurance policy for your needs, simply fill out the form below today. We are here to save you money and your business, should you get flooded.