--- title: "When it rains, it pours: How much flood insurance does your business need?" description: "When it rains, it pours: How much flood insurance does your business need?" --- [Skip to content](https://blog.plexusgroupe.com/plexus-blog/second-category/when-it-rains-it-pours-how-much-protection-does-your-lake-zurich-business-need-regarding-flood-insurance#main-content) [![The Plexus Groupe](https://blog.plexusgroupe.com/hs-fs/hubfs/Logo%20and%20Design%20Files/plexus_sis_logo_color.png?width=1468&height=368&name=plexus_sis_logo_color.png "The Plexus Groupe")](https://www.plexusgroupe.com/) # When it rains, it pours: How much flood insurance does your business need? 20 April 2016 [Artoon](https://blog.plexusgroupe.com/author/artoon) [Property & Casualty](https://blog.plexusgroupe.com/tag/property-amp-casualty)   April showers bring May flowers. The prospect of spring rain should also bring business owners to look at whether they have the necessary flood insurance. That’s because floods can cause billions – billions – in damage, wiping out businesses in their wake. That’s why businesses need to consider whether flood insurance is right for them. The government-run [National Flood Insurance Program](https://www.fema.gov/national-flood-insurance-program/) (NFIP) is a good place to start for general flood insurance information, including rates and flood-risk areas. The organization’s website, [Floodsmart.gov](https://www.floodsmart.gov/floodsmart/), also provides a primer on reimbursement in the event of [flood damage](https://www.floodsmart.gov/floodsmart/pages/about/coverage_from_nfip.jsp). But let’s take a look at the big picture. With huge amounts of money at stake, not to mention a company’s solvency at stake, business owners should consult a trusted insurance broker to know exactly what coverage is needed because there is real cause for concern. Furthermore, an insurance expert can help you find the insurance coverage gaps that can rear their ugly heads when least expected. With the weather turning warmer, now is as good a time as any to take a closer look at flood insurance. Take a page from California residents, who responded to the [threat of El Nino](http://www.mercurynews.com/breaking-news/ci_29523698/fema-says-californians-buy-record-number-flood-insurance) by purchasing flood insurance policies at a record rate, as The Associated Press notes. For more information on how the strategic insurance solutions Plexus can offer, contact us at 847-307-6100 (Chicago) or 972-770-5010 (Dallas/Oklahoma), or visit us on the Web at [plexusgroupe.com](https://blog.plexusgroupe.com/). [![plexus](https://blog.plexusgroupe.com/hubfs/Imported_Blog_Media/Plexus_CTA_final.png)](https://blog.plexusgroupe.com/) ### Related Post ##### [Insurance stories we're reading](https://blog.plexusgroupe.com/plexus-blog/retirement-plans/insurance-stories-reading-3) We enjoy reading about insurance at Plexus. Here are five industry stories we're checking out as... ##### [Insurance stories we're reading](https://blog.plexusgroupe.com/plexus-blog/retirement-plans/insurance-stories-reading-2) At Plexus, we enjoy reading about insurance -- and we think you will, too. Here are five... ##### [Auto insurance rates are rising, and the causes are many](https://blog.plexusgroupe.com/plexus-blog/news/auto-insurance-rates-rising-causes-many) Auto insurance premiums have been on the rise since April 2016, when a six percent rate hike made... [![The Plexus Groupe](https://blog.plexusgroupe.com/hs-fs/hubfs/Logo%20and%20Design%20Files/plexus_sis_logo_color.png?width=1468&height=368&name=plexus_sis_logo_color.png "The Plexus Groupe")](https://www.plexusgroupe.com/) HQ: 21805 W. Field Parkway Suite 300 Deer Park, IL 60010 847.307.6100 [communications@plexusgroupe.com](mailto:communications@plexusgroupe.com) Copyright © 2022 The Plexus Groupe. All Rights Reserved. [Privacy Policy |](https://www.plexusgroupe.com/privacy-policy) [Terms & Conditions](https://www.plexusgroupe.com/privacy-policy#:~:text=with%20its%20operators.-,TERMS,-OF%20USE) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Artoon", "url" : "https://blog.plexusgroupe.com/author/artoon" }, "dateModified" : "2019-12-09T20:07:35.139Z", "datePublished" : "2016-04-21T00:00:04.000Z", "headline" : "When it rains, it pours: How much flood insurance does your business need?", "mainEntityOfPage" : { "@id" : "https://blog.plexusgroupe.com/plexus-blog/second-category/when-it-rains-it-pours-how-much-protection-does-your-lake-zurich-business-need-regarding-flood-insurance", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.plexusgroupe.com/hubfs/Plexus%20Logos/The%20Plexus%20Groupe/Plexus-External-Padded.png" }, "name" : "The Plexus Groupe LLC" } } ```