Explore Business Insurance - Fire, Storms and Floods

Posted by Madeline White on January 8th, 2024

Commercial property insurance is essential for all businesses but is particularly important in areas that are prone to bushfires, floods and severe weather storms. Australia has a hot and dry climate with temperatures that often exceed 30°C (86°F) and even 40°C (104°F), especially in spring, summer and fall.

On the other hand, Australia is also prone to flooding and severe weather. These are common after heat waves or during cold snaps in the winter.

To ensure your business is protected against these extreme weather events, you must have comprehensive property insurance that covers bushfires, floods and storms! as advised by the insurance brokers in Alice Springs and other places.

How do you know if you need wildfire, flood and storm cover on your policy?

If your business is located in a wildfire zone, having adequate coverage, as stated in your policy, will protect you against damage to your property as a result of a wildfire.

As for flood and storm coverage, you never know when Mother Nature will strike, so including natural disasters in your coverage will protect you if your business suffers hail damage or flooding.

Flood coverage is not always included in standard insurance policies, but where it is offered, it is usually described as:

When normally dry land is covered by water that escapes or is released from its normal size,

Lakes, rivers, streams, natural waterways, reservoirs, canals and dams.

Business owners often assume that flood coverage protects against heavy rainfall, but this is often not the case. Contact insurance brokers in Casuarina and other locations for more information on what our customised commercial property insurance program does and does not cover.

What happens if your business is damaged by fire, flood or storm?

First, contact us to make an insurance claim near Casuarina. If your policy covers fire, flood or storm damage, the claims process will be initiated. During this time, we will keep you informed about the progress of your claim and provide advice and guidance at every stage.

Contact your local municipality, State Emergency Services Agency or local fire department to find out if your business is located in an area at high risk of fire, flood or storm damage. Alternatively, contact insurance brokers near Alice Springs and other regions for all your commercial property insurance needs!

Author’s Bio: The author is a professional insurance broker and offers several services in and near Alice Springs and Casuarina, and writing this post means educating the readers about the topic.