Natural disasters such as earthquakes, floods, and
landslides are not usually covered by most standard business
insurance.
Natural disaster insurance comes with a deductible
(the amount you will pay out of pocket before getting
insurance payouts). The deductible ranges from 2-10
percent.
There are 5 major types of natural disaster insurance that
every small business should consider. They include:
-
Earthquakes
- Floods
-
Windstorm/Hurricane
-
Difference Insurance [Landslide]
- Business Interruption
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