Did you know that a majority of commercial properties have an outdated or incorrect flood risk analysis? As a business owner, this means that your property could be at a higher risk of flooding than you realize, especially considering the impact of climate change on flood risks nationwide.
If you're unsure whether investing in a professional flood risk analysis is worth it, consider the following advantages that come with having one completed. By understanding these benefits, you can make an informed decision about protecting your property from potentially catastrophic floods.
- Peace of mind - As a business owner or commercial property landlord, you deserve peace of mind. Floods can have devastating financial consequences, leading to permanent closures and significant losses. A professional flood risk analysis helps protect your livelihood and minimizes your liability by creating an efficient flood protection plan. Knowing that your property is prepared to handle emergencies and has the necessary resources in place provides confidence and peace of mind.
- Up-to-date flood model - Most existing flood risk analyses do not account for the impact of global warming, including intense rainfall, rising sea levels, and increased coastal storms. Working with flood risk experts who specialize in creating accurate flood risk analyses is crucial. During a professional flood risk analysis, experts review and challenge existing maps in your area, correcting any inaccuracies and providing an accurate assessment of flood risk. This lays the foundation for an effective flood protection plan.
- 99% accuracy - By working with industry leaders in flood risk analysis, such as Flood Risk America, you benefit from our team's experience in accurately analyzing risk and developing successful protection plans. Our thorough and precise flood risk analysis process provides a comprehensive understanding of your commercial property's flood risk. Moreover, they take the time to help you comprehend the risks and available solutions, ensuring you are well informed and empowered to protect your property.
- Cost savings - Reviewing and challenging the flood map for your area is essential when purchasing or constructing a commercial property. Inaccurate maps can lead to overpaying for insurance or insufficient coverage when emergencies occur, resulting in costly out-of-pocket damages. Flood Risk America's map review and analysis have helped clients save up to 85% on insurance premiums, provided a clearer picture of the risks involved, and enabled clients to take proactive steps to protect their properties and minimize potential losses.
- Enhanced property marketability - An up-to-date and professional flood risk analysis adds value to your commercial property, attracting serious tenants and increasing its appeal in the market. As awareness grows regarding climate-driven floods and the importance of flood risk mitigation, having an accurate flood risk analysis puts you ahead of the competition. Additionally, by prioritizing flood risk mitigation, you contribute to safeguarding businesses, homes, and essential structures within the community, fulfilling your responsibility as a business owner to protect all who utilize your property.
Investing in a professional flood risk analysis brings numerous benefits, from protecting your property and ensuring peace of mind to saving costs and enhancing marketability. It is a proactive step towards safeguarding your business, minimizing liability, and contributing to the resilience of your community.
