Flood Insurance (Flood)

This policy covers damages caused by flooding as a result of flooding bodies of water, storm surges or mudslides, among others.
Flood Insurance is a policy designed to provide maximum flood protection for your business and personal property.

coverages

Flood insurance (flood)

Flood damage is excluded on most homeowners and commercial policies.
For this reason, for those residents in areas prone to flooding, it is necessary to have financial protection against this loss. Because water travels for miles, we are not exempt from flooding even if our property is not near bodies of water.
Insurance companies, under contract with the Federal Emergency Management Agency (FEMA), offer a Flood Insurance policy through the  National Flood Insurance Program (NFIP)  that provides coverage for losses to your home as a result of flooding.
You can select the cover for the structure of your property, the contents of the same or both covers combined.

What is flood insurance?

Flood insurance protects you against damages caused by flooding as a result of overflowing bodies of water, storm surges, mudslides, among others.

Are flood damages included in the housing policy (Hazard – Dwelling)?

Flood damage is excluded on most homeowners and commercial policies.

Recommendations for use

Seguros Puerto Rico recommends to its clients, in order to be able to access the benefits of all the guarantees of the policy, to take into account a series of relevant aspects before and after contracting it.

Recommendations for contracting your Flood Insurance:

• Read carefully all the special provisions and clauses of each coverage.

Recommendations to benefit from the coverage of your Flood Insurance:

• The policy will be canceled in the event of fraud in the information provided in the application forms or when filing a claim.
• It is convenient to know the clauses, limitations and requirements of the policy to be able to act with precision in case it is necessary to make a claim.
• It is necessary to have the documents related to the policy located in a suitable place.
• In the event of a loss covered by the policy, you must notify the claim in writing as soon as possible.
• In the event of a loss, you must carry out an inventory of the affected property demonstrating the quantity, description, actual cash value, and the amount of the loss.
• You may cancel this policy at any time by returning it to us or by notifying us in writing of the effective date of cancellation.
• Insurance companies have no obligation to manage those claims not included in the general and particular conditions of the policy.

Flood Insurance is a policy designed to provide maximum flood protection for your business and personal property.
We are always at your service.