Insurance for small business in coastal regions- incuding wind.
Coverage is available for business in VA, NC, SC, and TX that are at least 500 feet from shore, and not on a barrier island. We offer coverage for a wide variety of small businesses, including most retail and wholesale stores, restaurants, offices, and service businesses, such as tailors, and dry cleaners. Maximum coverage anounts are $5,000,000 per building and $10,000,000 per policy. Higher amounts are available the farther away you are from shore.
Policies for businesses in coastal counties will typically include a separate wind deductible, expressed as a percentage of the coverage amount. The percentage varies depending upon the construction of the building and the distance from the coast. For a frame building 600 feet from the coast, we would expect to see a 5% deductible. For a masonry non-combustible building 600 feet from the coast, we would expect to see a 2% deductible. The farther you are from the coast, the lower the deductible can be.
For more information, or to get a quote, go to our business owners policy page here: Insurance for Business Owners | Insurance Products (brownsinsurance.com)