MY FLORIDA FLOOD RISK
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More Flood Facts
Florida's coastal areas are susceptible to storm-surge flooding--the sudden and massive build up of water levels by the force of onshore winds produced by tropical storms, hurricanes, and northeasterners. Water levels of 12 feet or more can overflow normally dry lands with devastating results.
The severity of flooding can vary significantly based on a variety of factors such as storm intensity, forward speed, angle of attack, the slope of continental shelf, tidal conditions, etc. The northern and southern coastal areas of the county are somewhat more susceptible to surge flooding than are the central sections.
Several factors contribute to Florida's flooding. Among these are rainfall intensity, rainfall duration, surface conditions, topography, and poor natural drainage. An increasingly significant contributing factor is rapid water runoff associated with the vast areas of impervious surfaces created by new development, often creating flood prone areas where they didn't previously exist.
Under the National Flood Insurance Program (NFIP) a flood is defined as a general and temporary condition of partial or complete inundation of normally dry land by:
- The overflow of inland or tidal waters.
- The unusual and rapid accumulation or runoff of surface waters from any source.
- Mudslides (i.e., mudflows) which are proximately caused by flooding as defined above and are akin to a river of liquid and flowing mud on the surfaces of normally dry land areas, including your premises, as when earth is carried by a current of water and deposited along the path of the current.
- The collapse or subsidence of land along the shore of a lake or other body of water as a result of erosion or undermining caused by waves or currents of water exceeding the cyclical levels which result in flood as defined above.
- flood debris cleanup
- structural damage (walls, ceilings, floors, stairways, etc.)
- equipment/utilities damaged by floodwater
- wall-to-wall carpeting, tile and other flooring surfaces
- office equipment
- artwork, decorations
- other contents as defined in your policy
The maximum coverage limits under a standard business flood policy are $500,000 for a structure and $500,000 for contents. The coverage limit for renter contents is $500,000.
Business owners in lower risk areas may qualify for a "preferred risk" policy which provides the same coverages at substantially lower rates.