Effective October 1, 2023, Rooney Insurance will be located at 5100 E Skelly Dr, Suite 1010 in Tulsa, Oklahoma
The National Centers for Environmental Information data states that between 1980 and 2022 there were 37 flooding events in the United States that caused 1 Billion dollars’ worth of damage or more. These are just the big floods!
You don’t need a billion-dollar disaster to experience disruptions to your business due to flood damage. Without flood insurance, any flood event can have major financial consequences.
The aggregate annual costs for flood damage reparations and replacement of commercial structures were estimated to reach $13.5 Billion in 2022. However, standard property insurance does not cover damage from natural disasters. It doesn’t take significant flooding to cause enough damage to shutter your business while you deal with:
You might question if your business needs flood insurance or can afford to add more coverage to your protection package. Think of it this way: You can budget for insurance; you cannot budget for a natural disaster. Flood insurance may not be required by your banker or mortgage holder, but obtaining coverage is often a good business decision. It can be the difference between your business surviving or not surviving a flood event. With a flood insurance plan in place, you’ll have less to worry about and will be thankful you have coverage you can count on.
Rooney Insurance offers commercial property and casualty insurance, including natural disaster coverage. We recognize that every company’s situation and needs are different. We tailor your policy to your business’s unique risks, including flood insurance coverage when the risk is present. We work with you to determine how much and what kind of coverage you need, developing a solution that fits your budget and provides sufficient protection against flood damage.
Rooney Insurance Agency, established in Tulsa, Oklahoma in 1960, has provided customized business and personal insurance and employee benefits solutions to individuals and businesses in the state of Oklahoma and throughout the United States. We work to ensure that each client’s insurance coverage fits their specific needs, addresses their key risks, and protects their valuable assets. For more information on how we can help you today, contact us at (918) 582-0565.