My husband’s family lives in Rhode Island, along with our friends at Astonish Results. Last night my mother-in-law told me that the Warwick Mall recently reopened after being closed for nearly five months. In March, Warwick, Rhode Island underwent historic flooding. You can see how severe the damage was in this photo gallery. Dan says the mall was at or below sea-level. It took millions of dollars to restore the mall.
If you own a business here in Florida, you know you need flood insurance. It rains here nearly every afternoon and evening. Can you afford to rebuild or put your business on hold due to flooding? One of the mall’s largest department stores, Macy’s, isn’t scheduled to reopen until the Spring of 2011. They must have lost so much keeping their store closed for so long. Just think of all the employees who were suddenly out of work.
If you’d like to learn more about commercial and flood insurance, please call us at 1-888-721-1949 or stop by our office at 11322 Seminole Boulevard in Largo, Florida. You can also check out www.FloodSmart.gov and find out if your business in a low-to-moderate risk area or a high risk area–if it’s in the former you may qualify for a lower/preferred rate. Don’t forget that there’s a 30 day waiting period for flood insurance from the date of purchase to the date the policy goes into effect. So don’t put off that phone call or business.