PREFERRED
 

RISK POLICY
 

DON’T WAIT. CALL YOUR 

INSURANCE AGENT TODAY. 

About 85 insurance companies sell Preferred Risk 

Policies from the National Flood Insurance Program. 

And they all sell it at the same low price. So call your 

insurance agent today—because flood insurance 

typically takes 30 days after purchase to go into effect. 

A SMALL INVESTMENT PROTECTS YOU 

FROM A HUGE PROBLEM. 

Every year, thousands of businesses throughout 

the United States suffer from flooding. It can mean 

paying a huge, unexpected bill to recover from the 

damage—or the end of your livelihood for you and 

your employees. 

But with a Preferred Risk Policy (PRP), businesses 

located outside of high-risk flood areas can get up 

and running again more quickly. Best of all, with new 

commercial rates for flood insurance now in effect, 

you can customize the coverage that’s right for you. 

And that can help keep your business in business. 

Low-cost flood insurance 

for businesses. 

FloodSmart.gov/commercial It can keep your 

1-800-427-2419 business in business. 

FLOODS HAPPEN. 

SUDDENLY AND EVERYWHERE. 

YOUR RISK COULD BE 

GREATER THAN YOU THINK. 

It starts with a drop of water. And builds into 

a destructive flow that buckles walls and floors, 

wrecks costly equipment, ruins furniture, and 

damages materials and supplies. Unless you 

have flood insurance, you are faced with only 

three choices: paying recovery costs out of 

your own pocket; taking out a loan, which puts 

additional debt on the business; or closing your 

doors and trying to start over. 

Far too many businesses have to choose the 

third option. At least 25 percent of small 

businesses never reopen their doors following 

a disaster. And with floods, just a few inches of 

water can cause tens of thousands of dollars 

in damage. From 2009 to 2013, the average 

commercial flood claim was more than $87,000. 

General business insurance coverage won’t 

protect you from costly flood damage. 

Only flood insurance can. 

F-437

04/2015
 

 

 

 

l

PREFERRED RISK POLICY PREMIUM TABLE: COMMERCIAL 

Effective April 1, 2015 for properties currently mapped in B, C, or X Zones 1, 2, 3 

Non-Residential Building and Contents Coverage Combinations4	 Non-Residential 

Contents-Only Coverage 

CONTENTS 

COVERAGE 

$50,000 $100,000 $200,000 $300,000 $400,000 $500,000 

ANNUAL PREMIUM ANNUAL PREMIUM ANNUAL PREMIUM ANNUAL PREMIUM ANNUAL PREMIUM ANNUAL PREMIUM 

w/ Basement 

or Enclosure5 

w/o Basement 

or Enclosure6 

w/ Basement 

or Enclosure5 

w/o Basement 

or Enclosure6 

w/ Basement 

or Enclosure5 

w/o Basement 

or Enclosure6 

w/ Basement 

or Enclosure5 

w/o Basement 

or Enclosure6 

w/ Basement 

or Enclosure5 

w/o Basement 

or Enclosure6 

w/ Basement 

or Enclosure5 

w/o Basement 

or Enclosure6 

$50,000 $1,037 $647 $1,340 $809 $1,907 $1,112 $2,422 $1,386 $2,883 $1,632 $3,292 $1,850

100,000 1,475 873 1,778 1,035 2,345 1,337 2,858 1,611 3,320 1,857 3,729 2,075

BUILDING COVERAGE 

150,000 1,779 1,030 2,080 1,190 2,640 1,490 3,149 1,761 3,606 2,005 4,010 2,220

200,000 1,952 1,203 2,253 1,364 2,812 1,663 3,323 1,933 3,779 2,178 4,184 2,393

250,000 2,074 1,318 2,374 1,479 2,934 1,778 3,444 2,049 3,900 2,293 4,306 2,509

300,000 2,208 1,442 2,509 1,602 3,069 1,901 3,578 2,172 4,035 2,416 4,439 2,632

350,000 2,358 1,508 2,657 1,668 3,218 1,967 3,726 2,239 4,183 2,482 4,588 2,698

400,000 2,455 1,581 2,755 1,741 3,315 2,041 3,824 2,312 4,280 2,556 4,684 2,772

450,000 2,566 1,662 2,866 1,822 3,427 2,120 3,935 2,392 4,392 2,635 4,796 2,851

500,000 2,688 1,747 2,988 1,908 3,548 2,207 4,057 2,478 4,513 2,722 4,918 2,938

CONTENTS 

ANNUAL PREMIUM 

Contents Above 

Ground (more than 

one floor) 

A l Other Locations 

(Contents Only 

not eligible) 

$50,000 $174 $391

100,000 262 591

150,000 350 790

200,000 438 989

250,000 526 1,188

300,000 614 1,387

350,000 702 1,586

400,000 790 1,785

450,000 877 1,984

500,000 965 2,184

Note: Other combinations of $50,000 increments of contents coverage are available. 

FOR MORE INFORMATION, VISIT FLOODSMART.GOV/COMMERCIAL OR CALL 1-800-427-2419. 1 A $250 Homeowner Flood Insurance Affordability Act Surcharge is required 

to be added to all non-residential policies. 

2 Add the $50 Probation Surcharge, if applicable. 

3 Premium includes a 10% Reserve Fund Assessment and $22 Federal Policy Fee. 

4 Premium includes ICC Premium of $5 for non-residential coverage up to 

$480,000 and $4 for coverage over $480,000. 

5 Do not use this section of the table for buildings with crawlspaces or 

subgrade crawlspaces; see footnote 6. Use this section of the table if a 

building elevated on a crawlspace has an attached garage without openings. 

6 Use this section of the table for buildings with crawlspaces or 

subgrade crawlspaces. 

Note: All non-residential buildings, including non-residential condominium buildings, are eligible for the Preferred Risk Policy. 

Individual non-residential condominium units are only eligible for contents-only coverage. In addition, individual residential 

condominium unit owners in non-residential condominium buildings are only eligible for contents-only coverage. 

Note: Replacement Cost Coverage is not available for the building or contents. All claims will be settled using Actual Cash 

Value (depreciated value). Business interruption is not an available coverage in the National Flood Insurance Program. 

Note: Contents located entirely in a basement are not eligible for contents-only coverage. 

Note: Properties that have been newly mapped into a high-risk flood area may qualify for an equivalent preferred risk 

premium through the Properties Newly Mapped rating option. This premium table does not apply to those properties. 

Contact your agent for a quote.