Through Insurance Property Insurance Dwelling, Homeowner, Condominium, Farm and Tenant policies exclude coverage for damage due to flood, sewer backup, and sump pump failure.
Many companies offer the buy back of limited coverage for sewer backup and sump pump failure.
Not all companies offer the same level of coverage so it may be useful to shop around for the one that will meet your needs. If the potential risk of flooding is a significant factor in your risk analysis these policies will not provide flood coverage, even with the buy back endorsement for sewer backup and sump pump failure. Businessowner's, Commercial Package's and Commercial Property policies generally exclude flood, sewer backup and sump pump failure. However, some commercial insurance companies also offer special policy forms or coverage enhancements which may bring back some limited coverage for these exposures. If the potential risk of flooding is a significant factor in the risk analysis for your business you may be able to obtain an enhanced policy with some coverage.