Flooding in Wisconsin has caused devastating damage to property in the state. Adding to the problem is the fact that few people understand the limitations in property insurance policies on damage caused by flood and only a small number of business owners have purchased flood insurance through the National Flood Insurance Program (NFIP). The NFIP makes federally backed flood insurance available to business owners in communities that adopt and enforce floodplain management ordinances to reduce future flood damage. Community participation in the NFIP is voluntary.
Buying flood insurance is the best thing you can do to protect your business and financial security from a flood.