Flood Insurance Statistics
Real premium data from actual closed commercial policies — small offices to apartment complexes, daycare facilities to museums. Commercial flood insurance is a fundamentally different product than residential, and this page shows exactly what businesses pay.
Four Tiers of Commercial Flood Insurance
Actual Commercial Policies We've Placed
Thirteen real commercial policies from our book — every one closed, bound, and paid. Property type only. No customer names, no addresses.
Commercial Carrier Comparison
Eight carriers actively writing commercial flood across our book, ranked from widest range to most specialized. Each one has a sweet spot.
Wright Flood
$360 – $82,693 /yr
Widest commercial range. NFIP and WYO writing capability. Good fit for wide property variance.
AMWINS
$12,424 – $58,297 /yr
Specialty and large commercial. Strong choice for museums, theaters, and complex risks.
Sterling Underwriters
$7,003 – $24,500 /yr
Mid to large commercial. Flexible deductible structures up to $500,000 primary layer.
Assurant
$21,095 – $23,243 /yr
Large commercial and apartment complexes. Consistent pricing in the mid-tier.
NFIP Direct
Varies – $15,094 /yr
Federal backstop when private options aren't available. Capped at $500K building / $500K contents.
Dual
$5,082 – $9,981 /yr
Mid-market commercial and high-value properties. Tourism and recreation focus.
CatCoverage
$2,508 /yr
Small commercial with favorable risk profile. Aggressive on properties with good elevation.
Superior
$350 /yr
Small commercial, slab foundation. Our entry-point carrier for the best-priced commercial deals.
Commercial vs Residential
Commercial flood insurance is its own product. Different coverage caps, different deductible options, different rating factors. Here's how the two compare directly.
Commercial properties get 2x the NFIP building coverage and 5x the contents coverage of residential. They also get access to flexible deductible structures that residential policies don't offer — including zero-deductible options and primary-layer structures up to $500,000.
Four Ways Commercial Deductibles Work
Commercial deductibles are far more flexible than residential. Four distinct structures are available, each with different cash-flow and pricing implications.
Foundation Type Impact on Commercial Premiums
Foundation type drives commercial pricing the same way it drives residential — but the dollar gap widens dramatically as building value increases.
Most new commercial construction uses slab foundations. Water flows around the structure with minimal below-grade exposure.
Common in older commercial buildings, especially in flood-prone areas. Some below-grade exposure from utilities and ductwork.
Significant cost driver, especially near water. Below-grade space exposes HVAC, electrical, mechanical, and stored inventory.
A slab commercial building in Augusta pays $350/yr while a crawlspace commercial building in the same city pays $360/yr. The gap is small for smaller buildings but widens significantly as building value increases.
Commercial Property Types We Insure
From our commercial book, we have placed policies for every kind of business property:
Key Commercial Industry Statistics
The numbers every business owner, landlord, and investor should know before choosing a commercial flood policy.
If your business depends on continuous operations, NFIP commercial policies do not include business income coverage. Only private flood carriers offer this protection. For restaurants, retail, hospitality, and any business where downtime equals lost revenue, this is often the deciding factor in choosing private over NFIP.
Chris Greene
Founder & Agency Owner · The Flood Insurance Guru
Data compiled and analyzed by Chris Greene, founder of The Flood Insurance Guru. Master's degree in Emergency Management. 12,000+ flood insurance policies placed nationwide. Recognized as one of the leading flood insurance specialists in the United States, with 5,000+ flood education videos produced and an active client base across all 50 states.
Get Your Commercial Quote
Every commercial property is different. The only way to know what you'll actually pay is to get a quote on your specific building. Our team can pull premiums from 8+ commercial carriers in one shot.