(508) 420-9011 • insure@mcsheainsurance.com • 1645 Falmouth Rd, Bldg D Centerville, Massachusetts 02632
Coastal Business Insurance
Owning a business near the coast comes with unique opportunities and risks. From hurricanes and flooding to high winds and saltwater exposure, businesses in coastal areas require specialized coverage to stay protected. Coastal Business Insurance provides tailored protection to help safeguard your business against these environmental challenges.
A Coastal Business Insurance policy typically includes coverage for:
- Property damage caused by hurricanes, windstorms, and heavy rain
- Business interruption due to severe weather events
- Coverage for storm surges and water damage
- Equipment and inventory protection
- Additional structural reinforcement options
It’s Kind Of Our Thing…
At
McShea Insurance, we are the trusted experts in
Coastal Business Property Insurance. With decades of experience, we have developed an unparalleled understanding of the unique challenges businesses face along the Cape, Nantucket, and Martha’s Vineyard. Since 1986, we have been committed to providing tailored insurance solutions that safeguard coastal businesses from the unpredictable forces of nature, ensuring their long-term success and resilience. We work with business owners to create tailored
Coastal Business Insurance policies that provide strong protection against the unpredictable forces of nature.
Who Needs Coastal Business Insurance?
Any business located in a coastal region should consider Coastal Business Insurance. This includes:
- Restaurants and cafes near the shore
- Retail stores in coastal towns
- Hotels, resorts, and vacation rental properties
- Marinas and boat repair shops
- Fishing and seafood businesses
- Any business operating in hurricane-prone or flood-prone areas
FAQs
Is flood insurance included?
No, Coastal Business Insurance does not automatically include flood insurance. Flood damage is typically excluded from standard policies and requires a separate Flood Insurance policy. If your business is located in a high-risk flood zone, we strongly recommend adding flood coverage to ensure full protection.
Why are premiums higher for coastal businesses?
Coastal businesses face a higher risk of property damage due to extreme weather conditions, which results in increased insurance costs. Factors contributing to higher premiums include:
- Proximity to water and storm surge risks
- Increased likelihood of hurricane damage
- Expensive repair costs due to specialized construction materials
- Higher claims frequency in coastal areas
Working with an experienced insurance provider like McShea Insurance can help you explore options for reducing costs while maintaining adequate protection
How can I reduce my insurance costs?
While coastal business insurance can be costly, there are ways to lower your premiums:
- Implementing storm-resistant building features (e.g., impact-resistant windows, reinforced roofing)
- Maintaining a strong emergency preparedness plan
- Elevating critical equipment and inventory to reduce flood damage risk
- Working with an insurance specialist to find discounts and customized coverage options
Get Started Today
Ensure your coastal business is protected against unpredictable weather and environmental risks.
Contact McShea Insurance today to discuss a Coastal Business Insurance policy tailored to your needs.