If you are a business owner here in Florida or anywhere in the country and you need Hazard Insurance or risk insurance, at Opportunity Insurance we help you in the process.
We have many insured businesses and it is not complicated, so you do not have to stress, just contact us and we will gladly help you. Today we want to tell you a little about this policy, what it consists of, what damages it covers and how you can obtain it.
What is Hazard Insurance?
It is a risk insurance that covers the owner of a business or property, for damages caused by fires, storms, hail, among others. Damages caused by nature must be specified in the policy; In this way, the owner will receive compensation to cover the expenses caused by these phenomena.
Hazard Insurance differs from catastrophe insurance. Although both include natural disasters, hazard insurance is a separate policy; not only covers natural disasters, but also man-made ones.
Risk insurance protects the business owner from damages caused only by natural disasters. If the area where your business is located is more prone to certain natural disasters, you can opt for additional policies for cover specific damages.

Hazard Insurance coverage
This insurance generally covers damage caused by fire, lightning, hail, wind, snow, storms or other natural disasters. This policy is independent of the general insurance that you may have for your business or property.
If you are an owner, you must ensure the most common risks to which your business is exposed. In this way they are all included in the risk policy. The amount that this insurance can cover will depend on the value of the property, as well as the specifications required by the client.
In most cases this policy covers damage caused to structures such as roof and foundations. Only in specific cases can furniture and personal belongings be included.
Always remember to talk with your insurance advisor before making the decision, to be aware of the specifications of your policy and avoid future inconveniences. You can call our offices at 786-334-6612 and we will gladly assist you and guide you through this process.
It is very easy to present the Hazard Insurance if the SBA Loan is asking you to do so; don’t worry, we can help you with this; We already have many insured businesses and they have our support.

Importance of Hazard Insurance
Every business, be it small, medium or large, is exposed to certain risks, and this can mean a loss of money for the owner and the finances of the business. Having risk insurance is vitally important to protect your investment . Although many people consider it an expense to pay a Hazard Insurance, the reality is that in the long term it is an investment that can benefit you if you become a victim of some catastrophe.
Therefore, the importance of having insurance protection for your business . When accidents, unforeseen events or natural disasters arise, you can rest easy as an owner, since the insurance will cover the expenses incurred and thus you will not suffer losses.
How to get a Hazard Insurance
It’s very simple, you just have to contact us and ask about the options available for Hazard Insurance. At Opportunity Insurance we have professionals trained to assist you and inform you on the subject; in addition to helping you with the entire process for the SBA Loan. Get in touch with us and visit our social networks and YouTube channel.