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July 23, 2019

Business insurance for natural disasters

By JOYCE M. ROSENBERG
AP Business Writer

NEW YORK — With earthquakes in California and Hurricane Barry striking states along the Gulf of Mexico and in the Midwest, small business owners should look at their insurance policies and determine how well covered they'd be in the event of a natural disaster.

Damage from tornadoes and the wind and rains of hurricanes are covered by standard business insurance policies. But some insurers won't sell policies in coastal areas that are at a high risk for a hurricane. And coverage for flooding, earthquakes and volcanic eruptions is likely to need separate, and often expensive, policies.


 
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