Why does my policy have more than one deductible?

A policy commonly carries a flat deductible for most claims and a separate percentage-based wind and hail deductible in storm-exposed states like Georgia.

Does my own insurance cover me when I stay in an Airbnb or VRBO?

The host's short-term rental policy protects the host, not you. As an Airbnb or VRBO guest, your own homeowners or renters insurance usually covers your belongings and personal liability away from home, within policy limits, while travel insurance covers trip-specific risks neither the host nor your home policy will.

Does homeowners insurance cover flood damage?

No. Standard homeowners policies exclude all flood damage regardless of cause.

What does uninsured motorist coverage do?

If you are hit by a driver with no insurance or not enough insurance, uninsured and underinsured motorist coverage pays your medical bills.

When do we use Selective for flood coverage versus NFIP?

Selective private flood wins for Zone X and moderate AE properties where it beats NFIP on price and offers higher limits with ALE coverage.

What business insurance is required in Alabama?

All FAQs

Quick answer: Alabama requires workers' compensation once you regularly employ five or more people, and requires liability coverage on business-owned vehicles. General liability and a BOP are not state-mandated, though contracts, leases, and lenders often require them.

Alabama mandates only two coverages for a business by default; everything else is driven by contracts, lenders, or choice.

What insurance does Alabama actually require?

Alabama requires workers' compensation once you regularly employ five or more people, and requires liability coverage on business-owned vehicles.

What is not state-mandated, even though most businesses carry it?

General liability and a business owners policy are not state-mandated. Contracts, leases, and lenders often require them anyway, so a business can be legally compliant with state law and still be in breach of a lease or loan agreement without them.

Example

A Montgomery retail shop with four employees is not yet required to carry workers' compensation, but its commercial lease independently requires general liability coverage before the landlord will hand over keys. Both requirements exist, from two different sources.

What should a business owner check?

An advisor can sort out which coverages are legally required, contractually required, and simply smart for a specific business. See Alabama business owners policy for more.