What is a deductible?

The amount you pay out of pocket on a covered claim before insurance pays the rest. Higher deductibles mean lower premiums.

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.

Does Alabama law require condo unit owners to carry their own insurance?

All FAQs

No. Alabama’s Uniform Condominium Act (Code of Alabama Sec. 35-8A-313) requires the condo ASSOCIATION to maintain a master property insurance policy, and makes that master policy primary if a unit owner also has coverage for the same loss. A unit owner is permitted to buy their own coverage but not required to by state law. Any requirement to carry unit-level coverage comes from your association’s bylaws or a mortgage lender, not Alabama law itself.