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.

Does Alabama law protect company directors and officers from lawsuits?

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Quick answer: Only partly. Alabama law (Code of Alabama Sec. 10A-2-8.57 / 10A-3-2.43) lets a corporation indemnify directors and officers for defense costs, but excludes any matter where they are ultimately found liable for negligence or misconduct, which is the gap D&O insurance is designed to cover.

Does Alabama corporate law protect directors and officers from lawsuits?

Only partly, and with a real gap. Alabama corporate law allows a business corporation (Code of Alabama Section 10A-2-8.57) or a nonprofit corporation (Section 10A-3-2.43) to indemnify its directors and officers for defense costs.

Where does that protection stop?

The law explicitly carves out any matter where the director or officer is ultimately found liable for negligence or misconduct. Indemnification does not apply exactly where the exposure is greatest.

What fills that gap?

That gap, coverage for a director or officer found liable for negligence or misconduct, is what management liability (D&O) insurance is designed to cover. A corporation's bylaws can promise indemnification, but only insurance actually pays when the exact situation the bylaws exclude occurs.

What should a board check?

A coverage review can confirm whether a specific organization's D&O coverage actually closes this gap. See Alabama management liability (D&O) insurance for more.