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.

When does an Alabama apartment or property management company need workers' compensation insurance?

All FAQs

Quick answer: Once an Alabama apartment or property management company regularly employs five or more people, including on-site maintenance and leasing staff, under Code of Alabama Section 25-5-50. That threshold is easy to cross once maintenance and leasing staff are added.

When does this apply to a habitational property?

Once it regularly employs five or more people, including on-site maintenance and leasing staff, under Code of Alabama Section 25-5-50. That is a real trigger point for a growing multifamily property manager, a threshold higher than some neighboring states use, but one that is easy to cross once maintenance and leasing staff are added.

Why does habitational property staffing cross this threshold quickly?

An apartment community often combines a leasing office, a maintenance team, and sometimes a courtesy officer or groundskeeper, roles that add up to five people faster than a typical small retail business. Part-time leasing agents and seasonal maintenance help count toward the total the same as full-time staff.

Example

A Montgomery apartment community with two leasing agents, two maintenance technicians, and a part-time groundskeeper has five people counting toward the threshold, even though only four work full-time. Workers' compensation is required at that point.

What should a property manager check?

A coverage review can confirm the current headcount against the threshold and how it interacts with the property's other commercial coverage. See Alabama habitational insurance and Alabama workers' compensation insurance for more.