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 require contractors to carry inland marine insurance?

All FAQs

Quick answer: No. Alabama has no line-specific statute or ALDOI rule regulating inland marine coverage, it is a generic national commercial product. Contractors and equipment-heavy businesses typically add it once tool and equipment values exceed what a standard commercial property policy covers.

Does Alabama require contractors to carry inland marine insurance?

No. Alabama has no line-specific statute or ALDOI rule regulating inland marine coverage. It is underwritten as a generic national commercial product, the same in Alabama as anywhere else.

Who typically needs it?

Contractors and equipment-heavy businesses typically add it once their tool and equipment values exceed what a standard commercial property policy covers at a fixed job-site address.

Example

A Hoover-based electrical contractor with $80,000 in tools and equipment that move between job sites needs coverage that follows the equipment, not just the shop address. A standard commercial property policy tied to one location leaves that mobile equipment exposed.

What should a contractor check?

A coverage review can confirm whether inland marine coverage fits a specific contractor's equipment value and mobility. See Alabama inland marine insurance for more.