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.

Is a nonprofit legally required to carry insurance in Alabama?

All FAQs

Quick answer: No general liability or D&O mandate exists for the nonprofit itself. Alabama requires a $10,000 bond only from professional fundraisers soliciting on a charity's behalf past $25,000 in contributions (Code of Alabama Sec. 13A-9-71). Workers' comp is mandatory at five or more employees.

Is a nonprofit legally required to carry insurance in Alabama?

No general liability or D&O mandate exists under Alabama law for the nonprofit itself.

Is there any insurance-adjacent requirement at all?

Alabama does require a $10,000 bond, but only from third-party professional fundraisers and commercial co-venturers soliciting on a charity's behalf once the organization passes $25,000 in gross contributions (Code of Alabama Section 13A-9-71). That bond is the fundraiser's obligation, not the nonprofit's own insurance.

What other coverage becomes mandatory as a nonprofit grows?

Workers' compensation becomes mandatory once an Alabama nonprofit regularly employs five or more people (Code of Alabama Section 25-5-50), the same threshold that applies to any Alabama business.

What should a nonprofit board check?

Even without a state mandate, most nonprofits carry general liability and D&O to protect the organization and its volunteers. A coverage review can confirm the right coverage for a specific nonprofit's size and activities. See Alabama nonprofit insurance for more.