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.

What does equipment breakdown insurance cover in Georgia?

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Quick answer: It covers sudden internal failures of mechanical, electrical, and pressure equipment, such as a boiler rupture, HVAC compressor failure, electrical arc, or motor burnout. It also pays for lost business income during repairs and spoiled refrigerated inventory after a covered breakdown.

Equipment breakdown insurance covers sudden internal failures of mechanical, electrical, and pressure equipment, such as a boiler rupture, an HVAC compressor failure, an electrical arc, or a motor burnout. It also pays for lost business income during repairs and spoiled refrigerated inventory after a covered breakdown.

The word "sudden" matters here. This coverage responds to an unexpected, unplanned failure, not to gradual wear, rust, or a piece of equipment that simply reaches the end of its service life. A compressor that seizes overnight from an electrical short is a sudden breakdown. A compressor that slowly loses efficiency over three years of normal use is not.

Three categories of equipment are typically involved. Mechanical equipment includes motors, compressors, and pumps. Electrical equipment includes panels, wiring, and control systems, where an arc (an electrical discharge that can generate extreme heat) can damage nearby components. Pressure equipment includes boilers and pressure vessels, where a rupture can damage both the unit itself and surrounding property.

Example: an electrical arc inside a restaurant's main panel damages the panel and knocks out the walk-in cooler for two days while a replacement part is sourced. Equipment breakdown coverage can pay for the panel repair, and a related piece, business income coverage (which replaces lost revenue while a covered loss disrupts operations), can offset the income lost during the shutdown. Spoiled inventory in the cooler during that outage is addressed under does equipment breakdown insurance cover spoiled food after a cooler fails.

This coverage is not required by Georgia law; see is equipment breakdown insurance required for businesses in Georgia for how it compares to Georgia's actual mandatory coverages. Pricing depends heavily on the type and value of equipment involved, detailed in how much equipment breakdown insurance costs in Georgia. A broader look at scope and exclusions is available at Georgia equipment breakdown insurance and equipment breakdown insurance. A coverage review can identify which pieces of equipment on a specific property would fall under this coverage.