Coverage
What happens if my insurance lapses?
What does a lapse in insurance coverage mean? A coverage lapse is a gap in time when no active insurance policy is in force. This typically happens because...
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Plain-language coverage insurance guides from Olive Cover. Practical coverage information for Georgia and Alabama homeowners, drivers, and business owners.
Coverage
Is builders risk required for Georgia construction projects?
Georgia law does not mandate builders risk insurance on every construction project. The requirement almost always comes from lenders, property owners, and general contractors, not from the state....
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Coverage
What's a bailee's customer policy?
A bailee's customer policy covers property that belongs to your customers while it is in your care, custody, or control. A bailee is any business that temporarily takes...
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Coverage
Do contractors need inland marine insurance if they have general liability?
General liability and inland marine insurance cover two completely different things, and most contractors need both (see what commercial coverage Georgia contractors typically need). General liability responds when...
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Coverage
What does dram shop liability mean in Georgia?
Dram shop liability is a legal doctrine that holds alcohol-serving businesses responsible when an intoxicated patron later injures someone. The name traces back to colonial-era taverns that sold...
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Coverage
How much does liquor liability cost in Georgia?
What does liquor liability insurance cost for Georgia businesses? For most Georgia businesses, liquor liability insurance runs roughly $1,000 to $7,500 a year, though a high-volume bar or...
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Coverage
Is liquor liability insurance required in Georgia?
Georgia does not have a blanket state mandate requiring liquor liability insurance for every alcohol license type. In practice, most businesses that sell or serve alcohol carry it...
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Coverage
What does ordinance or law coverage do?
Ordinance or law coverage pays the extra cost of rebuilding to current building codes after a covered loss. Standard homeowners policies pay to restore what was damaged. They...
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Coverage
What is business interruption insurance?
Business interruption insurance replaces the income a business loses when a covered event forces it to close or scale back operations. It is also called business income coverage....
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Coverage
What is the difference between a business owners policy and standalone commercial property coverage?
What is the difference between a BOP and standalone commercial property coverage? A business owners policy, or BOP, bundles commercial property and general liability into one packaged policy,...
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Coverage
Do I need vacant home insurance during home renovation?
If your home will sit empty during a renovation, your standard homeowners policy may stop covering it after 30 to 60 days of vacancy. A vacant home policy...
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Coverage
What's the difference between vacant and unoccupied home insurance?
The difference between vacant and unoccupied comes down to whether belongings are still present and whether someone plans to return. An unoccupied home is one where no one...
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