Plain-language coverage insurance guides from Olive Cover. Practical coverage information for Georgia and Alabama homeowners, drivers, and business owners.
NFIP and private flood insurance both pay for direct physical damage from flooding, but they differ in who backs the policy, how much coverage is available, how fast…
Read article →Most flood insurance policies carry a waiting period before coverage activates. For a policy through the National Flood Insurance Program (NFIP), the federally backed program that issues the…
Read article →Is flood insurance required in FEMA Zone X? No. The federal mandatory purchase requirement for flood insurance applies to buildings with a federally backed mortgage located in a…
Read article →How do general liability limits work for a small business? Most small businesses carry general liability limits of at least $1 million per occurrence and $2 million aggregate.…
Read article →What is an experience modification factor for workers compensation? An experience modification factor, commonly called an experience mod or e-mod, is a multiplier applied to your workers compensation…
Read article →After a covered total loss on a collector auto policy, the payout is the agreed value figure set when the policy was written, minus the deductible - there…
Read article →Collector auto policies are built around a trade-off: the insurer accepts that the vehicle will be kept in secure, enclosed storage rather than parked outside like a daily…
Read article →What is condo loss assessment coverage? Loss assessment coverage pays your personal share when your condo or homeowners association bills all unit owners for a covered loss that…
Read article →A business owners policy (BOP) caps eligibility on specific numbers, not just business type: annual revenue, square footage, and number of employees. Most insurers cap BOP eligibility under…
Read article →Most collector auto policies cap annual driving distance, with common tiers at 2,500, 5,000, or 7,500 miles per year. Some carriers now offer flexible or unlimited-mileage options at…
Read article →Does homeowners liability cover an injury caused by my horse? Rarely, and the protection that does exist disappears quickly. A standard homeowners policy's liability coverage may respond if…
Read article →A home inventory is a room-by-room record of what you own, including photos or video, descriptions, and estimated values. It documents your belongings before a loss so that,…
Read article →Most people who think they do don't. We can check your current policy and tell you exactly what's covered.
