Home Owners Insurance

Q: Will my home owner's policy covers water damage as a result of a hurricane?
A: No. Hurricane coverage was dropped from the standard home owner's policy. To insure you home against floods you will have to purchase additional flood insurance. Renters Insurance

Q: How much does renters insurance cost?
A: Basic policies start at rates as low as $12 to $20 per month. These policies provide inexpensive basic protection of your personal belongings, and protect you in case of a personal liability lawsuit.

Q: Doesn't my landlord's insurance covers me?
A: Your landlord's insurance generally covers the rented structure but not personal belongings and liability.

Q: Why do I need liability insurance?
A: Liability insurance protects your current and future assets in case you are responsible for injury to another person or damage to another person's property if an incident occurred within your rented unit. Renters insurance may also provide legal defense costs.

Business Insurance

Q: Does my small business need insurance?
A: Yes! Do not put your business at risk by not having insurance or not having the right kind of coverage. Without adequate insurance, a fire or water related damage could destroy your business financially.

Q: Isn't business insurance expensive?
A: No! Many small business owners have no insurance due to a common misconception that small business insurance is too expensive. The truth is that not having insurance can cost a lot more than annual premiums.

Flood Insurance

Q: Will my flood insurance policy cover sewer backup?
A: Only if the backup and the damage are related to flooding and the general conditions of flooding are met in the area.

Q: Doesn't federal disaster assistance pay for flood damage?
A: Federal disaster assistance is only available if the President declares a disaster. Even when a disaster is declared, federal assistance is provided as a loan that you must pay back with interest. Flood insurance, will cover damages even if a disaster is not declared.

Q: What is covered by a flood insurance policy?
A: Direct physical losses caused by floods are covered. Losses resulting from flood- related erosion are also covered if caused by abnormally high waves or currents of water activity, severe storm, flash flood or abnormal tidal surge. Your basement structure, essential equipment and other basic items normally located in a basement are covered; however personal belongings stored in a basement, such as furniture, are not covered.

Q: Who is eligible for flood insurance?
A: Homes, condos, apartments, renters and business structures are eligible.

Q: Does my NFIP Policy cover mold or mildew?
A: Damage from mold or mildew arising from the after effects of a covered flood is covered. However, each case is evaluated on an individual basis. Mold or mildew conditions that existed prior to the flood event are not covered. After a flood, the policy holder is responsible for taking reasonable and appropriate mitigation actions to reduce or eliminate mold or mildew.