Keyman insurance is a type of insurance that protects a business against the financial loss that can result from the death or disability of a key employee. A key employee is someone who has a unique set of skills or knowledge that is essential to the success of the business. If a key employee were … Read more
The Insurance Department, a state regulatory agency, plays a crucial role in safeguarding policyholders and ensuring a fair and stable insurance marketplace. They regulate insurance companies, ensuring that they adhere to state laws and regulations. The department reviews insurance policies, investigates complaints, and examines the financial health of insurance providers. They also oversee rate filings … Read more
Florida law requires condominium associations to maintain an insurance policy, commonly known as a master policy, to cover certain areas of the condominium property. This master policy typically provides coverage for common areas, such as the swimming pool, fitness center, and hallways, as well as for the exterior of individual units. The master policy is … Read more
Golfers may wonder if they need insurance. There are several types of golf insurance available, each with its own set of coverage options. Golfers can choose the type of insurance that best meets their needs. Golfers who play frequently or who participate in tournaments may want to consider getting insurance. Golf insurance can provide coverage … Read more
Insurance coverage for car break-ins depends on the type of insurance policy you have. Comprehensive insurance typically covers theft and damage from break-ins, while collision insurance covers damage from accidents. If you have only liability insurance, it will not cover damage to your car from a break-in. Check with your insurance provider to understand the … Read more
Renter’s insurance can provide valuable protection in various situations for tenants. It covers personal belongings in case of theft, damage, or destruction, such as from fire, storms, or vandalism. It can also provide liability coverage in case someone is injured while visiting your rented property. Additionally, renter’s insurance can help cover additional living expenses if … Read more
A branded title, also known as a salvage title or rebuilt title, is issued to a vehicle when the insurance company considers it a total loss due to damage or theft. While a branded title doesn’t necessarily affect the vehicle’s safety or reliability, it can have an impact on its value and insurance rates. In … Read more
Personal Liability and Property Damage (PLPD) insurance, typically included in auto insurance policies, provides financial protection in specific situations. It covers bodily injuries or property damage caused by the policyholder or their vehicle to a third party. Bodily injury coverage helps pay for medical expenses, lost wages, and pain and suffering if someone is injured … Read more
Anthem and Blue Cross Blue Shield are separate health insurance companies that have been operating independently for years. Anthem covers people in various states across the US, while Blue Cross Blue Shield has local plans in all 50 states. Both offer a range of health insurance plans, from basic coverage to comprehensive plans. While they … Read more
Insurance coverage is crucial for LLCs (Limited Liability Companies) to protect against potential risks and liabilities. General liability insurance is typically a fundamental requirement, providing protection against claims for bodily injury, property damage, and lawsuits. Professional liability insurance safeguards against errors or omissions in services provided. Property insurance covers damage or loss to company property, … Read more