Frequently Asked Questions
Personal Insurance FAQs
Premiums are influenced by your driving record, age, location, vehicle type, mileage, and coverage limits.
Actual cash value pays the depreciated value of your property; replacement cost pays to replace it with a new item of similar kind and quality.
You should insure your home for the cost to rebuild it—not market value. This includes structure, personal belongings, and liability.
Typically, no. Flood and earthquake insurance usually require separate policies or endorsements.
Possibly. It depends on the claim type, severity, frequency, and insurer policies.
Commercial Insurance FAQs
Most businesses need general liability, commercial property, workers’ compensation, and possibly cyber, commercial auto, and professional liability.
A BOP bundles general liability and commercial property coverage, often at a lower cost.
It covers medical care, lost wages, and liability protection for the employer.
It protects against risks like data breaches, cyberattacks, and privacy failures.
Coverage depends on business size, industry risks, assets, revenue, contracts, and legal requirements.