Insurance FAQ

No. Standard homeowners policies in Florida do not cover flooding. You'll need a separate flood insurance policy — either through the NFIP or a private carrier. We offer both options and can help you find the best rate.

Your dwelling coverage should be enough to rebuild your home from the ground up at current construction costs — not your home's market value. We help you determine the right amount based on square footage, construction type, and local building costs.

Replacement Cost pays to replace damaged items with new ones of similar quality. Actual Cash Value deducts depreciation, so you get less. We typically recommend Replacement Cost coverage for the best protection.

Wind mitigation inspections (often save 20–40%), bundling with auto, increasing your deductible, installing hurricane shutters or impact windows, and shopping multiple carriers — which is exactly what we do as independent agents.

Currently, Florida requires $10,000 in Personal Injury Protection (PIP) and $10,000 in Property Damage Liability (PDL). However, starting July 1, 2026, Florida is repealing PIP and requiring Bodily Injury Liability coverage of at least $25,000 per person / $50,000 per accident, plus $10,000 PDL. We strongly recommend also adding Uninsured Motorist coverage regardless of the minimums.

Bundle with homeowners insurance, maintain a clean driving record, take advantage of multi-vehicle discounts, increase your deductible, and let us shop multiple carriers. As independent agents, we access rates from dozens of insurers.

It depends on your policy. Many comprehensive and collision coverages extend to rental cars, but it varies by carrier. We can review your policy to make sure you're covered before your next trip.

If you have Uninsured Motorist (UM) coverage, your own policy covers your injuries and damages. Without UM, you'd have to pursue the other driver personally — often a dead end. That's why we recommend UM coverage for every Florida driver.

The NFIP is a federal program with standardized coverage up to $250,000 for the dwelling and $100,000 for contents. Private flood insurance often provides higher limits, broader coverage (like loss of use), and sometimes lower premiums. We quote both and help you choose.

Yes — according to FEMA, more than 25% of all flood insurance claims come from properties outside high-risk flood zones. If it can rain, it can flood. Plus, policies for lower-risk zones are often very affordable — sometimes as low as $400–500/year.

NFIP policies have a standard 30-day waiting period. Some private flood policies can be effective in as little as 10–15 days. Don't wait until storm season — get covered now.

Flood insurance covers damage from rising water, including storm surge. Wind damage from hurricanes is covered by your homeowners or windstorm policy. You typically need both for full hurricane protection.

No. Your landlord's policy covers the building structure, not your personal belongings. If there's a fire, theft, or water damage, your furniture, electronics, and clothing wouldn't be covered without your own renters insurance.

Most renters insurance policies cost between $15–30 per month depending on coverage limits and location. That's less than a streaming subscription to protect everything you own.

We strongly recommend it regardless. For just a few dollars a month, you get protection for all your belongings plus liability coverage. It's one of the best insurance values available.

A $1 million umbrella policy typically costs just $200–400 per year. Additional millions are often $50–100 per million. It's an incredible value for the protection it provides.

Carry enough to protect your total net worth — home equity, savings, investments, and future earnings. Most people find $1–2 million appropriate, but higher-net-worth individuals may want $5M or more.

Your home and auto liability limits are typically $100,000–$500,000. A serious accident or lawsuit can easily exceed those limits. Without umbrella coverage, you'd be personally responsible for the difference.

While Florida doesn't mandate GL for all businesses, many clients, landlords, and contracts require it. It's the foundation of any business insurance program and is essential for protecting your business from lawsuits.

GL does not cover employee injuries (workers' comp), your own property (commercial property), professional mistakes (professional liability/E&O), or auto accidents (commercial auto). Most businesses need multiple coverage types.

Premiums vary by industry, revenue, location, and claims history. Many small businesses pay $500–2,000/year. Contractors and higher-risk businesses may pay more. We shop multiple carriers to find the best rate.

Most small businesses carry $1M per occurrence / $2M aggregate. Your needs depend on industry, contract requirements, and risk level. Many government and commercial contracts require specific minimum limits.

Construction businesses must carry workers' comp with just ONE employee. Non-construction businesses need it with FOUR or more employees. Agricultural businesses need it with six or more regular employees, or twelve or more seasonal workers who work more than 30 days in a calendar year.

Florida can issue an immediate stop-work order, halting all business operations until you comply. The initial penalty is twice the premium you should have paid (minimum $1,000), and violating the stop-work order adds $1,000 per day. You also face personal liability for any employee injuries.

Premiums are based on your industry classification code, total payroll, claims history (experience modifier), and the carrier's rates. Higher-risk industries like construction pay more. We shop multiple carriers for the best rate.

Corporate officers and LLC members who own at least 10% of the company can apply for exemptions from the state. Construction companies can exempt up to 3 officers; non-construction corporations have no officer limit (LLCs can exempt up to 10 members). However, exempted individuals are not covered for workplace injuries.

A BOP bundles general liability and commercial property into one package at a 15–25% discount. It usually includes business interruption coverage too. Buying separate policies gives more customization but costs more.

No. Workers' comp is always a separate policy in Florida. However, we can bundle your BOP with workers' comp from the same carrier for multi-policy discounts.

BOPs are designed for small to mid-size businesses — generally under 100 employees and under $5M in revenue. High-risk industries like roofing and heavy construction typically don't qualify.

Absolutely. 46% of all cyber breaches now target businesses with fewer than 1,000 employees, and the average cost of a cyber incident for a small business exceeds $150,000. If you store customer data, process payments, or use email, you're a target.

No. Standard GL and BOP policies have very limited or no cyber coverage. A dedicated cyber liability policy provides comprehensive protection including ransomware, business interruption, and regulatory defense.

For most small businesses, $500–2,000/year depending on industry, revenue, data volume, and security practices. Remarkably affordable given a single cyber incident can cost hundreds of thousands.

A surety bond is a three-party agreement where the surety company guarantees to a third party that you'll fulfill your obligations. If you fail, the surety pays the claim — then you reimburse the surety.

Premiums are typically 1–5% of the bond amount per year. A $25,000 contractor license bond might cost $250–750/year. Your credit score, experience, and financial strength factor into the rate.

Standard bonds (contractor license, notary) can be issued within 24–48 hours. Larger construction bonds (bid, performance, payment) may take a week or more due to underwriting. We help expedite the process.