We understand that navigating the world of insurance can be complex, and we’re here to help. This section is designed to provide clear and concise answers to the most frequently asked questions about various types of insurance, including life, health, homeowners, auto, and more.

Whether you’re wondering how much life insurance you need, what home insurance covers, or the specifics of flood and windstorm insurance in Florida, you’ll find the information you need right here. We also cover important topics for business owners, such as the necessity and customization of Business Owners Policies and the benefits of general liability insurance.

Each category is tailored to address specific concerns, from understanding the differences between various insurance policies to learning about mandatory requirements in Florida. Our goal is to equip you with the knowledge to make informed decisions and ensure you have the right coverage for your needs.

If you have any additional questions or require further clarification, our team of experienced professionals is always ready to assist. Don’t hesitate to reach out for personalized guidance and support. Explore the sections below to find the answers you’re looking for.


How much life insurance do I need?

The amount of life insurance you need should be enough to cover all of your financial obligations. It is difficult to determine the exact amount due to the particular needs of each person. However, when deciding on life insurance coverage, long-term obligations must be taken into account, such as housing payments, post-retirement healthcare, children's college tuition, etc.

Does home insurance cover damage caused by conditionsadverse weather?

Home insurance typically covers damage caused by wind or weather, unless the policy explicitly excludes this coverage. Home insurance also typically covers damage caused by hail and heavy rain (if a roof or wall is damaged by wind).

What insurance do I need for a leasing car?

Typically, a leased car must have bodily injury liability coverage of $100,000 per person and $300,000 per accident, as well as property damage liability insurance of $50,000. The leasing company will also require physical damage coverage, such as comprehensive and collision coverage for the vehicle.


Is homeowners insurance required in Florida?

Homeowners insurance is not required by law in Florida, but if you have a mortgage, your lender will likely require you to carry homeowners insurance to protect their investment.

How does liability coverage work in homeowners insurance?

Liability coverage in homeowners insurance protects you if someone is injured on your property or if you unintentionally cause damage to someone else's property. It covers legal expenses, medical costs, and potential settlements.

What perils are covered by homeowners insurance?

Homeowners insurance covers a range of perils, which may include fire, theft, vandalism, windstorms, hail, lightning, and more. However, certain perils like floods and earthquakes are usually excluded and require separate coverage.


What is condo insurance?

Condo insurance, or HO6 insurance, is a policy designed to provide coverage for individual unit owners within a condominium building. It typically covers the unit's interior and personal belongings, provides liability protection, and sometimes includes loss assessment coverage related to common area damages.

Is condo insurance mandatory in Florida?

While Florida law doesn't require condo owners to have insurance, most condo associations in the state mandate that owners carry a certain level of coverage. This policy usually protects the owner's interests and ensures the association's master policy isn't solely responsible for damages within individual units.

What does condo insurance typically cover?

Condo insurance typically covers the interior of the unit, personal property (such as furniture, clothing, electronics), liability for bodily injury or property damage, loss of use (additional living expenses if the unit becomes uninhabitable), and assessments for common area damages that exceed the association's policy limits.


Is flood insurance required in Florida?

Florida does not require flood insurance, but if you live in a designated flood zone, your mortgage lender may require you to have flood insurance as a loan condition.

Can I buy flood insurance even if I’m not in a high-risk flood zone?

Yes, you can purchase flood insurance regardless of whether you're in a high-risk flood zone or not. Many flood-related losses occur in areas that are not considered high-risk zones.

Can I purchase flood insurance at any time?

You can purchase flood insurance anytime, but there's usually a 30-day waiting period before the coverage becomes effective. However, exceptions exist, such as when purchasing insurance for a new loan, where the waiting period may be waived.


Is windstorm insurance required in Florida?

Florida does not mandate windstorm insurance, but many homeowners in coastal and high-risk areas must have it as a condition of their mortgage, especially if they're located in designated windstorm-prone regions.

Is windstorm insurance the same as hurricane insurance?

Windstorm is a type of peril or event typically covered by homeowners’ and property insurance policies. Hurricanes are included in windstorm coverage, but typically have their own deductibles.

How is windstorm insurance different from flood insurance?

Windstorm insurance explicitly covers damages caused by wind-related events, while flood insurance covers damages caused by flooding from heavy rainfall, storm surges, and overflowing bodies of water. These are separate coverages and may require separate policies.

Business Owners

Is a Business Owners Policy required in Florida?

The state of Florida does not legally require a Business Owners Policy. However, depending on the nature of your business, clients, or lease agreements, a BOP can be highly recommended to protect your business assets and liabilities.

Can a Business Owners Policy be customized for specific industries?

Yes, BOPs can often be customized with endorsements to tailor coverage to the specific needs of your industry. For example, a restaurant's BOP might include food contamination coverage, while a tech company's policy could include cyber liability coverage.

Can a Business Owners Policy cover business interruption or loss of income?

Yes, many BOPs include Business Interruption coverage, which can help compensate for lost income and ongoing expenses if your business is temporarily unable to operate due to a covered loss.

Commercial Auto

Can I get non-owned auto coverage for employees using personal vehicles for business purposes?

Yes, you can often add non-owned auto coverage to your commercial auto insurance policy, which provides liability coverage if an employee uses their personal vehicle for business purposes.

Is commercial auto insurance required in Florida?

Yes, if you use vehicles for business purposes in Florida, you are required to have commercial auto insurance that meets the state's minimum liability coverage requirements.

What types of vehicles need commercial auto insurance?

Any vehicles used for business purposes, including delivery vans, trucks, company cars, taxis, limousines, and more, should have commercial auto insurance.

General Liability

Is general liability insurance required in Florida?

General liability insurance is not required by law in Florida, but it is highly recommended for businesses. Some industries and contracts may require businesses to have this coverage to operate or secure contracts.

What is an occurrence-based policy vs. a claims-made policy?

An occurrence-based policy covers claims that occur during the policy period, regardless of when the claim is filed. A claims-made policy covers claims made while the policy is in effect, regardless of when the incident occurred. Claims-made policies often require purchasing extended coverage for incidents that happened before the policy started.

How can general liability insurance benefit my business?

General liability insurance can protect your business from financial losses resulting from lawsuits, medical expenses, and property damage claims. It can help cover legal fees, settlement costs, and medical bills.

Workers’ Compensation

Is workers’ compensation insurance required in Florida?

Yes, in Florida, most employers with four or more employees (full-time or part-time) are required to provide workers' compensation insurance coverage. This requirement applies to employers with at least one employee in the construction industry.

Can I be exempt from providing workers’ compensation insurance in Florida?

Some individuals, such as sole proprietors, partners, and certain corporate officers, can elect to be exempt from workers' compensation coverage. However, they must file the appropriate paperwork to do so.

Can workers’ compensation insurance cover mental health issues?

Workers' compensation insurance may cover mental health issues if they can be directly linked to work-related factors, such as extreme stressors or traumatic events that occurred on the job.


What are the main types of life insurance?

The main types of life insurance are: Term Life Insurance: Provides coverage for a specific period (term) and pays out a death benefit if you pass away during that term. Whole Life Insurance: Offers coverage for your entire life and includes a savings or investment component called cash value. Universal Life Insurance: Combines a death benefit with a flexible savings component and offers more investment options than whole life insurance.

How is the premium for life insurance determined?

Life insurance premiums are determined based on factors such as your age, health condition, lifestyle, the type and amount of coverage you choose, and the duration of the policy.

Does life insurance cover all causes of death?

Most life insurance policies cover death from all causes, with some exceptions. Suicide may have a waiting period (typically one or two years) before being covered by the policy.


Is health insurance required in Florida?

While health insurance is not required by law for individuals in Florida, having health insurance is highly recommended to ensure access to medical care and to protect yourself from unexpected healthcare expenses.

What are the main types of health insurance plans?

The main types of health insurance plans include: Health Maintenance Organization (HMO) Preferred Provider Organization (PPO) Exclusive Provider Organization (EPO) Point of Service (POS) High Deductible Health Plan (HDHP) with Health Savings Account (HSA)

Can I get subsidies to help pay for health insurance premiums?

Yes, if you meet certain income and household size requirements, you may be eligible for subsidies through the Health Insurance Marketplace that can help lower your monthly premiums and and out-of-pocket costs.


What is the minimum required auto insurance coverage in Florida?

Florida's minimum required auto insurance coverage is often referred to as "10/20/10" coverage, which means: $10,000 in Personal Injury Protection (PIP) coverage per person $20,000 in PIP coverage per accident $10,000 in Property Damage Liability (PDL) coverage per accident

What does PIP coverage mean?

Personal Injury Protection (PIP) coverage, also known as "no-fault" insurance, provides coverage for medical expenses and certain other costs related to injuries sustained in an auto accident, regardless of who is at fault.

What is Comprehensive and Collision coverage?

Comprehensive coverage protects damages to your vehicle that are not caused by a collision, such as theft, vandalism, natural disasters, and more. Collision coverage pays for damages to your vehicle caused by a collision with another vehicle or object, regardless of who is at fault.


Is boat insurance required in Florida?

The state of Florida does not legally require boat insurance, but some marinas, lenders, and situations (like financing) may require you to have boat insurance. It is highly recommended to protect your investment and cover potential liabilities.

Does boat insurance cover liability on the water?

Yes, boat insurance typically includes liability coverage that can help protect you if you are responsible for causing bodily injury or property damage to others while operating your boat.

What factors can influence boat insurance premiums?

Factors that can influence boat insurance premiums include the type and value of the boat, its age, its horsepower, where it will be used and stored, the boating experience, and the coverage limits you choose.