Personal Insurance
What is Personal Insurance All insurance is pretty personal. They ask you your name, address, contact information, social security, date of birth and much more, but when we talk about personal insurance, we mean as opposed to commercial insurance. Personal insurance includes all of the insurance you purchase for you and your family individually, not through your company, or organizations...
Read MorePersonal Risk Management and Planning
What is personal risk planning? Why Do I need a risk plan? Most people either have done financial planning, or have at least heard of it. And it is common knowledge that large multinational corporations do risk management which consists of analyzing their current risks, and creating a business continuity plan. At ALC Risk Solutions our goal is to make everyone aware risk management and risk...
Read MoreHomeowners Insurance
What does Homeowners Insurance cover? Homeowners insurance is a very important policy for individuals and families who own their own home. Typical homeowners insurance is for single family homes. Homeowners insurance can be written three different ways to cover for perils, which are actions that cause claims. These three ways are basic, broad and special forms of coverage. Basic and Broad forms...
Read MoreFlorida Condo Reform Bill
Florida Condo Insurance Reform On June 1st, 2009, Charlie Crist vetoed house Florida House Bill 714, The Condo Reform Bill. The bill is largely criticized for the financial burden it places on associations during a time of great economic strife in requiring that Condo Associations retrofit their buildings with fire sprinklers by 2014. But, this article is to explain a little more about what...
Read MoreFlood Insurance
Florida Flood Insurance When asked about Flood Insurance, a lot of Floridians might say, “I’m not in a Flood Zone.” They’re all wrong. When people say they are not in a Flood Zone, they usually mean that they are not in a Flood Zone which their mortgage company requires them to purchase Flood Insurance. But all of Florida is a Flood Zone. If you are in a especially hazardous flood zone,...
Read MoreHurricane Insurance
Hurricane and Windstorm Insurance and Risk Management in South Florida Living in Florida, hurricanes and insurance are two topics that are on the news on a daily basis. Hurricanes and insurance go hand-in-hand. Hurricanes and windstorm related damage accounts for a large amount of the claims expenses which the insurance industry pays out on their policies, and hurricanes are the main concern for...
Read MoreNationwide Auto Insurance
http://soflainsurance.com/wp-content/uploads/2010/03/crash.bmpCar Insurance from Nationwide Insurance in Florida Why purchase auto insurance from Nationwide Insurance? Your vehicle is usually one of your largest investments second to a home or property and if you want to finance a new vehicle most auto loan holders will require you to have it. Auto accidents happen – even to the best drivers. There are so many uninsured or underinsured drivers on the...
Read MoreNationwide Personal Umbrella Insurance
Why purchase umbrella/excess liability insurance from Nationwide Insurance Company? Nationwide Umbrella insurance can provide individuals and families with an extra layer of protection when the limits of insurance on an underlying policy are exceeded. For example, a homeowner has a claim settlement for $2,000,000, and the limit of their personal liability on their homeowner’s policy is...
Read MorePersonal Umbrella and Personal Excess Liability Insurance
http://soflainsurance.com/wp-content/uploads/2010/03/photo_12310_20100210.jpgWhy purchase umbrella/excess liability insurance? Image: Salvatore Vuono / FreeDigitalPhotos.net Umbrella/excess liability insurance can provide individuals and families with an extra layer of protection when the limits of insurance on an underlying policy are exceeded. For example, a homeowner has a claim settlement for $2,000,000, and the limit of their personal liability on their...
Read MoreCar Insurance in Florida
Why do you need the right Auto Insurance? Your vehicle is usually one of your largest investments second to a home or property and if you want to finance a new vehicle most auto loan holders will require you to have it. Auto accidents happen – even to the best drivers. There are so many uninsured or underinsured drivers on the road in South Florida. What would you do if you have an accident...
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