Personal Insurance solutions from ALC Risk Solutions includes homeowners insurance, car, boat, umbrella, jewelry, life, health, disability and long term care 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 you are involved in. Personal property and casualty insurance, or P&C Insurance, typically means your homeowners insurance, or the equivalent, like condominium insurance, or renter’s insurance; personal property and casualty insurance also refers to your automobile insurance either car insurance, or motorcycle insurance. Personal P&C Insurance also includes your umbrella or excess liability insurance, this covers your liability. Liability occurs when you or your family members are found to be negligent in the causal of personal injury or property damage. Personal Umbrella Insurance or Personal Excess Liability Insurance would cover you in these instances when your underlying policy limits do not suffice.
Personal property and casualty insurance covers many other personal assets and the liability associated with those assets including, but not limited to, Boats, Yachts, Personal Watercraft, Recreational Vehicles and air planes.
Individuals and families with high net worth tend to have more assets which expose them to more risks. There are specials insurance programs through the homeowner’s insurance company, which helps protect affluent individuals for their various risks. These risks include personal article floaters. Personal article floaters are insurance policies written as something called, “inland marine insurance” and generally are used to cover valuable items like jewelry, art, silverware, collectibles, memorabilia, watches, photography equipment, wine collections, crystal, statues, sports equipment, gun collections, and other valuable items. This covers property at a specific location or while it is not at that location. Coverage can be on a blanket basis which means that there is a policy limit and a per item limit, or it can be scheduled. “Scheduled”, means that the property 
being insured is specifically named and insured to a specific, usually appraised, limit. High net worth individuals sometimes have employees working at the home, maybe even living in the home. Florida law requires that workers compensation insurance be purchased by any employer, employing 4 or more full or part-time employees, and this requirement applies to homeowners with employees as well.
Personal insurance also includes other types of insurance which are not property and casualty insurance. Non-property and casualty, personal insurance includes life insurance, disability insurance, long term care insurance and health insurance. At ALC Risk Solutions we believe that every risk is unique as every person and we will customize your insurance programs to fit your needs. ALC Risk Solutions provides you with all of your personal insurance needs and works with great advisors in the financial industry to help you with other solutions as well.