Insurance Basics
The amount of money that the insured must pay before the insurance policy will pay for covered expenses.
What is the Deductible?
The average life of a water heater.
What is 8-10 years?
Sally slipped getting out of the pool and broke her leg.
What is General Liability insurance?
June 1 - November 30.
What is hurricane season?
Coverage on the HO-6 policy to help owners pay for special assessments due to insurable events.
What is Loss Assessment Coverage?
The most common time for a water leak to occur.
What is between 5pm - 8am?
15 ft waves from Hurricane Ian flooded the whole ground floor at Beach Front Condo.
What is Flood Insurance?
Endangered mammal known as a sea cow.
What is a Manatee?
Two items that are not covered by Loss Assessment in an owner's H06 policy.
What is flood damage and landscaping?
The best way to prevent a water leak when leaving your home for the season.
What is Shut Off Main Water Valve?
Mr. Board Member just fell of the ladder while hanging Christmas lights in the lobby.
What is the Workers' Compensation policy?
Florida's Southernmost point.
What is Key West?
This is where clients can see all of the carriers RTI approached for quotes.
What is the Marketing Results?
Easy way to prevent A/C leaks.
What is Preventative Maintenance?
Mrs. Owner is threatening to sue the Board of Directors for not approving her renter because they didn't like his blue hair.
What is D&O insurance?
What is F.S. 718?
Maximum per unit coverage on FEMA flood policy.
What is $250,000?
A pipe breaks in the wall and damages the carpet in the unit. The ____ is responsible to replace the carpet.
Who is the Effected Owner?
Mr. Smith's water heater sprung a leak and water is leaking into all of the units below!
What is Property Insurance?
Fort Myers Beach was originally named _____.