Operating a restaurant in West Palm Beach, FL, has unique risks and responsibilities, especially concerning liabilities. Understanding the different types of commercial insurance liability coverages is crucial for restaurant owners to protect their businesses from legal and financial issues. Here are some your restaurant may need.
General Liability Insurance
This is the cornerstone of a restaurant’s liability protection. It usually covers common risks, including customer injuries on your premises (like slips and falls) and property damage caused by your operations. This is a coverage that almost every restaurant should have.
Product Liability Insurance
Given that restaurants deal directly with food products, product liability insurance can be needed. It usually protects against illnesses or injuries caused by the food served, covering legal fees and settlements resulting from foodborne illness claims or similar issues.
Commercial Umbrella Insurance
Umbrella insurance is an extra layer of protection over your existing liability policies. In cases where a claim exceeds the limits of your other liability coverages, a commercial umbrella policy can provide additional financial security.
Hired and Non-Owned Auto Insurance
For restaurants offering delivery services in West Palm Beach, FL, hired and non-owned auto insurance offers specialized auto coverage. It usually protects against liabilities arising from accidents in vehicles not owned by your business (like employees’ personal vehicles). The latter is important when making deliveries. We at Atlantis Insurance Inc. can help find this type of specialized protection.
Tailoring Insurance to Your Restaurant’s Needs
Each restaurant has unique needs based on its size, location, and services offered. It’s important to use these factors to determine appropriate coverage levels and additional protections that may be necessary.
For help understanding what liability insurance coverages are important for your restaurant, contact us at Atlantis Insurance Inc.
Florida is a real potential concern if you live in the Sunshine State. Unfortunately, your West Palm Beach, FL homeowners policy probably does not cover flooding. That does not necessarily mean you can’t get the protection you need. At Atlantis Insurance Inc., we can help give you the information you need to make the best choice for you and your family.
Is It Important Whether You Are In a High-Risk Zone?
There are some areas of Florida which are much higher risk than others. If you live in a high-risk area and have a federally regulated or insured mortgage, you will be required to purchase flood insurance.
If you do not live in a high-risk area, you are still vulnerable to flooding if you live in Florida. People at moderate risk make up a significant number of filed claims, and even those in a lower-risk area may still experience flooding from hurricanes.
Don’t Wait To Get Flood Protection
If you wait until too late to purchase flood insurance, your policy will not cover your current damages. There is normally a 30-day waiting period before your policy officially takes effect. There are some exceptions, but you cannot wait until you actually experience flooding to purchase flood insurance.
If you don’t have flood insurance, a flood could mean disaster for you and your family. Any damages caused by flooding will be your responsibility, even if your entire home is destroyed.
Schedule A Consultation Today
Luckily, flood insurance is surprisingly affordable. Your premium cost will depend on several risk factors, such as the age of your home and your location. If you have any questions about your current level of protection for your West Palm Beach, FL home, please call Atlantis Insurance Inc. today.
Condo owners can protect their belongings just like homeowners can. Condo owners own the interior of their condo but not the exterior. They are responsible for the interior portion of their homes/condos. Our team at Atlantis Insurance Inc. is committed to helping West Palm Beach, FL condo owners get the coverage they need.
What is Condo Insurance?
Condo insurance is much like homeowners’ insurance. It is designed to provide coverage for personal liability, losses, repairs, and protection from fire, theft, vandalism, and water damage for your condo unit. Condo insurance also covers your personal belongings, liability claims against you, and other expenses.
The condo association is responsible for the maintenance and coverage of the exterior of your condo unit. You pay a condo fee to cover the upkeep and repair of the exterior areas of the condo. The condo fee provides coverage for any exterior issues, damage, or improvements for all the areas "outside" of your condo unit. In essence, a condo fee is almost like an insurance fee for the upkeep of the exterior areas of your condo.
Will condo insurance pay for the repair or replacement of the burst pipes in my kitchen?
Yes. Condo insurance provides protection from water damage from your water heater, plumbing, HVAC system, and appliances. However, the damage must be accidental and not the result of normal wear and tear. The exact provisions and eligibility of your condo insurance thoroughly outline the guidelines of your policy. Anything that isn’t covered will be explicitly outlined. Anything that isn’t clearly outlined in your policy can be directed to your insurance agent.
Consult With Us
If you have questions about condo insurance, call us at Atlantis Insurance Inc. in West Palm Beach, FL. We’d be happy to help you explore all of your options and get the coverage that’s best for you.
Ready to start your own trucking business? This step-by-step guide walks you through the tasks involved from idea to launch. Atlantis Insurance Inc. in West Palm Beach, FL is here to help.
Starting Your Own Trucking Business
- Draft your business plan. You can find free business plan templates by searching online and then working through each section thoughtfully. As you draft your business plan, you’ll have the opportunity to create a mission statement, forecast your first-year financials, and set goals for your first few years in business.
- Seek funding. You’ll need a business plan finalized before you can seek funding, and your business plan will help you better understand start-up costs and how much funding you might need. Now that it’s done, you can begin to secure funding.
- Choose and register your business name. Select a business name that reflects your mission.
- Choose a business structure. Meet with a CPA, Tax Accountant, or Business Attorney to select the best structure for your business – limited liability company (LLC), sole proprietorship, corporation, etc.
- Register your business. Once you have a business name and structure established, you can register your business. The registrations required for you will depend on local law, but generally speaking, you’ll check with your County Tax Collector, register with the Florida Department of Revenue, and register with the IRS.
- Secure insurance. Before you begin doing business, it’s critical to secure insurance that will adequately protect you in case of loss. At a bare minimum, trucking companies need commercial auto insurance and commercial general liability insurance. Schedule an appointment with your local agent to better understand what you need.
To learn more or get an insurance quote for your new trucking business, stop by Atlantis Insurance Inc. in West Palm Beach, FL today.
At Atlantis Insurance Inc., providing residents in the greater West Palm Beach, FL area with auto insurance, one of the questions that we are frequently asked is whether a car insurance company can increase rates for an accident that you were involved in but were not at fault for.
Can My Auto Insurance Rate Increase For An Accident That Was Not My Fault?
Your insurance company will base your premiums on many factors. As such, they may decide to increase your rate, even if an accident was not your fault based on:
Previous Claims or Driving History
While the specific accident may not be your fault, if you have a history of filing multiple claims or have a poor driving record, including traffic violations or previous accidents, your insurance rate could be affected. Insurance companies consider your overall risk profile when determining premiums, so a history of accidents or claims could still result in rate adjustments.
In some states with no-fault insurance systems, each driver’s insurance company is responsible for covering their own policyholder’s damages, regardless of fault. In these cases, your insurance rate might increase due to the overall claim costs and expenses associated with the accident, even if you were not at fault.
Your insurance policy may contain specific conditions or clauses that allow for rate adjustments, regardless of fault. It’s essential to review your policy to understand the terms and conditions related to rate adjustments and accident forgiveness.
We Can Help!
If you are looking for a new auto insurance policy, the team at Atlantis Insurance Inc., serving West Palm Beach, FL. can help. Give us a call today to learn more.
West Palm Beach, Fl residents may be eligible for savings on their insurance policy when they take a boater safety course. Your Atlantis Insurance Inc. representative can go into greater detail on what options may be available to you.
Benefits of a Boater Safety Course
Florida law requires that persons born after 1988 must obtain boater safety certification to operate a vessel that travels at ten or more horsepower unless for use on a lake or pond held for private use.
In the state of Florida, it has been found that 85% of accidents involving fatalities occur with operators who have not completed a boater safety course. Simply put, this training saves lives.
Weather conditions can sometimes change on a dime, and the proper instruction can help you navigate dangerous situations. Whether you encounter high winds, strong waves, heavy rain, or hail, it is vital to understand your role in managing your watercraft safely. Visibility can also be severely limited when storms come in, and it’s essential to be able to read the signs before embarking.
You will also learn vital information regarding engine maintenance and the proper care of your boat. You are held responsible under the law for the wake your vessel creates, as this can harm other boats or even injure people who are nearby on land.
In addition, you must adhere to the rules of etiquette for interacting with other boat traffic, and this is made easier when all are informed of the rules of protocol.
Atlantic Insurance Inc. Can Help
We pride ourselves on offering excellent insurance packages to meet our clients’ needs, and we serve those residing in the West Palm Beach, Fl area. Reach out to us today online, by phone, or stop into the office for a consultation.
Preparing your business for a storm here in the West Palm Beach, FL area can seem like an overwhelming task, but it doesn’t have to be! With the right planning and preparation, you can be prepared for anything Mother Nature throws at you.
Here are some tips from us at Atlantis Insurance Inc. to help you prepare your business for a storm:
1. Assemble an emergency kit
Make sure you have all the necessary items in place such as flashlights, batteries, first aid kit, bottled water, food, and other supplies to sustain yourself and your employees in case of an emergency. It’s important to keep these items updated and replenished as needed.
2. Have an evacuation plan
In case of severe weather conditions or power loss, it’s important to make sure everyone knows where they should go and what their duties are in case of evacuation. Make sure all staff members are familiar with the plan ahead of time so they know how to act if necessary.
3. Secure your property
If possible make sure loose items such as outdoor furniture or decorations are secured or stored away safely before a storm arrives to prevent damage or injury from flying debris.
4. Keep communication open
Make sure you have multiple ways to communicate with employees in case of an emergency situation such as text messaging, emails, phone calls or social media updates.
5. Monitor weather forecasts
Stay up-to-date on current weather conditions and forecasts so that you can anticipate possible adverse effects from storms and take proper action if needed.
Reach Out To Us
For more tips, give us at Atlantis Insurance Inc. a call today. We are proud to serve the West Palm Beach, FL area.
Many homeowners in Florida are required to have flood insurance, while many others can benefit from coverage. At Atlantis Insurance Inc. in West Palm Beach, FL, we offer flood insurance policies and can provide you with many options.
What is Flood Insurance?
Flood insurance protects your home in the event of a flood. Flooding is not covered under a standard homeowner’s policy. Some flood policies cover only the structure of the home, while others also cover the contents of the home.
Do I Need Flood Insurance?
If your home is in a special flood zone, your mortgage lender will require you to have flood insurance. These zones are determined by FEMA. However, it’s important to note that 30% of flood damage occurs in low to moderate-risk areas, so flood insurance is a good idea, even if it isn’t required in your area.
How Do I Know if I’m in A Special Flood Zone?
You can check FEMA’s Flood Map Service Center. You can also contact Floodsmart to learn if your address is in a flood plain.
What is the Coverage Requirement for Flood Insurance?
If flood insurance is required for you, you must meet the minimum coverage requirements. This can be 100% of your home’s replacement value or the total of your loans and credit lines that use your home as collateral.
The maximum coverage limit for residential properties under the National Flood Insurance Policy is $250,000. This is the most you can be required to have.
When Should I Update My Policy?
You should update your policy if there’s a significant change to your home’s structure or value. This may include an addition to your home or remodeling.
Reach Out To Us
If you need flood insurance in the greater West Palm Beach, FL region, contact Atlantis Insurance Inc.. today. Our agents will discuss your concerns and help you select the best policy for your needs.
Much like a neighborhood with its homeowners’ association, condominium owners will have a condominium association that oversees issues that relate to all of the condo owners and property under its purview. Each unit owner will be responsible for paying dues, and these will contribute to services, such as snow removal in parking lots, but will also go toward financing the master condo policy.
What is a Master Condo Insurance Policy?
The master condo insurance is purchased by the association under its corporate name and not those of the individual unit owners. A cluster of condos will usually have areas that do not belong to any particular person but that are held in common.
People can suffer injury due to slipping and falling in these common spaces, and this insurance will help to cover the costs of medical expenses and lost wages. Your knowledgeable Atlantis Insurance Inc. representative can give you more information as to the specifics that would be included.
There is also the potential for property damage that can occur due to storms or as the result of vandalism or theft. West Palm Beach, FL master condo policies typically extend to the roof and the walls on the exterior of the main building. The walls on either side of each dwelling are typically for each property owner to insure on an individual policy.
Stairways, recreational rooms, parking lots, lawns, elevators, hallways, and any other common areas will be included in a master policy. Understanding the extent of coverage this insurance provides, for example, for the framing, drywall, and appliances, can help you select personal indemnification that meets your needs.
Atlantis Insurance Inc. Is Here To Help!
We provide superior insurance products and services to indemnify our clients against perils in every area of their lives. We work hard for those in the West Palm Beach, FL community, and we invite you to reach out to us today.
As a truck driver, you have plenty of things to worry about while out on the road. But worrying about what would happen if you were in an accident isn’t something you want to add to the list. Our professionals at Atlantis Insurance Inc., serving the greater West Palm Beach, FL region, know how having the right insurance coverage can protect you adequately. Discover what you can stop stressing over just by having the proper coverage.
Operating Your Trucking Business
Trucking insurance is an essential component of operating a trucking business. Your policy protects against financial losses due to accidents, theft, damage to the truck and cargo, and other events that come at you unexpectedly. In addition, the insurance policy covers the truck and the driver, ensuring that they are protected in the event of an accident. The coverage also includes liability insurance, which pays for damages to other vehicles and property in case of an accident caused by the truck driver.
Additionally, trucking insurance often includes uninsured motorist coverage, which protects your company if the other driver involved in an accident does not have insurance. Having the proper trucking insurance will guarantee that you won’t lose everything trying to pay for the losses if something goes wrong.
Give Us A Call
Protect your business, your driver, and your truck in the event of a catastrophe. You’re investing in your future by investing in the proper trucking insurance. Let our experts at Atlantis Insurance Inc. in West Palm Beach, FL guide you through the process of determining what kind of coverage you need. Call our office to have your questions answered or to set up an initial consultation.