How can policy changes be made?
Most
changes to policies should be made via fax or e-mail. Some change
can be made over the phone, such as mailing address and phone
numbers.
How long does it take to get a quote?
It can
take anywhere from 15 minutes up to 3 weeks to get a quote,
depending on the risk. For example, business owner policies
typically get quoted within one hour, but Worker’s Compensation
quotes through the state fund typically take 2 to 3 weeks to
quote.
Does Lark Insurance have a program for every type of risk?
If we
cannot help you with a specific type of insurance, we will try our
best to find you someone who can.
What is premium financing?
In most
cases insurance companies require their premiums to be paid in
full. If the full payment cannot be made, then the premium gets
financed.
What is a “surplus lines” insurance?
Some
companies are not licensed to sell their insurance products in
California. Therefore, they are refereed to as “surplus lines”
companies. Often times it is necessary to use “surplus lines”
companies because California companies do not have a market for
that particular risk. For example, a building contractor may not
qualify for a program offered by an admitted company. The
alternative would be to use a “surplus lines” company.
What is an additional insured?
If an
entity has insurable interest in your property or your service
then they will be listed as an additional insured on your policy.
For example, your mortgage company has an insurable interest in
your home. It will be listed as an additional insured on your
policy in order to be covered in the event of a claim.
What is a declaration page?
This is a
section of the insurance policy that shows who is insured, what
risks are covered, when and where the coverage is affective and
how much coverage applies.
Does
every insurance policy have a deductible?
There is
almost always a policy deductible. Generally, the deductible is
for $1,000. There are policies that do not have a deductible, such
as most Worker’s Compensation policies.
Who
needs flood insurance?
Does
who live in a flood zone should definitely consider purchasing a
flood insurance policy. To find out whether or not you live in a
flood zone you may contact FEMA at (800) 358-9616.
How do I order a Certificate of
Insurance?
You
can call our office, fax or e-mail your request. It typically
takes about one hour for us to fax or e-mail you back the
certificate.
Does
Lark Financial and Insurance accept credit card payments?
Yes,
we accept Visa, Mastercard and American Express.
Can
my policy be cancelled if I own a dog?
Most insurance companies, do not insure homes where they find a
ferocious dog on
premises. This includes Rotweilers, Boxers and Pitbulls. Ferocious
dogs have a
history of attacking humans. This is potentially a high risk for
insurance companies.
Therefore, they may choose to cancel the policy unless the dog is
removed from
premises. |
