What does AOP deductible mean?

What does AOP deductible mean?

All Other PerilThe All Other Peril, or AOP, deductible is usually a flat dollar amount. The AOP deductible applies to covered damages to your property such as lightning, fire, hail, vandalism, and theft to name a few. This deductible applies per occurrence.

Does Florida require homeowners insurance?

Florida law does not require the purchase of homeowners’ insurance, but most people want to insure the largest investment they may ever make – their home.

Why are insurance companies dropping customers?

California’s seemingly endless wildfire season has insurance companies paying out huge claims. In order to manage future risk, they’ve been dropping customers in high risk areas, more than 250,000 policies in 2019 alone. Sep 27, 2021