What is Prepaid legal coverage and how do I apply for it?
This coverage is designed to pay the costs of defending legal suits that are not covered under the Tort Liability Insurance Policy. Examples of such suits include: Breach of Contract Suits Suits seeking injunctive relief Suits seeking return of property An automatic $15,000 coverage is added to your Tort Liability Policy at no additional charge. Additional amounts of coverage are avaliable up to $985,000 at an additional charge of 10% of the coverage amount chosen. Return to FAQ List What should my agency do in preparation for and immediately following a severe storm or hurricane? Keep in mind that the Insurance Reserve Fund (IRF) will suspend writing all new business or increases in coverage whenever a hurricane watch or warning has been declared for any part of South Carolina. Following is a list of suggestions that could be of value to you during these types of weather conditions. 1. Please review your coverage and make any needed adjustments minimally once each renewal cycle. 2. If
