Other Insurance

Condo Insurance

Condo insurance is unique, in that, it’s your responsibility to insure everything in your condo, whereas the condo association, to whom you pay your dues to, is responsible for insuring the structure of the building. It covers liability and personal property. Some policies may cover any alterations and improvements you make to your condo as required by the condo association. Here’s a guide on the coverage options and the Louisiana state requirements for condo insurance to help you make an informed decision.

State Requirements

In Louisiana, it’s legal to not have condo insurance. Even so, it helps to protect you against unforeseen circumstances. On the other hand, condo associations are required by law to have comprehensive liability insurance, flood insurance (if the area is a flood hazard), earthquake insurance (if the area is an earthquake hazard), and a fidelity bond. Rabalais Insurance Group, LLC offers various condo insurance options that can benefit your interests.

Coverage Options

• Liability coverage: Covers bodily injury to another person or damage to someone’s property in your condo, if you are responsible for the accident
• Contents/property coverage: This covers personal belongings in your condo. In case an accident damages your belongings in your condo, this coverage will repair or replace them. It also includes any upgrades to your condo. Therefore, make sure you have sufficient coverage to replace or repair everything in your condo if you suffer a total loss.
• Loss of use coverage: If a disaster such as floods, earthquake, fire or strong winds strike leaving your condo uninhabitable, this coverage will cover the expenses you will incur to get temporary accommodations. However, this is only possible if the disaster is insured by the condo association.
• At Rabalais Insurance Group, LLC, we strive to protect you from unforeseen circumstances. Contact us today if you have any insurance questions or if you want an affordable condo insurance policy with adequate coverage.

BOAT/WATERCRAFT INSURANCE

Louisiana has many miles of coastline, lakes, rivers, and streams. The opportunities for water recreation and aquatic fun abound in this beautiful gulf state. Fishing, boating, skiing, and sailing are all favorite pastimes in the sportsman's paradise. Buying a boat in the state is an investment, but it certainly is fun and highly recommended!

Louisiana Boating Requirements

If you are fortunate enough to purchase a boat for fishing or sailing, please be sure to follow the maritime laws. You must be at least 16 years of age to operate a motorboat or Personal Water Craft (PWC). All passengers must wear a personal flotation device. A boating education class is required by the Louisiana Boating Regulations if born after January 1, 1984, and your boat has an engine with more than ten horsepower.

What Boat Insurance Can Do

Liability and property insurance on your vessel are not required. But insurance is usually the best option to protect lives, property, and health. In many ways, boating insurance is like that for any vehicle. The boat owner can purchase collision insurance to protect the boat itself, liability insurance in case of damage to someone else's property or boat, and medical insurance in case of injuries to others.

Boating Protection

If proper safety rules are followed, the chances of injury or damage are low. But unless you have vast amounts of liquid assets, insurance is undoubtedly the best way to protect property and individuals. Life can be hard and uncertain, even in modern times. Since the early 1600s, the modern insurance industry has helped individuals to protect themselves and their property from the financially unexpected. We can't always shield ourselves from the disasters of life and nature, but we can help ease the financial burdens.

Rabalais Insurance Group, LLC can help protect your boating and aquatic activities. Contact Rabalais Insurance Group, LLC for more information and learn how to get a quote. Enjoy your time on the water with peace of mind!

Event Insurance

We have partnered with Kaliff Insurance, who is celebrating one hundred years of "insuring the serious side of fun".

If you have an event, parade, festival, or party and would like to have peace of mind knowing you are covered from start to finish, give us a call!

Give us a description of what you're hosting and we will look into what is offered in coverage!