What is a ‘claims made’ insurance policy?

Coverage on a ‘claims made’ policy is triggered if both a claim is made against a company and reported during the same policy period. The incident must be reported by the insured to the insurer or the claim must first be made against the insured by the third party, during the period of insurance, provided that the event giving rise to the claim occurred on or after the retro-active inception date of the policy.

Our Melbourne Business Insurance Agency is centrally located in Brevard County, enabling us to locally serve Viera, Cocoa Beach and Palm Bay.

Questions And Answers about Florida Insurance