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Crossroads Insurance Advocates

Insurance, United States, Florida, Miami

Empowering clients with expert insurance advocacy and risk management solutions to navigate the complex world of insurance claims and policies.

About Crossroads Insurance Advocates

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Basics

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Founded
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Total Employees
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Employees on OWCareers
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Main Office
United States of America, Florida state
Official Website
http://www.crossroadsinsuranceadvocates.com
Location Address Official Phone Email
United States of America, Florida state United States, Florida, Miami **** ****
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FAQs – Crossroads Insurance Advocates

Does renters insurance cover flood or earthquake damage?

Standard renters insurance policies do not cover floods or earthquakes. You must purchase separate flood or earthquake insurance to ensure protection against those types of natural disasters. Some insurers offer add-ons for these coverages.


Can I use the replacement cost payout to buy a used item?

While replacement cost coverage typically allows you to buy a new, equivalent item, you may be able to purchase a used item as long as it is similar in quality and value to the original item.


What should a policyholder do if they feel their claim was unfairly denied?

They should request a written explanation, file an appeal, and, if necessary, report the issue to regulatory agencies or an insurance ombudsman.


How does commercial auto insurance differ from personal auto insurance for gig workers?

Personal auto insurance may not cover accidents while driving for a rideshare or delivery service. Gig workers may need commercial auto insurance or a rideshare endorsement to ensure coverage for work-related driving.


How do actuaries help insurance companies maintain solvency?

Actuaries help maintain solvency by calculating the reserves needed to cover future claims. They analyze trends, project future liabilities, and ensure that the insurance company has enough financial resources to pay out claims while remaining profitable.


Can I get pet insurance after my pet is diagnosed with an illness?

Yes, you can still get pet insurance after your pet is diagnosed with an illness, but the diagnosed condition will be considered pre-existing and won’t be covered. The insurance may still cover unrelated future illnesses, making it beneficial for long-term health coverage.


Can UBI detect distracted driving?

Yes, many UBI programs track phone usage while driving. If a driver frequently interacts with their phone, it may negatively impact their score, leading to higher premiums or fewer discounts for safe driving.


What is insurance?

Insurance is a contract where an individual or entity receives financial protection or reimbursement against losses from an insurance company in exchange for premium payments.


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