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J. Archer Insurance Group/Archer Commercial Insurance Group

Insurance, USA, Florida, Orlando

J. Archer Insurance Group offers comprehensive insurance solutions for businesses and individuals, backed by expert risk management services and personalized customer care.

About J. Archer Insurance Group/Archer Commercial Insurance Group

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
United States of America, Florida state
Official Website
http://www.archerinsgroup.com
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FAQs – J. Archer Insurance Group/Archer Commercial Insurance Group

How is treaty reinsurance priced?

Pricing depends on factors such as historical loss experience, risk exposure, market conditions, and catastrophe modeling. Proportional treaties use a fixed premium share, while non-proportional treaties rely on expected loss levels and volatility.


What is homeowners insurance liability coverage?

Homeowners insurance liability coverage protects the policyholder if someone is injured or their property is damaged while on the homeowner’s property. It covers legal fees, medical expenses, and damages.


What does third-party insurance cover?

It covers bodily injury, property damage, and legal liabilities for accidents where the policyholder is at fault.


What is the difference between an admitted and non-admitted insurer?

An admitted insurer is licensed and regulated by the state, adhering to state-mandated policy forms and pricing. A non-admitted insurer (E&S carrier) is not licensed in the state but is legally allowed to provide coverage for risks that standard insurers reject.


Can Usage-Based Insurance help me if I drive infrequently?

Yes, if you drive infrequently, UBI can be an excellent option as you may qualify for discounts based on your low mileage and potentially safer driving habits.


What is the difference between indemnity and liability insurance?

Indemnity insurance covers financial compensation for losses incurred by the insured, ensuring reimbursement for damages. Liability insurance, on the other hand, protects the insured against claims made by third parties, covering legal fees and settlements when the insured is held responsible for damages to others.


How do I know if my travel insurance has enough evacuation coverage?

Review the policy’s coverage limits, exclusions, and emergency assistance services. If traveling to remote areas or countries with limited medical care, opt for higher evacuation coverage.


What is the difference between a standard and substandard risk in underwriting?

A standard risk is a person who is considered to have an average risk profile, while a substandard risk is someone with higher-than-average risk, which typically leads to higher premiums or exclusions in their policy.


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