Frequently Asked Questions (FAQs) When it comes to insurance, you probably have a lot of questions. The good news is that the experts at Fallgatter Rhodes have all the answers. Here are a few of the most common things we are asked. And if you don’t find what you’re looking for here, please get in touch. We’d be happy to answer any questions you might have when it comes to personal, commercial or life insurance. Does my Earthquake Insurance cover my losses from a flood or fire following an earthquake?Your Earthquake Insurance may not cover you in the event of a flood or fire following an earthquake. Check with your insurance professional to find out if it does, and to add coverage for each event.Does my Errors and Omissions Insurance cover legal fees in the case of a wrongful suit?Yes. E&O coverage will pay an attorney to defend the policy holder, even if the client’s suit is wrongfully brought.Do I need flood insurance even if I’m not on a flood plain?Flood Insurance should be considered by all homeowners in the case of water main breakage, or other causes of flood besides heavy rains. Your broker can help you assess these other risks.Do I need flood insurance even if I’m not on a flood plain?Flood Insurance should be considered by all homeowners in the case of water main breakage, or other causes of flood besides heavy rains. Your broker can help you assess these other risks.Are Worker’s Compensation Insurance Premiums fixed in California?No, you can save money by shopping around for a better premium. You also may benefit from having an audit done on your job ratings as sometimes you may have a job incorrectly rated for workers compensation which could also lower your premium.