Posted March 20, 2017 at 2:15 pm|
Are You Protected for Everything?
When shopping for car insurance in Florida, do you browse for the lowest premium and quickly settle for the cheapest offer? A low premium is sometimes a cover for dangerously high deductibles or crucial gaps in coverage that will leave you struggling. Instead of risking your well-being and throwing money away on insufficient insurance, be prepared to ask about these common gaps for auto insurance in Florida.
Who Pays for the Rental Car?
Following an accident, your first concern will probably be about how much the repairs may or may not cost you. However, a more pressing issue might be regarding how you are going to get around while your ride is in the shop. Many policies for car insurance in Florida do not necessarily cover transportation costs or rental coverage while you wait on repairs.
Fortunately, adding this protection is usually not expensive and worth the extra premium. Ask details about how much is provided, so you do not get left stranded at the repair shop.
Are You Ready for Flood Season?
Very few insurance policies include flood damage, but Florida residents are at continual risk for exactly that. While it can be difficult to find affordable flooding auto insurance in Florida, you can contact the federal National Flood Insurance Program to sign up for protection. Regardless of how you stay covered, make sure you plan ahead for the next big storm.
Are Your Valuables Safe?
You selected the right car insurance in Florida to cover the expenses for your broken window and damaged radio, but you might be out of luck when it comes to the designer bag you left in the back seat. Personal items like jewelry, watches, clothes, laptops, tablets, phones and cash that people often leave lying in cars may not always be protected in your insurance claim.
Will You Get A Replacement?
The most commonly overlooked gap for auto insurance in Florida involves reimbursement of a totaled vehicle. Many car owners are dismayed to find that their insurance only reimburses a fraction of the value, sometimes requiring that drivers pay the difference in car loans. Most policies only require reimbursement for the fair market value of your vehicle, meaning the original cost that you paid minus depreciation even if you still owe more than that.
Does ‘No Fault’ Mean That I Am Protected?
Because we live in a No-Fault state in regards to auto insurance in Florida, all drivers are required to purchase a minimum Personal Injury Protection insurance. This covers any physical injuries and missed wages following an accident, regardless of who is at fault. However, if you purchased only the minimum state requirements you are only protected for $10,000, and the average car related injury costs anywhere between $8,000 and $60,000. For minor accidents, you may be sufficiently protected, but a major injury could end in serious out-of-pocket costs.
In Summary: Understand Your Policy
You should never assume that your auto insurance in Florida will protect from every eventuality. The only real protection will be a full and comprehensive understanding of your coverage and risks. Speak to an experienced agent about the details of your insurance policy to guarantee that you receive the type of coverage you need.
Posted March 13, 2017 at 3:37 pm|
Spring Clean Like A Pro and Avoid These Common Insurance Claims
As you start to sort through the clutter of your spring cleaning checklist, be sure to include a few valuable points that improve the quality of your home as well as protect against potential disaster. Most claims for homeowners insurance in Florida can be avoided with a little wise preparation.
Clear Away Lint
The vent hose on the back of your dryer needs to be thoroughly cleaned out at least once a year. Otherwise, the accumulating lint becomes a disastrous fire hazard. A single spark will ignite a highly flammable lint collection and quickly engulf an entire house, making dryer vents a common although easily preventable cause for Florida homeowners insurance claims.
Now is also a great time to also check air filters and any other parts of the house that collect debris or lint.
Make a Quick Safety Check
Check smoke alarms and CO detectors to ensure that they are functioning properly and have fresh, fully charged batteries. Also, make sure you have an accessible and working fire extinguisher on every level of your home. Preventative measures like these are easily overlooked and forgotten especially after years without use, but a routine annual check could spare you from disaster.
Schedule a Maintenance Checkup
Many local professionals in the area will happily provide routine maintenance checks at little to no cost. Also, some providers of homeowners insurance in Florida offer discounts and lowered rates for homes that are regularly maintained. Contact each of the following contractors to eliminate common household risks with a thorough inspection:
- HVAC Technician to inspect your ductwork and air conditioning unit
- Plumber to inspect water heater and pipes
- Roofer to check for damaged shingles or potential weak spots
- Electrician to inspect wiring and outlets
- Pest Control to protect against potential invasions
Take a Home Inventory
Many claims for Florida homeowners insurance involve theft and vandalism, especially during Spring Break and Summer holidays when your home is more likely to be vacant. Before you endure the stress of painstakingly attempting to asses the value of your lost goods, make a comprehensive catalog of your valuables. Most insurers provide simple phone apps that allow you to save and record pictures and details, eliminating the time-wasting hassle of recovery.
Prep for the Next Coming Storm
The exterior of your house requires as much attention to safety as the interior. Because Florida is consistently prone to inclement weather and damaging storms, it is wise to take precautions against natural disaster. Take the time to ensure that your home is prepared for floods, rain, and strong winds that are most detrimental to the property.
Make certain that your yard is clear of dead branches or any potential debris that may become a projectile during hurricane force winds. Keep trees well pruned and maintained, and clear your gutters and drains of any collected dirt. Furthermore, check the caulking and seals around windows and doors to ensure against leaks before rain falls.
Posted January 30, 2017 at 7:01 pm|
Every claim you make to your auto insurance or Florida homeowners insurance is a potential increase in your premium. Car insurance in Florida quickly increases in cost even for minor claims. Practice these easy and convenient habits to reduce the risk of a possible catastrophe.
80 percent of vehicular accidents and even close calls are the direct result of a driver being distracted. Cell phones, in particular, are said to be as detrimental to a driver as alcohol impairment, and rates for car insurance in Florida skyrocketing if you are at fault texting and driving. Save all texts, drive through meals, and phone calls for the end of your trip.
To guarantee your focus, always be in a driving frame of mind when you get behind the wheel. Never drive when tired, angry, crying, intoxicated, or medicated. All of these conditions will impair your judgment and set you up for driving that is erratic and dangerous.
Long road trips become particularly dangerous when drivers succumb to highway hypnosis. Focusing on the same spot for an extended length of time is difficult, and even the most experienced drivers experience fatigue behind the wheel. Play music or roll the windows down to keep you in the moment. Above all, if you feel tired or spacey, pull over a take a break.
Before embarking on any long trip, pack your trunk with a few must-have items.
Your emergency roadside supply should include:
- First Aid Kit
- Jumper Cables
- Tow Rope
Experienced travelers will also carry useful tools for any eventuality (gas can, tire sealant, water, blanket, etc). Always check the condition of your spare tire and car jack, as well.
For minor emergencies, you can avoid calling assistance with auto insurance in Florida with a little technical know-how. If you are not already familiar with basic car maintenance, have someone teach you the essentials. Be comfortable changing a tire, checking the oil, and other helpful quick fixes that will spare you from being stranded.
A crucial factor in fire safety is to maintain working smoke detectors in the house. Always replace batteries at least once a year before they get low.
Many claims for Florida homeowners insurance can be avoided by using candles, ovens, heaters, and other household items responsibly. Always be attentive to candles and cooking food, and know the location and instructions for a nearby extinguisher. Use products like heaters and grills according to their directions.
Homeowners insurance in Florida is particularly crucial during hurricane season. Always keep a close watch on weather reports to allow yourself plenty of time to prepare the house for impending storms. Remove any patio furniture or garden supplies that could become dangerous projectiles in high-speed winds. You can protect your home from flood damage by guarding entryways with sandbags.
Even during a small storm, lightning strikes can send power surges that quickly wipe out electronics in your home. Unplug computers, TVs, and expensive equipment to avoid losing it all in a flash.
If you are leaving your home unattended for a long period, do your best to make the home still appear inhabited. Leave on lights, and if possible connect them to a timer to imitate movement. Have the postal company freeze sending mail while you are gone or ask a neighbor to check in occasionally. Burglars will also avoid a home that is well lit around doors and windows, making concealment difficult.
Posted November 22, 2016 at 6:32 pm|
Common Causes of Holiday Accidents and How to Avoid Them
The upcoming holiday season is the busiest time of year for travelers, particularly drivers who will be flooding our roads and highways in record numbers this year. Unfortunately, heavy traffic flow and large numbers of families traveling vast distances also mean an increased risk of car accidents and mishaps across the country. Even a minor accident can seriously hinder your holiday plans, especially if your auto insurance for Florida is insufficient to get you comfortably home. Avoid these key features that contribute to holiday accidents and arrive safely at your destination.
Alcohol: The Deadliest Factor
The most common cause of fatal accidents on Thanksgiving, Christmas, and New Year’s is alcohol. Intoxicated drivers account for nearly a third of motor vehicle fatalities during this celebratory season. Car insurance in Orlando will usually still pay the liability limits of your coverage plan if you are involved in a DUI-related accident, but your rates will increase and no coverage will protect you from jail time if you incur criminal charges. Protect yourself with responsible practices if you plan to imbibe this season.
- Assign a Designated Driver
- Take Time to Sober Up With Food, Sleep, or a Shower Before Driving
- Have Plenty of Water Between Drinks
- If Necessary, Take a Taxi
Accidents are also common this year where intoxicated pedestrians are struck by motorists. In addition, to responsible drinking, also be cautious of others who may be less coherent and pose an equally serious threat.
Weather: The Dangers of Winter
Many families this year will be traveling an average round trip of over 500 miles. Along the way, especially for those leaving the comfort of the sunbelt, you may encounter frost, flurries, heavy snow, and long stretches of icy roads. Is your car fitted with the proper tires? Are you traveling through an area that regularly salts their highways? Many companies providing car insurance in Florida will provide a discount if you pass a driver safety course. Even if you are prepared for long travels through inclement weather, the risk still exists of other less experienced drivers losing control and hitting you. Stay alert and drive safely to protect your family and avoid rising rates to your auto insurance in Florida.
- Leave Plenty of Room for Careful, Correct Braking
- Refrain From Using Cruise Control
- Prepare Tires, Fluids, Headlight, Etc
- Check Weather Conditions Before Leaving
- Distractions: Juggling a Busy Carpool
While you drive, are you checking texts on your cell phone while entering information on navigating apps? Are fussing with your spouse over radio settings while your kids bicker in the back seat? Some studies have shown that driving distracted is every bit as detrimental as driving drunk, and the holidays, in particular, are full of constant distractions. Car insurance for Florida residents is drastically affected by your ability to stay focused and keep your eyes on the road. It only takes a few seconds to overlook an unexpected pedestrian, deer or a stopped car on the road.
- Plan Your Route Before Leaving and Assign a Navigator
- Pull Over to Make Adjustments
- Avoid Phone Calls
- Never Drive Angry, Tired, or Upset
Posted September 22, 2016 at 6:04 pm|
Whether your lender is requiring full coverage on your financed vehicle or you simply need the state minimum to register your new wheels, you want to be certain that your choice of auto insurance in Florida is the best value for your hard earned dollars. Many drivers pay top dollar for hefty premiums only to be disappointed or risk overspending on unnecessary coverage. With careful consideration, you can drive confidently a Florida car insurance plan that suits your needs and your budget.
Cover Your Assets
The first step in finding great auto insurance for Florida coverage is to fully understand what sort of insurance you really need. If your small used car is only worth a couple thousand dollars and you’re paying several hundred a month, a full replacement after your car is totaled in a year might end up costing you more than just buying a new car right out of pocket. Contrarily, if you’ve settled for cut-rate low premiums on your high-end vehicle with pricey, difficult to replace parts, you may wind up paying exorbitant out of pocket expenses. Take into account the full value of all your assets to decide and be certain about how much decent car insurance for Florida coverage is really worth to you.
Avoid the Obvious Mistakes
According to the Department of Motor Vehicles, these are the most common mistakes made by drivers when shopping for Florida auto insurance:
- Hurried Shopping, Without Attention to Details
- Purchasing Inadequate Coverage
- Purchasing Excessive Coverage
- Being Dishonest
- Not Understanding the Policy
- Not Understanding the Value of the Car
- Not Updating Life Changes
The crucial step with procuring beneficial coverage is in taking the time to compare quotes and thoroughly comprehend the important details. Many people settle for the barest state minimum or overcompensate with every available feature. Only when you are certain of what type of Florida car insurance you need and what cost it is worth are you able to begin serious quote comparisons. Be totally frank and honest when applying for an insurance quote. Insurance fraud will be entirely more costly than any premium.
Compare Levels of Auto Insurance for Florida
Once you have found the company offering your ideal rate, do not be afraid to check through different levels of coverage. Often times, for only a slightly higher premium you can receive noticeably larger coverage. The trick here is simply to take those extra few moments to really appreciate the details. A little time can spare a lot of money.
Ask for the Discount … Again
Most major providers for auto insurance in Florida offer a multitude of discounts. If your driving record has been stable, if your credit score has improved a little, if you have moved to a safer neighborhood or added another driver, you may qualify for a discount. Many companies will gladly issue you a discount just for being a consistent customer over a long enough period. Ask for a discount, then call back a few months later and ask again. You may be surprised.
The Best Car Insurance Orlando Has to Offer
The benefit of an independent agent assisting you while shopping for Orlando car insurance is having a professional to clearly and plainly explain the technical details of multiple policies in a concise setting. You rarely walk into a store and grab the first item you see without so much as a second thought. Florida auto insurance is no different. Take a little extra time to know what you are getting and what it is worth, and you will drive more confidently with a happier wallet.
Posted December 24, 2014 at 12:35 pm|
Homeowners who don’t pay attention to what’s going on in their attics can face costly damage that can spread throughout their entire home, warns a new survey sponsored by the Chubb Group of Insurance Companies.
According to the survey of 1,000 adults, a little more than half of homeowners—some 52 percent—have discovered critters such as mice, squirrels, bats and bees living in their attics; meanwhile, one in 10 homeowners have never even seen their attics.
Full Article: http://www.insurancejournal.com/news/national/2014/12/04/348722.htm
Posted November 26, 2014 at 2:03 pm|
Florida houses many attractive reasons to live in, but hurricanes and sinkholes are on the not so attractive list.
Sinkhole losses have been on the rise the last few years in Florida. According to a report by the state, 211 property insurers responded that claims increased from 2,360 in 2006 to 6,694 in 2010, totaling 24,671 claims. The total dollar amount of those claims was approximately $1.4 billion.
RiskMeter’s Top 10 Sinkhole-Prone Counties in Florida are:
Read the full article here: http://www.insurancejournal.com/news/southeast/2011/03/30/192278.htm
Posted November 4, 2014 at 12:36 pm|
Top 10 for the Past Week
||A Guide to Homeowners’ Liability for Injury to Trick or Treaters
Oct 31, 2014 — Halloween pranks. Google this phrase and more than 5 million results link you to a myriad of ways to “mess with peoples’ minds” on Halloween. Some of the recommended pranks require a higher education to …
||The Hartford Offers Lump-Sum Pension Buyouts to 13,500 Former Workers
Oct 28, 2014 — Hartford Financial Services Group Inc. is working to reduce its retirement obligations by paying former employees to give up their pensions. Last month, the insurer offered voluntary lump-sum payments to about 13,500 …
||Top 10 Market Conduct Issues for P/C Insurers
Oct 28, 2014 — A review of state insurance regulators’ examinations of U.S. property/casualty insurers shows that claims-handling, underwriting and producer requirements continue to be the top criticisms. According to compliance and …
||Supreme Court Considers Taking Obamacare Tax Credit Case
Oct 30, 2014 — The fate of President Barack Obama’s healthcare law is again in the hands of the U.S. Supreme Court. Two years after upholding the law by a single vote, the justices are weighing whether to hear a Republican-backed …
||Space Station Supply Rocket That Exploded Insured for $50 Million
Oct 29, 2014 — Authorities on Wednesday started investigating what made an unmanned U.S. supply rocket explode in a fireball moments after lifting off from a launch pad in Virginia, destroying supplies and equipment bound for the … Read the rest of this entry »
Posted October 28, 2014 at 12:09 pm|
Insure.com said it recently surveyed 2,000 adults, half women and half men, from all regions of the country, asking them whether 10 insurance-related statements were true or false. All the statements were false, according to the online insurance provider.
Below are 10 insurance myths, with the realities and comments provided by insure.com, and the gender breakdown of those who believe the myths are true.
Myth 1: I should buy insurance coverage for my house based on its real estate market value.
- 52% think it’s true (45% women, 55% men).
- Reality: Buy coverage based on a home’s cost to reconstruct (materials and labor).
Myth 2: Red cars cost more to insure because they get pulled over for speeding more.
- 46% think it’s true (52% women, 48% men).
- Reality: Car color doesn’t affect insurance rates.
Read the rest of this entry »
Posted October 14, 2014 at 11:40 am|
Along with all the concerns regarding the ongoing Ebola epidemic, here’s one many people probably haven’t considered: What about health care and life insurance costs if the disease were to become widespread in the U.S.?
The effects on the Life and Health insurance industries will clearly depend on whether the infected people are insured. Some of those who have died up to now were children and almost certainly did not have life insurance.
Two tests must be satisfied before an illness or disease can be considered occupational and thus compensable under workers’ compensation.
- First, the illness or disease must be “occupational,” meaning that it arose out of the course and scope of employment.
- Second, ultimate compensability of an illness or disease is dependent upon the work or occupation of the employee; the illness or disease must arise out of or be caused by conditions “peculiar” to the work.
More on Ebola: http://www.iii.org/article/facts-and-perspectives-on-the-ebola-pandemic
Read the rest of this entry »