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Homeowner’s FAQ’s
Does my policy cover floods?
The fact is that homeowner insurance does not cover damage caused by flood, and federal disaster assistance is only offered when the president declares a major disaster (which only happens in 50% of flooding situations). Unfortunately, most people do not find this out until it is too late. However, flood insurance is available to protect homes and businesses and their contents in communities that participate in the National Flood Insurance Program.
Does my policy cover hurricane damage?
Yes, your homeowner’s insurance policy will cover damages cause by windstorms. The deductible for hurricane damage can range from 2% to 5% of the insured value of the dwelling depending on the policy. It’s also important to note that this deductible is per occurrence.
What does the hurricane deductible mean?
This is the amount that you, the policyholder, will have to pay out of pocket. For example, if your home is insured for $250,000 with a 2% wind deductible and has hurricane damages of $50,000. The amount of the deductible will be 2% X $250,000 = $5,000. The remaining amount ($45,000) would be paid by the insurance policy.
Auto Insurance FAQ’s
Can I get coverage with speeding tickets on my record? What about accidents or a DUI?
Yes. We understand that not everyone has a perfect driving record. We represent insurance carriers specializing in your unique situation. (I don’t know if this applies to your providers, please let me know, or remove this)
What is the deductible on my auto policy?
In the event of a claim this is the amount you will have to pay before your policy pays. You can choose between $250, $500, or $1000. (I don’t know if these values apply to you and your providers, please let me know, or remove this)
What's the difference between comprehensive and collision?
Collision is the part of the policy which covers your vehicle against damage caused in an accident. Comprehensive covers your car for damages not caused by a collision. It also covers against named perils such as hurricane damage and theft.
What are the state required limits for auto insurance?
10/20/10 or $10,000 for each person insured, $20,000 for the claims of all persons injured in one accident, and $10,000 for all property damage. (Please verify this information or correct if necessary. Remove if you want to.)
What is uninsured motorist coverage?
Coverage designed to provide protection should you be involved in an accident with a motorist who is at fault and has either no insurance or not enough to cover the damages.
I just moved to Florida. Is coverage the same from state to state?
No. Each state has unique rules and regulations for auto insurance. It’s important to be aware of the differences.
Do I have to turn in my out of state tags and get new ones from Florida?
Yes. Upon moving to Florida a driver has 30 days get a new registration on the vehicle.
What is the Florida Financial Responsibility Law?
The law that requires owners or operators of autos to provide evidence that they have the funds to pay for automobile losses for which they might become liable. Insurance is the usual method for providing this evidence to the state.
What is the Florida No-Fault Law?
The law that requires PIP (personal injury protection) be carried by owners of motor vehicles, and imposes penalties for failing to do so.
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