Florida Auto Insurance 101

If you own a car in Florida, there’s no two ways about it: you need insurance from https://floridainsurancequotes.net/florida-auto-insurance/. Even the best drivers out there need coverage—it’s the law. After all, you can’t help what other people do meaning you could very well end up in an accident despite it not being your fault. Without insurance, you’re not walking away from the issue without other problems coming with it. So keep reading as we explore some of the basics of Florida auto insurance.

Umbrella Coverage

Auto insurance actually consists of a dozen or so different types of coverage. Like just about all things related to insurance, you can always find a way to spend more money if you want to. But the very least you need is umbrella coverage or umbrella liability coverage.

This basic form of Florida auto insurance ensures that if you’re in some kind of accident, you’ll have the coverage to take care of the bill. Obviously, without everyone carrying this type of insurance, we’d have a lot of issues anytime there was an accident. If you hit my car and can’t pay for it, I’m the one left holding the bag.

Three Prices

When you’re given a quote for Florida auto insurance, it will often come in the form of 3 numbers. In fact, if you have insurance for your car already, you might be familiar with the practice. The format is xx/xx/xx.

The first of the 3 numbers is how much your insurance provider is willing to pay out to each person who was hurt in an accident you were involved in. You don’t count though.

The next number is how much your provider will cover in the event of an accident. This number isn’t a running total though. It would get reset each time you got into an accident.

Lastly, the final number is the amount the provider will reinstate you for any type of property damage you suffered based on an accident.

The above 3 descriptions are, admittedly, a bit vague. But that’s because each provider will be different. So be sure you have them go over exactly what each number represents before signing anything. And, also these numbers are all in thousands of dollars.

Other Types of Insurance

As we mentioned there are a number of different Florida auto insurance categories you may be interested in investing in. One is collision and comprehensive. It covers you in the event that someone hits your car. However, because your car can get damaged more than one way, comprehensive pays out for things like break ins, floods, sires and more.

You also may want insurance for uninsured drivers. We also touched on this earlier. If you get into an accident for one, there’s a very good chance they’ll be costing you money because of their lack of insurance. However, this form covers for that eventuality.

If you’re a Floridian with a car, you need to have Florida auto insurance to avoid costly penalties. However, if you’ve been putting it off because of how complicated it can be, hopefully this article helps.


Creating an Inventory for Homeowners Insurance

Insurance is essential when you’ve made the decision to purchase a home. An insurance policy will protect your building as well as your assets in the event that you have to deal with a natural disaster or loss of belongings. Find out how creating a home inventory of your belongings can help you to make the best possible home insurance policy from https://floridainsurancequotes.net/florida-homeowners-insurance/ and simplify the process of making a claim when necessary.

Creating Your Insurance Policy

The first step to insuring your home is to meet with your insurance agent to put together your policy. You agent will be able to give you all of the information that you need to create the policy that will protect your home and belongings. Come prepared with information about your home including the year it was built, the value of the home, square footage, and the number of rooms inside. Make note of other buildings on the property. One more thing that you can do to make things easier for both you and your agent is to create your home inventory.

Making a home inventory means that you’ll have documentation of all of your belongings. Your agent will be able to look at the list and determine how much insurance you’ll need to cover the cost of your belongings in the case of a loss. Not only will you know what needs to be replaced, but you’ll also have a list of the cost of each of your belongings to be sure that you get the compensation you need to replace them.

Filing a Claim

None of us know when we’ll be faced with a serious issue such as a fire, flooding, or a natural disaster. However, there is one thing that we can all do to prepare: invest in a great insurance policy. Having insurance can help you to have peace of mind that in the worst case scenario, your home and belongings can be replaced. Anyone who has had to file an insurance claim knows that the process can be time consuming and stressful. How can a home inventory help?

When you create a home inventory, you’ll save yourself as well as the insurance company valuable time. After a disaster, the last thing you’ll want to do is sit down and try to make a list of all of the things that were inside of your home. Not only is it time consuming, but with so much stress weighing on you, you’ll be sure to forget things that should make it onto the list. Instead, you can access your home inventory and turn in the list to your insurance company. It will make it easier for your company to look at the detailed list and determine how much money you will receive from your claim.

Creating the Inventory

Now that you know some of the benefits of creating a home inventory, let’s talk about how to make one. You can choose how simple or in depth you would like your inventory to be, but remember that the more details you include, the more likely you’ll be to receive compensation for each of your items.

Start by determining how you’ll document what belongings you have in your home. Will you make a simple list, photograph items, take video, or do some combination of the three? Creating a detailed list is a great starting point. Consider setting up a spreadsheet on your computer. Make a separate page for each room of the house and on each page make a column for the name of the item, the store where it came from, the price you paid, and the serial number of larger and more expensive items. While this much information may not be necessary, it can certainly be helpful when replacing items.

To make the task less overwhelming, take one room at a time. Choose a room and begin your list. You may want to group some items. For example, you could say that you have 45 DVDs or 12 sweaters and provide the cost of the entire set. When possible, provide pictures. This will help both you and your insurance agent see exactly what you own and replace your items with close matches. Taking a quick video of your home can be helpful for the same reason.

As you work your way through the house, be sure to save your work. When you are finished, save the spreadsheet, photos, and video on the computer. Email them to your insurance agent and save a copy in your own email as well as in an online storage source. This will ensure that you will have a copy even if your computer is damaged.

Creating a home inventory can take a bit of time and energy, but in the case of a loss, your work will be well worth it. https://floridainsurancequotes.net/home-insurance/state-senate-bill-may-provide-options-florida-flood-insurance/