Lock Insurance – Lakeland, Florida

How Much Should Liability Insurance Cost?

business1Factors that affect Liability Insurance

There are several factors that decide the price on Liability Insurance:

  • The number of employees and the sub-contractors cost (many do not understand their sub-contractors effect there rate even when they carry there own insurance).
  • How many Owners – if one of the owners is not active or is not in the field working, sometimes we can exclude them.
  • Gross receipts – total that you bring in to the business before you pay all your expenses.
  • The type of work that you do – insurance companies call them class codes. Each type of job description will be placed with a code or similar risk and can be grouped together.

There are several factors that can hinder you with some companies:

  • Prior claims or knowledge that a claim could arise
  • Job type or description
  • How many years of experience
  • More sub-contractors than employees

Click here to read more and we can help you understand some of the complicated insurance situations.

I have also set up several helpful business links that will make you more successful! Click Here!

Don Westerfeld 11/11/2010 6:53:00 PM

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The Low Cost Car Insurance In Polk County

Car Insurance in Polk County is substantially lower.Beautiful girl enjoying her new car

Insurance companies will vary from county to county even zip code to zip code. So if you are moving from Orlando to Lakeland you will be happy and if you are moving from Lakeland to Orlando you might be upset with the rates.


Even if you have a child take a vehicle to college, the insurance company will want to change the garaging zip code to charge for the area the vehicle is in.



There are some new discounts that are available:

  • Prior insurance for at least six months with a lapse not over 30 days.
  • If you have not moved in the last year and if you have lived there longer than two years.
  • Buy the insurance at least 7 to 10 days ahead of time.
  • Paperless discount for having all your paperwork emailed to you.

For more information contact us today.

Don Westerfeld 11/5/2010 9:16:00 AM

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What Are Wind Mitigation inspection Discount?

With home insurance costs rising and with changes made to the wind mitigation discounts, its important to talk with an agent that understands them.

Before you pay for an inspection you should see if you qualify for the new revised wind mitigation discounts.


paridise1Questions you should ask your agent:


  • Do I qualify for any wind mitigation discounts?
  • Is it worth it for me to get a wind mitigation inspection?
  • Which inspection company should I use?
  • Can I have my local handyman do the inspection?
  • Do you offer a guarantee if I don’t qualify for the discount?
  • What is a hip roof?

Even if you save a smaller amount over the years it can really add up. Its your money so you really need to check with your agent or contact us to see if you qualify for any discounts.

More information on wind mitigation inspections.

Don Westerfeld 10/4/2010 8:51:00 PM

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How Much Will Life Insurance Cost You?

Life Insurance rates have been getting less expensive as mortality tables have been adjusted. If you are thinking of purchasing Life Insurance, it is best to purchase it before your birthday.


A few questions you should think about:


  • How many years do I need the insurance for?
  • How much insurance do I need? if I die what do I want to take care of? Burial cost, loss of income, Child education, etc.
  • What type of insurance: Term Insurance or Permanent Insurance
  • Do I need any Riders or extras such as return of premium, child rider, waver of premium, accidental death, etc.


Looking in to the average cost for a funeral is over $12,000 dollars. No one plans to die and once you get sick a lot of times it is too late to apply for life insurance or it may be to expensive because of your health.


Lock insurance can help you navigate through these tough questions with no obligation. Click here to learn more.


Don Westerfeld 10/4/2010 9:42:00 PM

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What You Should Know: Hurricane Home Insurance Florida

Most Florida insureds are unaware of several fees attached to there policy. One is the cat fund created by the state to offset the cost of hurricanes. Easy analogy is taxing someone in a low risk area to subsidize a person in a high risk area. Even if you don’t own a home you are being surcharged on almost all types of insurance, including auto insurance, property insurance, Liability insurance. This article sums it up, as Florida insured myself it really scares me. We are looking at a bad situation.


Don Westerfeld 9/23/2010 9:36:00 PM

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The Rising Cost Of Auto Insurance Is Due to Insurance Fraud

Florida is number one when it comes to fraud claims. Miami has always been a hot bed for years but Tampa's car insurance marketTampa and then Orlando are trying to catch up. I mean they just changed the name of the Ford Ampitheater to 1-800-ASK-GARY.


It is important if you are in Florida right now to keep your insurance in place even in situations were you don’t have a car. If you are in an accident, take pictures, write down names and numbers of any witnesses. If it happens on private property the police will not show up to do a report. More information on the Blomberg report.
Don Westerfeld 8/24/2010 9:24:00 PM

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How Other Sites Do Your Online Auto Insurance Quotes

When you are surfing the internet for the cheapest car insurance quotes, keep in mind a lot of the autogirl1advertisements that you see are for companies that sell and share your information. We promise never to share your information with no one else unless advised by you.


There are hundreds of these companies out there and they sell them to agencies like myself that pay 5 to 20 dollars for one shared lead, which are suppose to be sold out to know more than 5 times. If you get to a local company such as ourselves we just quote you through our 7 companies in house with in minutes.


Experience the difference at Lock Insurance.

Don Westerfeld 8/11/2010 10:15:00 PM

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To Bundle or not to Bundle? That is the question!

policyMost people feel that if they put all of their insurance in one nice package then they are saving money. That however is not always the case. A cable company for instance may offer bundling as a way for you to save money if you put your cable, phone and internet together. This bundling system works for cable companies because cable companies as a whole is not a diverse market. There are only about four to five companies to choose from and in most cases, where you live dictates what cable company you will use. So any type of savings is a good one.


It is very likely that you can still find cheaper policies if you shop around. Being a smart consumer is the best way to see if you are really getting the bang for your buck. Once you’ve done the research, you may find that bundling is not always the best way to go.


However insurance is a horse of a different color. There are hundreds of insurance companies in the state of Florida, all of which specialize in different lines of insurance. Competition is high and insurance companies that give the option to bundle are at an advantage, because bundling can be a way to get added discounts. It offers the convenience of making one payment a month versus two or three and it allows you to deal with only one agent… one insurance company.


But if money is your main motivator you may want to do a little more research. Bundling does allow you to get multi-lined discounts, but you still may be able to find cheaper, separate policies through another agent or with another insurance company altogether. There are so many factors that go into determining insurance rates, so don’t get caught up on the concept of bundling. As a consumer, take the time to do your homework on the companies that you are considering. It’s your money so take an extra week to compare prices and coverage as the two go hand in hand.

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