Category Archives for Uncategorized

Lower Hurricane Deductible Options

We have been in business quite awhile and have been through several hurricanes but hurricane Irma really showed who and what was covered. We found a lot of insured did not realize how high there deductible is for Hurricanes. We also found that our insureds did not know there was a lower hurricane deductible option.

In Florida the 2%, 5% and 10 % deductible is a calendar year deductible, which means that it is a percentage of your structure amount of our dwelling. For Instance $100,000 thousand dollar house with a 2% deductible you would be responsible for the first $2,000 dollars from a named storm event.

Calendar year deductible. If there is multiple storms and you have more than one hurricane claim once it is met then you have no deductible.

In the past few years some carriers have started offering Hurricane Deductibles as low as $500.00 dollars.

Contact us today and find out more so you will not be caught with High out of pocket cost for minimal difference in price when the next storm is coming in.

I want a quote for $500.00 deductible for hurricanes. Click Here.

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Understanding Health Insurance

Health insurance can be complicated; there is no doubt about that. While it is difficult to understand all theLife Insurance & Investments Lakeland, Florida details of your health insurance policy, there are a few terms you should familiarize yourself with to make it easier to read and understand your policy. These basic terms will help you to shop for and make sense of your health coverage, so take a minute to learn and understand them.

Copay And Co-insurance

This is the amount you are expected to pay when you visit a doctor, go to urgent care, or to the emergency room. These terms are often used interchangeably, but they are a little different.

There are usually four different co-pay amounts for four separate types of doctor visits. The lowest co-pay is generally the one you pay to visit your regular doctor, pediatrician, or obstetrician. Often, a slightly higher co-pay is charged for a visit to a specialist. This can include specialties such as dermatology, ear, nose and throat (ENT) specialists, surgeons, and many more. Finally, there are usually two set co-pay amounts for either an urgent care or emergency room visit. Emergency room visits usually carry the highest co-pay amount.

Co-insurance usually refers to a percentage of the total cost that you are required to pay, especially for more unusual treatments and tests.


Much like your auto insurance, a health care deductible is the amount you are expected to pay before your benefits kick in. Co-insurance amounts do not usually count toward fulfilling your deductible requirements. In most cases, regular office visits also won’t be charged toward your deductible. Things like lab work, medical tests, and hospital visits are the types of costs that will count toward your deductible. Once you have paid out the full amount of the deductible, your policy will cover everything else at the set amount.

If you have other family members on your policy, you may have two deductible amounts-one per individual and one per family. Once the family limit is met, no further deductible payments are required.

Out Of Pocket Limit

Most insurance policies carry a yearly out of pocket limit; this means that there is a limited amount of money you will have to pay out of pocket in that year. After this limit is reached for the year, insurance will cover the rest of your medical care in full. This limit protects you in the event of a serious illness or injury that results in a lot of medical bills.

Please contact us for more information.


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Workers Comp Insurance Do I Need It For My Business?

What ever industry you are in, injuries at work can happen. If one of your employees is hurt on the job, youworkcomp can be held responsible for the medical bills. Workers comp insurance provides a safety net for both you and your employees, ensuring that if an injury should occur neither of you will have to bear the financial burden.

How it works

Workers’ comp insurance is designed to provide financial assistance to employees who are injured in the course of their work. Every business should have it, even though you may believe your employees are not at a high risk of injury. The injury doesn’t have to be the kind of workplace mishap we commonly think of, such as being injured by manufacturing machinery or in the course of dangerous jobs. If there is a wet spot on the floor of your office break room and one of your employees slips on it, that too can be a workers’ comp claim. Any injury that happens at your place of business during business hours, no matter what that injury is or how it happened, is a matter for workers’ comp.

Carrying workers’ comp insurance protects you from having to personally pay out for medical bills and lost wages when an employee is injured on your premises. Whether or not you feel the injury is your fault or that your company is responsible, the fact is that if it happened to an employee who is there to work for you, you can be the responsible party. Failure to carry workers’ comp means that you could face a lawsuit and wind up paying out of pocket on the claim.

Protect Yourself, Protect Your Employees

Carrying workers’ comp not only protects you, it also protects your employees. They will not have to deal with the financial burden of having to miss work and pay medical bills due to an injury. And they will feel confident working for you, knowing that if something happens they will be taken care of.

In many cases, carrying workers’ comp is not merely a good idea, it is the law. Make sure that you are carrying a policy in compliance with all of the laws for your state and industry. You could face a serious lawsuit if you do not. Smart businesses know that taking care of their employees just makes good sense. Protect yourself and protect the people who work for you with workers’ comp!


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Important Things When Shopping for Condo Insurance

139973072If you are looking into buying a condo, you might not consider the cost of condo insurance.  Condos are not like houses – there is no backyard, no basement, and generally you have a home owners association, or HOA, that takes care of fixing things around the property.  But you will still have to provide some insurance for a portion of your property.  It is important to look at your master policy in order to find out what kind of insurance you need, and what the condo association already covers.  There are two main types of insurance that will be discussed in the master policies: bare walls-in and all-in insurance policies.  Bare walls-in insurance covers all real property, but does not cover the fixtures and installations in the condo unit, including countertops, bathroom and kitchen fixtures, and flooring.  All-in condo insurance refers to the type that covers fixtures, installations, or additions within the interior surfaces of the perimeter walls, floors, and ceilings of individual units.  It is important to check the individual condo association’s master policy in order to see if there are any specific details or variations in it.  Generally, the cost of the condo’s master insurance policy is included in the HOA fees.


In order to decide what kind of coverage you will need, you should consider how much coverage to acquire.  Look at what other owners are paying for upgrades, such as flooring, cabinetry and countertops, in order to determine what kind of coverage will be needed if you are under a bare walls-in insurance policy.  Also, you have to decide if you want cash-value or replacement-cost coverage.  It is generally recommended to get replacement-cost coverage, as this will generally pay more (the entire value of getting the item replaced at today’s cost standards).  You also need to decide if the coverage will be for content, structure, or both items.  Content coverage looks at furniture, area rugs, electronics, jewelry, valuable artwork/collectibles, while structure items include the flooring, cabinetry, countertops, carpeting, and lighting.  You can look at what you have and what you want covered in order to also decide how much coverage to acquire.


Other things to consider are flood and wind damage coverage.  While the condo association’s flood coverage will cover the floors and structural issues for the most part, it is highly unlikely it would cover any of your property that was damaged.  Once you have figured out the type of coverage, as well as the amount of coverage, you are looking for, it is time to start getting quotes and make sure that your condo is full protected from any potential damage it could receive.



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Employment Practices Liability Coverage

It is so common today all business are at risk that is why Employment Practice Liability Coverage is so ManWomen314x210 (1)important.  You have probably either experienced firsthand or heard about a situation where an employee has filed a lawsuit against a company for unfair employment practices.

The laws to protect employees are in place for a reason; so too is employment practices liability. This policy can protect you from a major expense should you become the target of a lawsuit for discrimination, wrongful termination, sexual harassment, or a variety of other employment related issues.

Many employers believe they do not need this sort of coverage because they always treat employees fairly, never discriminate, and avoid any and all inappropriate actions in the workplace. Unfortunately, this does not protect you from a lawsuit. No matter how hard you try to keep your company a fair place where employees feel that they are treated right, mistakes can be made. All it takes is a misunderstanding to put your company at risk. Worse, although none of us like to think about it, the fact is that sometimes unhappy people file completely unfounded lawsuits against their employers.

Whether or not you feel a lawsuit is founded, you will have to defend yourself if it occurs. And the odds that it will happen at some point are not in your favor. No matter how hard you work to avoid it, people cannot be controlled, and if you do face a lawsuit, you will be glad to have financial protection for yourself and your company.

An employment practices liability policy is designed to cover you when a lawsuit related to employment occurs. Anyone who has employees-no matter how many employees-needs such a policy. Without it, you leave yourself and your company vulnerable to an expensive lawsuit that could serious hurt you even if you win in court.

Choosing not to carry this important coverage is a little like saying you don’t need auto insurance because you don’t plan to be in a car accident. No one expects to be in a car accident, just as no one expects to be sued. But if and when that day does come, having the right insurance can make all the difference. You can help your company to defend against an unfounded suit or to deal with the fallout of a mistake that leads to a loss in court.

It is the reality of running a business that you take on some risk in hiring employees. Insurance is there to protect you from the many situations you can’t predict, and employment practices insurance is a must contact us today for more information.


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Will A Car Accident Affect My Auto Insurance Rates?

If you have recently been in an car accident you are likely already dealing with considerable stress, but caraccidentworrying about whether your auto insurance rates will increase as a result shouldn’t be your priority when making a claim. Here are some facts about how accidents affect car insurance rates and what you can do to minimize the effect of potential rate increases should this ever happen to you. After all, car insurance is meant to keep us protected in case of an accident, and finding the right plan will ensure that.

Knowing Your Policy

This may seem obvious, but knowing exactly what is covered in your insurance policy and what happens in case of an accident will ensure that you are prepared if it should occur. Depending on your policy, you may or may not have an insurance premium hike after an accident. This is a good thing to know when you are shopping around for car insurance.

Choosing A Policy With Accident Forgiveness

There are a number of auto insurance policies on the market that offer first at-fault accident forgiveness. This means that your rates will not go up for your first accident. This, of course, only applies to drivers who have never been involved in an at-fault accident, but if this does apply to you it is a feature that you definitely need to look for.

In most cases, the more claims you make the more your rates will increase, and though we may not like it, this clearly makes sense. A few comparisons, however, can help you find a company that will not only offer you fair rate increases, but one that is transparent about its charges. This is usually a sign of an honest and reliable company, an important factor in choosing your insurance.


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