Getting a new car? What to do about insurance.

Buying a car is a very major purchase, and a lot can go wrong with a vehicle. For this reason, choosing an excellent FL no fault auto insurance plan from someone like https://floridainsurancequotes.net/florida-auto-insurance/ is particularly important. By law, every vehicle must have liability insurance, but buying additional insurance can ensure that your vehicle stays operating for years to come, without costing you an arm and a leg.

 

Aside from liability insurance, which covers you in case of injury or damage done to other people or property (including other vehicles) while driving the vehicle, there are many other options out there. You can also purchase specific collision insurance which protects your vehicle if you get into a collision with a person, object, or another vehicle. And comprehensive coverage helps in a wide variety of circumstances, including fires, thefts, vandalism, and natural disasters such as hail, flooding, and windstorms.

 

Of course you don’t need all these types of insurance on all vehicles – aside from liability insurance, which is a legal requirement. Vehicles on loan or lease should have full coverage, as you don’t actually own the vehicle and need to return it in good condition. However, if it’s a vehicle you’ve purchased outright, especially an older vehicle near the end of its life that you don’t really care about (which may be a vehicle for which the premiums would be especially high), you may consider forgoing collision or comprehensive insurance.

 

There are many other factors in determining the cost of Florida auto insurance beyond the type of insurance. Insurance companies are very good at assessing the cost and likelihood of a payout, and they will charge you accordingly. Auto insurance cost will change based on personal factors, such as your age, gender, driving record, insurance history, level of education, and driving experience. They’ll also consider the vehicle, including its make, model, age, and repair record (both for you and in general). Some vehicles are more likely to be stolen than others, while others are more likely to break down. Your insurance provider will also look at your behavior in the car – specific forms of insurance are required for business vehicles, and vehicles driven specifically for pleasure or as a hobby will tend to get in more accidents. They will also consider where you live – insurance in crowded, crime-ridden urban areas will tend to cost more than insurance in quiet rural spots.

 

Many insurance companies offer a variety of discounts. There are often special rates for senior citizens and members of some organizations (including automotive organizations like AAA and certain unions). And many insurance companies lower rates over time as people display proven records of years with no accidents or claims. Ask about these discounts early, and factor them into your long-term insurance cost calculation.

 

Because of the complexity of all these factors, it’s a good idea to shop around, and look at multiple different plans. Speaking to an experienced insurance broker can help you sort out the different types of coverage available, help you calculate the final costs, and finally choose an auto insurance plan that’s right for you.

Florida Homeowners Insurance

Three big Florida homeowners insurance deal breakers you need to be aware of

If you have been searching high and low for the right Florida homeowners insurance program for your specific needs – and your specific property – but haven’t had any luck, you may be dealing with a couple of the largest homeowners insurance deal breakers in the state of Florida on your property. Well you can save time by visiting https://floridainsurancequotes.net or read on to learn why.

Though the insurance companies are getting better and better at ensuring just about anyone and everyone that wants to take advantage of the protection that they provide, the truth of the matter is there are a number of potential issues that some properties in Florida have built right in that make them very risky propositions.

The list below is nowhere near complete or comprehensive, but here are just three of the biggest Florida homeowners insurance deal breakers you need to be on the lookout for.

An improperly installed fuse panel

The very first thing that you need to look for is a fuse panel that has been installed in properly in your home or commercial building.

There are a number of very specific electrical building codes that need to be adhered to, and whether or not your home is brand-new or has been in Florida for 100 years or more, it needs to be in line with these new building codes or you will not receive the Florida homeowners insurance you’re looking for.

Not only should you speak with a professional electrician to have a look at your fuse box I had of time, but you should also consider the cost of upgrading a properly installed fuse box into the “final figure” of your home’s purchase price – even if you do not end up making the upgrade down the line.

Old and outdated electrical wiring throughout your home

Another major issue that you need to be on the lookout for (and something that has to do with the other part of your electrical system) is any instances of old and outdated electrical wiring throughout the home.

If your home or commercial building has any knob and tube wiring or aluminum branch wiring, you are going to deal with some serious hassles and headaches when it comes to trying to get the Florida homeowners insurance you need to protect your purchase and investment.

Again, you’re going to want to consider completely rewiring your entire home (not only to get the Florida homeowners insurance you need, but also to protect your loved ones and your property) – so figure this into the final cost of your home as well.

A roof with less than three years left of “life” on it

Last, but not least, you need to be sure that your roof has at least four years or more of “life” left on it – or you’re in for a serious problem.

Most roofs have lifecycles of anywhere between 15 and 30 years, and there are a number of different factors that come into play to calculate just how much life is left. Make sure that a professional has done that for you, and can prove it in documentation that you provide to your Florida homeowners insurance company.