Homeowners Auto Motorcycle Insurance – Melbourne Florida
The Insurance Center of Central Florida offers Homeowners Insurance, Flood Insurance, Auto Insurance, Motorcycle Insurance, and much more.
We provide insurance services for residents all across Florida, and we can help you make sure you’re covered and prepared for whatever happens in your life!
Call us now at 1-888-8363-4706 for a FREE quote for your home, your business, or your vehicles. You can also visit us on line at http://theinsurancecenter.us.
Hurricane Insurance Coverage Rates Melbourne Florida
The official start to the 2010 Atlantic hurricane season is just a week away.
It’s wind vs. water in many a hurricane insurance claim, so be sure you know the difference – and obtain both hurricane and flood insurance when protecting your home.
To the surprise of many home owners, your homeowners insurance typically does not cover flooding after a hurricane, unless it is caused by the roof of your home blowing off.
In a state with as high a risk of hurricanes and tropical storms as Florida, it is essential that you realize the limitations of typical homeowners insurance, and don’t find out too late that homeowners insurance is not enough to protect your investment from hurricane damage. Flood insurance is inexpensive, yet could end up saving you tens or even hundreds of thousands of dollars and give you peace of mind in the aftermath of a hurricane or tropical storm.
Call Insurance Center of Central Florida TODAY and let us go over a new policy or your existing policy. Get on your way to great coverage and protection. Don’t wait till it’s too late!
Insurance Center Central Florida
3760 West Eau Gallie Boulevard
Melbourne, FL 32934
(888) 363-4706
Teen Driver UInsurance Tips – Florida, Melbourne
Not only do parents worry about putting a teen behind the wheel of a car—any car—they have to weigh a number of options about teen auto insurance.
Expect Higher Premiums
For nearly all families, the biggest issue is the money. Almost without fail, a teenage driver will add significant cost to the family auto insurance.
The reason? Insurers base their auto rates on how likely a driver will get into a crash, and statistics show that young, inexperienced drivers account for a disproportionate share of crashes. When fatal crashes alone are examined, drivers between the ages of 16 and 17 are three times more likely to be killed in a traffic crash than people between the ages of 25 and 64, according to the National Safety Council.
Gender continues to play a role in those insurance rates, too, since teenage males are viewed as greater driving risks than are teenage females. Hunter noted a family’s auto insurance rate might nearly double when a teenage girl is added to the policy, but it could triple if a teen boy is added.
You also will want to seek guidance if your teen splits time between your household and an ex-spouse’s household. In some cases, the teen may wind up being listed only on the policy of the parent who has custody.
If you think insurance costs are high when your teen begins driving, just wait and see how quickly they climb if your teen starts to collect tickets and get into crashes.
CALL 888-363-4706 or log on to: http://www.theinsurancecenter.us/
Teens – Driving – Insurance – Savings
Many of you are getting your graduates new cars. Please talk to your kids about texting and driving, speeding, and drinking under the influence. There are ways to monitor your kids also. Please be responsible.
We can get you the best rates for your teen drivers at Insurance Center of Central Florida.
SHOP – BUY – SAVE
You can save 30% on existing coverage.
Call 888-363-4706 or log on: http://www.theinsurancecenter.us
Teen Drivers – Help Regarding Your Insurance – Florida
This is Frank Hanrahan from the Insurance Center of Central Florida, I’d like to give you a tip to save your family money. When we start having kids and they start driving, you need to shop for insurance more than ever. It’s one thing when there’s a husband and a wife, but when you start adding teens, a lot of companies have varying rates. I’ve seen rates from as low as $1,200 to $2,000 for the exact same risks. The difference is being different companies. We’d like to shop for you. Give us a call at 1-800-659-0986 extension 215 or look us up on the web.
Insurance Center of Central Florida
http://www.theinsurancecenter.us/
You should shop your car insurance rates for teen drivers. Lower insurance premiums are available in many cases. Log on to http://www.theinsurancecenter.us/ for complete details.
Rental Car Insurance – Car Rental Collision Waiver Melbourne, Florida
Frank: One of the big questions we always get that people want to know is when I rent a car, do I need to buy the collision waiver, the insurance that the car company is offering. And Kevin’s going to tell us about that.
Kevin: Well, that’s a question that everybody likes to ask because when you’re there, you always hear the spiel from the kid behind the counter, and they make it sound like this wonderful product. People always want to know, should I pay for that? Should I pay that daily charge, which has increased significantly over the years.
Frank: what, about $15 to $20 a day?
Kevin: Oh, it can range from $15, and I’ve seen it as high as $30 a day. The reason why purchasing that warranty — because it’s not an insurance product, it’s a warranty product — from the rental agency is a good idea is because when you sign that contract when you rent the car, you’re taking a lot of liability on yourself that you may or may not realize. And part of that liability is you’re guaranteeing the rental agency if something happens to that car, you’re going to take responsibility for it. Now, if you damage the car in an accident, you may be able to file a claim against your current auto insurance company, and they may help you pay for it depending on what type of auto insurance you have. But other reasons why you may want to buy the waiver is because if you damage the rental car, you can call the rental agency, you can call the 800-number, they’ll come and get the car. Some of them will bring you another one. You don’t have to make a claim against your auto insurance. You don’t have to pay a deductible, which you will have to pay if there’s a claim against your auto insurance. Some deductibles can be as high a $1,000 depending on the damage. You can relieve that responsibility, and it will also cover the rental agency’s loss of income from them not being able to rent that car for a week or for two weeks or for longer because they can’t put it on the road because you broke it. So, for people who ask, should I buy this? If you have auto insurance, there’s a good chance your insurance company might pay to fix the damage to that rented car. What most of them will not pay for is any loss of income to the rental agency, which can be substantial. You’re going to have to pay a deductible, which is an out-of-pocket expense to you, and it’s going to be a claim against your auto insurance policy, which means your auto insurance might get more expensive or even non-renewed. So, when you’re thinking whether or not it’s a good deal, if you remember those factors, it might help you make the decision.
Frank: We had a guy, he rented a car in Alaska, and he brought it back, parked it, put the keys in the thing. About four months later, he gets a letter that says, hey, you wrecked our car. And he had to go back and forth arguing with them saying, hey , I didn’t wreck your car; who says it didn’t happen I dropped it off? I think he ended up paying a deductible and having his company pay it. But again, they were charging him for days off that he had to pay out of pocket as well.
Kevin: Right, absolutely. And another thing to remember is it all depends on the rental agreement. The details that I can tell you from this desk are what I know from a few examples from national rental agencies, but there’s rental agencies out there that might have agreements that ask for a tremendous amount of information that I haven’t even discussed. So, it’s always a good idea to read the rental agreement. And if there’s any question at all about what coverage you might have under your auto insurance policy for a rented vehicle, you’ll want to give your insurance agent a call.
Frank: Again, give your agent a call, review your policy, and if youd like a second opinion, give us a call at the Insurance Center of Central Florida. Our number is below.
Let Insurance Center Central Florida save you time and money!
What’s the difference between Collision Physical Damage Coverage and Comprehensive Physical Damage Coverage?
Collision Physical Damage Coverage is defined as losses you incur when your automobile collides with another car or object. For example, if you hit a car in a parking lot, the damages to your car will be paid under your collision coverage.
Comprehensive Physical Damage Coverage provides coverage for most other direct physical damage losses you could incur, including theft. For example, damage to your car from a hailstorm will be covered under your comprehensive coverage.
Get all your questions answered with one phone call 888-363-4706 or log on: http://www.theinsurancecenter.us/
The Insurance Center – Give and Get Referral Program
Hi, I’m Angie with the Insurance Center of Central Florida here to tell you about the Give and Get Referral Program. Give and Get is a program we developed to reward mortgage and real estate professionals for our client referrals. Our goal is to promote long-lasting business relationships with both new customers and business associates. You can receive a $10 gift card for any insurance lead. It’s fast, and it’s easy, and it’s a win, win, win situation for you, your client, and the Insurance Center.
Here’s how it works. When you refer a customer, log on to our website at www.TheInsuranceCenter.us, click on the Mortgage Broker and Realtor Partnership Program button on the bottom left of the page. Fill out the information, click submit, and you’re done. It’s that easy. You can be assured that your clients will receive fast, professional service, whether they decide to do business with us or not.
At the Insurance Center of Central Florida, we believe in doing business locally, so let us reward you for a client referral. You and your customers will be glad you did. Thank you.
How Do Insurers Determine the Cost of My Insurance?
There are many factors that affect the premium (cost) you will pay for insurance. The key to saving money and maximizing coverage is having good communication between yourself and your agent. Here are a few items to consider:
- Your Driving Record. Your agent will ask routine questions about accidents and moving violations for any driver covered by the policy for the previous five years. If you have previous violations, or have been in an accident where you were determined to be at fault, there may be an adjustment to the premium to offset the perceived risk. That’s why it’s so important to get all the information you need to accurately compare policy quotes.
- Where You Live. This may seem strange to you. Why would where you live effect how much you pay? Insurance companies know that increased traffic leads to more accidents; therefore living and driving in a city may result in more accidents than living and driving in a rural area. It doesn’t mean you need to move to a farm, but you definitely need to pay attention when driving. A good driving record is the best defense against increased premiums.
- Gender and Age. That may not seem fair, but it’s based on statistics. History shows that males still have more accidents than females. So rule number one: as a group, the guys need to slow down and pay attention, because they are paying a little more for their insurance. Insurers also have statistics that show a higher number of claims for some age groups than for others.
- Marital Status. Once again, this is based on statistics. Insurance company claims records show a lower rate of auto insurance claims among married policyholders. So, if you prefer to remain single, nothing beats a good driving record.
- Prior Insurance Coverage. If you’ve previously been canceled for non-payment of premiums, insurers want to know. If you’ve had insurance, your new insurer may ask your prior company about any claims you had. The key is to provide as much as information as you can to your agent. This will allow your agent to place you with the carrier (insurance company) who has the best rates for you. One carrier may be competitive on one type of policy, but not on another. Your agent should have access to multiple carriers in order to get you the right coverage and the lowest rates. Not all agents and all policies are created equal.
- Mileage. The more miles you drive, the more opportunity for an accident. In other words, if you do a lot of driving, you may pay a slightly higher premium. Your agent will know which carrier is best for drivers who spend a lot of time behind the wheel.
- Type of Vehicle. If you want to drive an exotic car, you will pay more for the insurance. As the price of your vehicle goes up, so does the potential costs to repair it. The physical damage premium will be increased to cover the additional risk.
Bodily Injury, Property Damage Insurance Melbourne, Florida
Frank: Not everybody has a home, but most of us have an auto, and everybody has to buy auto insurance. And I think we should at least understand basic coverages and some basic problems with auto insurance. Kevin’s going to give us some basic information on that.
Kevin: Right. In the state of Florida, what is required of you at the time of the accident is that you have what we call 10-20-10, and what that means is $10,000 worth of Bodily Injury Liability Insurance, $20,000 maximum per accident bodily injury limit, and $10,000 property damage requirement. Basically, what people need to know is that if you have the minimum limits in the state of Florida, then that means that if you cause an accident where people are injured, then the most your insurance is going to pay for any one person’s injury is $10,000. Now, $10,000 is a lot of money. I’m never going to scoff at $10,000. But when you’re talking about bodily injury, you can go through $10,000 pretty quickly. It doesn’t take more than one hospital visit.
Frank: Or how about one ambulance ride?
Kevin: Yeah, one ambulance ride and one treatment can easily eclipse $10,000 for a single person. If there’s more than one person injured in the same accident, the maximum you’re going to get for that accident that you’re responsible for is $20,000. So think about it if it’s a serious accident, it’s a horrible thing to think about. But $10,000 for one person and $20,000 total is not a very significant amount of insurance.
Frank: Actually, statistically, one out of the two of us will get injured in an automobile accident.
Kevin: One out of the two will be injured in an automobile accident. And then finally, the third component is the $10,000 property damage requirement, which was made law in the state of Florida in the early 1980s. And the reason that that’s important is because in the early 1980s, $10,000 could fix a pretty nice car; $10,000 could buy a pretty nice car. If you’ve suffered any damage to your vehicle within the last couple of years, you probably know it doesn’t take much to do thousands of dollars worth of damage to your vehicle. So, a $10,000 physical damage requirement is something that you need to pay very close attention to when you’re trying to make sure you have enough automobile insurance to cover your liability in an accident.
Frank: And you need to consider if you have any teenagers out there driving. if older people are driving now, their reflexes aren’t as good as they used to be. The other part, too, when you’re talking about property damage, it’s not always necessary for the vehicle you damage. Sometimes there’s collateral damage. An example I saw one time was a guy who ran a dump truck off the ground. The dump truck ran into the dirt and had a fuel spill, and they had to dig up that fuel spill and haul it away for pollution clean up. The fuel spill itself was $6,000. So, that can add in there. So, you do want to consider how much coverage you do buy.
Kevin: Absolutely, and it’s unfortunate, but over 40% of drivers in the state of Florida are driving with either no insurance or with the absolute minimum required by law. and as we’ve just discussed, even the minimum amount can be insignificant if you have any form of bodily injury or property damage resulting from the accident.
Frank: Again, give your agent a call, review your policy, and if youd like a second opinion, give us a call at the Insurance Center of Central Florida. Our number is below.
