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.
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!
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 INSURANCE CENTER CENTRAL FLORIDA TODAY and let us guide you and help save you money and stress!
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.
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.
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.
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.
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.
