March 23, 2014
Northerners have been moving to Florida for decades. Florida is one of the ideal retirement destinations for those who are tired of enduring the extremely cold winters of the northern states. Florida’s consistent balmy temperatures, miles of beaches and year round green golf courses look like paradise to the frostbitten northerners. As northerners move to their southern paradise and find new homes they soon learn that the State of Florida has many challenges when it comes to Florida insurance that make living in this balmy paradise a bit difficult.
High Premium Florida Insurance
In a recent ranking of states with the highest insurance premiums Florida ranked number one. Number five was Oklahoma because of the frequency of tornados destroying properties, number four was Washington, D.C. because of the terrorist attack risk, number three was Louisiana due to the hurricane risk, number two was Texas due to the combination of extreme weather faced by the state and finally the highest ranked state is Florida. Florida is the main target for hurricanes rolling in from the Atlantic Ocean and Gulf of Mexico making in number one in the US for insurance premium cost.
Florida Insurance Danger Zones
Danger zones are tracked throughout the world and deaths due to extreme weather conditions help to rank what areas can be insured. Some areas have extreme cold and others have extreme heat but in Florida the danger zones are due to hurricanes. Just in the last eleven years the State of Florida has been hit by numerous very devastating hurricanes. In 2004 Hurricane Charley struck Florida leaving over 2 million residents with no electricity and caused over $13.5 billion in damages closely followed by Hurricanes France, Ivan and Jeanne both adding $9.5, $8 and $4 billion respectively in damage to the state. Hurricane Dennis caused over $1.5 billion in damage in 2005 the year that flooding from Hurricane Katrina wiped out New Orleans. These disasters have made Florida and some of the surrounding areas very difficult to insure after being categorized as a danger zone due to the high damage history.
Florida Insurance Issues
As if the challenges facing the State of Florida in getting insurance weren’t enough now there are many companies that are stopping all services to the state. These companies have decided that conducting business in the state is too risky and are pulling their services and products from the market. Additionally, there have been issues with shady inspections, fraudulent claims, companies filing bankruptcy and all sorts of shady dealings. Customers have been the victim of many substandard products and have lost their homes and all their property. If you need help finding great insurance in Florida then visit https://FloridaInsuranceQuotes.net. They can provide you a quote from every insurance
The sunshine is a wonderful haven from the cold, harsh weather of the north but with this climate comes with its own set of challenges. If you decide to spend your retirement years in a more hospitable climate just remember the challenges you face in finding a reliable, reasonably priced insurance policy. There are good and reputable Florida insurance companies make sure to fully research who you buy a policy from to ensure they will be there for you when you need them.
March 23, 2014
Auto insurance is pretty much essential for the protection of your vehicle. It’s mainly known as a type of insurance that guarantees the financial protection that you need, in the case of physical damage and/or bodily injury happening to your vehicle and yourself, respectively.
Much of this damage can originate from traffic accidents, though auto insurance also provides people significant protection against liabilities – third parties that may take legal action if they were involved in any accident involving you and your vehicle.
The case for auto insurance
Due to the nature of auto insurance, it’s pretty important for anyone who wants to drive… anywhere within the country, at that. Since anything can happen on the road, it’s important to drive with the protection you need to make sure that driving won’t be uncomfortable and, ultimately, unsafe.
If you’re shopping around for a Florida Auto Insurance policy, you’re not alone. Some people, in fact, may have some difficulties finding the right policy to fit their needs. Well, have you ever wondered what goes into an auto insurance policy? In this short article, we’re going to take a brief look at the types of policies you may find in a standard auto insurance policy.
So… what’s in an auto insurance policy?
Auto insurance policies are actually comprised of several policies at once, specifically designed to provide coverage for your vehicle and yourself in many different ways. So, if you’re looking for Florida Auto Insurance, check out FloridaInsuranceQuotes.net and expect to see the following options in different iterations:
Coverage for liabilities. These policies are designed to help cover liabilities and any expenses resulting from the aforementioned. They usually help cover those particular things when you’re at-fault in an accident, awarding the money to the people who were hit by you, though not the people who may have been traveling with you.
Coverage for bodily injury liabilities. This simply provides coverage for medical expenses, particularly the expenses for people who may have been injured in an accident where you’re at-fault.
Coverage for property damage liabilities. This particular policy generally pays for damage that’s done to other cars, if you’re at-fault in an accident.
Personal injury protection (PIP). This policy is important, as it mainly provides coverage for your medical expenses and the medical expenses of any passengers in your vehicle.
Underinsured/uninsured motorist coverage. This coverage option helps take care of costs in the event of you being hit by someone without insurance and/or minimal insurance coverage.
Coverage for collision. This policy provides coverage for vehicle repairs after you experience an accident.
Comprehensive. This particular policy covers the costs associated with replacing your car if it’s stolen and/or damaged in situations that don’t involve a car accident.
Since pretty much every state across the United States requires drivers to carry some type of auto insurance, it’s important for you to read more information about what your state may require, particularly if you’re in Florida. So, if you’re planning on getting online Florida Auto Insurance, do your research and always talk to the insurance company you’re interested in using before committing to a policy.