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We offer a variety of coverages based on your specific needs
Florida Law requires to carry a minimum of $10,000 in property damage and
$10,000 in personal injuryPersonal Injury Protection (PIP), Medical
payment:
This coverage pays for the treatment of injuries to the driver and
passengers of the policyholder's car. At its broadest, PIP can cover
medical payments, lost wages and the cost of replacing services normally
performed by someone injured in an auto accident. It may also cover
funeral costs.
Property Damage Liability (PD):
This coverage pays for damage you (or someone driving the car with your
permission) may cause to someone else's property. Usually, this means damage
to someone else’s car, but it also includes damage to lamp posts, telephone
poles, fences, buildings or other structures your car hit.
Auto insurance policy offer other coverage to meet your needs.
Bodily Injury Liability BI:
This coverage applies to injuries that you, the designated driver or
policyholder, cause to someone else. You and family members listed on the
policy are also covered when driving someone else’s car with their
permission.
It’s very important to have enough liability insurance, because if you are
involved in a serious accident, you may be sued for a large sum of money.
Definitely consider buying more than the state-required minimum to protect
assets such as your home and savings.
Collision:
This coverage pays for damage to your car resulting from a collision with
another car, object or as a result of flipping over. It also covers damage
caused by potholes. Collision coverage is generally sold with a deductible
of $250 to $1,000—the higher your deductible, the lower your premium. Even
if you are at fault for the accident, your collision coverage will reimburse
you for the costs of repairing your car, minus the deductible. If you're not
at fault, your insurance company may try to recover the amount they paid you
from the other driver’s insurance company. If they are successful, you'll
also be reimbursed for the deductible.
Comprehensive:
This coverage reimburses you for loss due to theft or damage caused by
something other than a collision with another car or object, such as fire,
falling objects, missiles, explosion, earthquake, windstorm, hail, flood,
vandalism, riot, or contact with animals such as birds or deer.
Comprehensive insurance is usually sold with a $100 to $300 deductible,
though you may want to opt for a higher deductible as a way of lowering your
premium.
Comprehensive insurance will also reimburse you if your windshield is
cracked or shattered. Some companies offer glass coverage with or without a
deductible.
Uninsured and Underinsured Motorist Coverage:
This coverage will reimburse you, a member of your family, or a designated
driver if one of you is hit by an uninsured or hit-and-run driver.
Underinsured motorist coverage comes into play when an at-fault driver has
insufficient insurance to pay for your total loss. This coverage will also
protect you if you are hit as a pedestrian.
Additional coverages are also available under most insurance carriers:
Road Side Emergency Assistance and/or Rental Reimbursement
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Motorcycle insurance policy, will covered
the expense of repairing your bike, medical expenses up to the specified
limit on your policyin case of an incident.Your policy will also financially
help you your bike is stolen.
Accessories: such as backrests, seats, chrome pieces, saddlebags,
back rests, CB radios, etc. can be covered by carrying comprehensive and or
collision coverage.
Bodily injury liability: protection for injury you cause to another
while operating your motorcycle, also renders legal defense in the event
that another party involved in the accident chooses to file suit against
you.
Medical payments: cover medical expenses in the event that the driver
and passenger are injured while operating the motorcycle.
Uninsured motorists: in the event of an accident with an uninsured
driver for which you are not at fault this specific coverage will pay for
your medical expenses.
Comprehensive coverage: will pay for damage to your motorcycle from
theft, vandalism, flood, fire or other covered perils.
Collision coverage: will cover damage to your motorcycle when your
motorcycle hits or is hit by another vehicle or object.
Property damage: pays for damage to someone else\'s property
resulting from an accident for which you are at fault |
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Recreational boat owners need to assess whether
they have adequate insurance coverage before hitting the high seas .
When determining how much you will pay for a boat insurance policy,
insurers will also assess the size, type and value of the boat as well as
the waterways in which it will be navigating
Standard boat policies typically cover damages resulting from a
collision, fire or lightning. Theft and vandalism are covered perils also,
as insured losses for boats can occur on land or in the water
Boat insurance liability provides protection in the event that you are
sued for colliding with another vessel resulting in damages to the vessel
and or its passengers
A boat insurance policy can provide physical damage coverage on an
actual cash value or an agreed amount value basis. There are
distinct differences between the two:
Actual cash value policies pay for replacement costs less
depreciation at the time of the loss. In the event of a total loss, used
boat pricing guides and other resources are used to determine the vessel’s
approximate market value. Partial losses are settled by taking the total
cost of the repair less a percentage for depreciation.
Agreed amount value policies mean that you and your insurer have
agreed on the value of your vessel and in the event of a total loss you will
be paid that amount. Agreed amount value policies also replace old items for
new ones in the event of a partial loss, without any deduction for
depreciation.
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