Can I really save money on my homeowners insurance in Florida?

  • April 15, 2019

Far too many homeowners in the great state of Florida are spending A LOT more money on their homeowners insurance than they should be. In fact, many of them are doing so without even realizing it in the first place!

Thankfully though, it’s a lot easier to save quite a bit of money on homeowners insurance in Florida without any real extra effort than most people make it out to be. With the tips and tricks, we include in this quick guide are going to be able to effortlessly save hundreds of dollars every year on insurance and sometimes even more all without having to tackle any real “heavy lifting” along the way.

Shop Around

Researching a dozen or more different homeowners insurance in Florida deals is always going to take a lot more time than just grabbing the first would offer you come across, but it’s almost always going to pay off big time in the long run if you’re willing to put in the effort.

Recommendations from friends and family, research online, and good old-fashioned hard-nosed negotiation with different companies can help you save a bundle on your homeowners insurance.

Boost Your Deductible

Increasing your deductible from $500 (usually the industry standard) to as little as $1000 can end up saving you upwards of 25% – 25% on your annual homeowners insurance in Florida costs right out of the gate.

At that savings rate it doesn’t take very long to squirrel away the extra $500 you have to pay out-of-pocket to cover your new deductible and still have quite a bit of money left over at the end of the year, and then your savings really start to compound after that.

Bundle, Bundle, Bundle!

Another really easy way to save a bucket of money on your homeowners insurance is to simply bundle that insurance policy with your automobile insurance, your motorcycle insurance, your boat insurance generally any other insurance policy you already have and are paying for (or might be paying for in the future). Not only is this move going to help you save a lot of money on your homeowners insurance but it’s also going to help you save a lot of money on all of the other insurance policies that you are bundling together. Move all of your insurance business under a single roof and it’s not hard to save 30% or more across-the-board on your total insurance costs.

How to Receive Cheap FL Auto Insurance

  • April 15, 2019

Anyone that wants to drive legally in Florida (and anywhere else on open roads all over the United States) is going to need to carry automobile insurance. However, there isn’t a single person on the planet happy, eager, or excited to pay even a single penny more for auto insurance than absolutely necessary.

Unfortunately for most, the dream of cheap FL auto insurance is exactly that a dream and nothing more. Most people are spending a lot more on auto insurance than they ever expected, sometimes almost as much for their insurance as they are paying the bank for their car.

Thankfully though, with the tips and tricks below, you won’t have too worried about spending any extra money on auto insurance in Florida any longer. Armed with the inside information below you’re going to be able to find great cheap FL auto insurance with no trouble whatsoever!

Compare AT LEAST five different offers

The worst thing you can do when shopping for insurance, and the one thing you can do to guarantee your spending more money than necessary, is to go with the first car insurance deal you come across. Even if that deal promises the lowest prices around.

Without comparing offers you’ll never know whether or not that really is the best deal around or if it is sky high compared to other great inexpensive deals you wouldn’t have seen without a little bit of digging. Always compare at least five different offers before signing on the dotted line.

Don’t forget to ask about discounts

Almost every car insurance company is going to promise at least some kind of discount for some kind of reason. However many of them have a whole host of “secret discounts” that they don’t actively advertise just because they don’t want to give them away unless they absolutely have to.

It’s important to remember that auto insurance is one of the most competitive commodity businesses around. People don’t fall in love with car insurance companies, they are always looking for a better deal, and that means that these companies are always looking to steal clients from everyone else in the business.

Ask for hidden discounts, extra discounts, or bonus discounts before you sign on the dotted line and you might be surprised to find even better cheap FL auto insurance than the kinds of deals you find advertised online, on TV, or on the radio.

Do I need to purchase business insurance in Florida?

  • April 15, 2019

Each and every year, hundreds of thousands of people in Florida decide that they would love nothing more than to open up their very own business and many of them do exactly that! However, most are unaware of their need for business insurance in Florida.

Unlike a lot of other states throughout the US, Florida makes the process of setting up a brand-new business about as simple and as straightforward as it could possibly be. You don’t have to jump through the same kind of hoops or deal with the red tape in Florida that you would have to deal with in say, Massachusetts – and that gives you a lot of extra flexibility to build the kind of business that you have been dreaming about without having to waste a lot of time (and a lot of money) that you might have had to waste in other parts of the country.

A lot of entrepreneurs in Florida are wondering whether or not they have to invest in business insurance, however. Many wonder whether or not business insurance in Florida is state-mandated or required or if they can get away with running a business without carrying the extra cost of insurance that may or may not be necessary.

In most cases you DO NOT need to carry business insurance in Florida

For the overwhelming majority of situations, employers ARE NOT legally required or mandated to purchase insurance for every single aspect of running a business. This is a big departure from a lot of other states throughout the US and is one of the main reasons that so many businesses decide to set up shop in Florida (along with the fact that there is no state income tax that needs to be paid, either).

Some situations require you to have is this insurance in Florida

In other instances, however, you absolutely WILL have to carry insurance as mandated by the state.

Any business that has four or more employees (including yourself) is going to be required to provide workers compensation insurance protection. If you have a new business in the construction industry, however, you’re going to have to carry that same level of coverage even if you only have a single employee – and that means if you’re the only employee you’ll need this protection, too. If you’re going to be using businesses for commercial use you’ll need to carry specific business insurance for these vehicles as well. Any profession that may be susceptible to being sued will want to take advantage of general liability insurance and professional liability insurance, though this isn’t legally mandated by the state.