Popular Forms of Florida Insurance

Insurance is a necessary part of our modern world. In many ways, our civilization couldn’t rationally function without. Because of insurance we are able to mitigate many more risks that allow all of us, as a whole, to go on with our lives every day. However, that doesn’t mean every form of insurance is worth having. Many are, frankly, a waste of money. So if you’re living in Florida, this article is for you. It will describe the most popular forms of Florida insurance so you have a better idea of what policies you need. After you read it you can contact a Florida Insurance company like https://floridainsurancequotes.net to get a quote.

Homeowners Insurance

This one’s easy. If you own a home or are in the process of purchasing one, you need homeowners insurance. It’s as simple as that. There are a number of reasons for this though. First, just think about the weather in Florida. If you’re living on or near any of the coasts, you can be at risk of a hurricane. Those storms will tear through your house and insurance is the only way to get back on your feet. But there are also tropical storms that can make their way inland, many of which trigger flooding.

Secondly, if you want a mortgage then homeowners is a form of Florida insurance you can’t go without. No banks is going to invest thousands of dollars in your home if you’re not willing to insure it.

Auto Insurance

Here’s another no brainer. When it comes to Florida insurance, here’s one you absolutely have to have. No, seriously. It’s legally required for you to operate a car. If you get behind the wheel without having insurance, you can expect a very hefty fine. Even if you’re a great driver, you never know who can cause an accident and leave you in hot water for not having insurance.

Marine Inland Insurance

Admittedly, this is a type of Florida insurance that not everyone needs. But if you operate a business that involves transporting equipment, you should think about it. Technically, this form of insurance was originally for marine vessels (hence the name), but nowadays it’s for any property that gets made mobile. So you could use it for just about anything you own, but it probably makes the most sense for business owners.

Liability Insurance

This insurance essentially covers all your bases should you ever be sued for things that could basically happen to anybody (so, no, this won’t cover you for malpractice, for example). There’s also such thing as Umbrella Liability, which really covers every last thing you can think of. Accidents do happen, after all, so it’s important to be prepared. Furthermore, sad as it is to say, we live in a very litigious culture. People will sue for just about anything these days, so it can help to have insurance to cover you.

While there are a number of other types of insurance out there, these 4 are probably the best 4 forms of Florida insurance for you to think about. Be sure to consider whom you receive your insurance from too. Don’t be afraid to shop around.


It’s no understatement to say that healthcare reform and Florida health insurance have been at the fore of political debate and public conversation over the past year.  There have been a lot of things said on both sides of the debate, so let this serve as a quick (and objective) Q&A on the subject.


            Yes—while both parties differ wildly (to put it mildly) on how to reform our healthcare system, given that it’s the costliest in the world, grossly inefficient, and poses financial and medical problems for millions of Americans, change of some kind is necessary.


            First, you’ll want to log onto healthcare.gov.  While the site has had some drastic repair work done to it since its nightmarish launch and runs much more smoothly now, it still has some definite problems with the operating system, so you’ll want to be patient.  You will then be asked to answer a standard questionnaire and go through an extensive assessment process, after which you should receive an optimized report on what plans might be best for you, and from there you can shop various plans made available to you on the site.


            There has been a lot of heated debate over this question, with both sides of the political spectrum making arguments and statements which are, on their own, problematic when not taken into account with regard to the full context of the healthcare overall and healthcare situation in the nation.  Simply put—there’s no one, clear answer, at least not right now.  Some plans and employers may allow you to keep the insurance and doctors you currently have, while in other cases you may need to swap one or even both.  This is a process which is still being largely explored and rectified, and so it will take some time before patterns emerge which are definite enough to give a more comprehensive answer to this question.


            Yes—insurance companies can no longer deny you based on a preexisting condition.  This point was one of the main moral arguments made in favor of healthcare reform, that denying people based on preexisting conditions is unfair and immoral.  The downside to this, from a financial standpoint, is two-fold.  First, to cover those who need health insurance to cover such preexisting conditions, companies must either raise prices, drop some customers, or else other factors must mitigate the cost.  One such factor is making health insurance mandatory in a certain sense, so that those paying into the system who are healthy may offset the cost of those who are looking to have access to health insurance to help their with their own medical maladies.  This leads into the next question…


            The short answer?  You’re highly incentivized to do so.  The long answer?  You will face a tax penalty if you are not insured for three consecutive months (this penalty does not kick in until the three-month mark.)


            If your plan A. has been in existence since March 23rd of 2010 and B. meets certain requirements of the Affordable Care Act, it will be grandfathered in.  Otherwise, your plan may be vulnerable and may be subject to change.

Tips For Buying Renters Insurance

If you’ve ever heard about certain forms of insurance that ‘weren’t required,’ think about them again before you believe that statement. Although there are some insurance policies that many industry experts consider superfluous, like whole life insurance, insurance policies like renter’s insurance are a necessity for many people.


Renter’s insurance, for one, protects your personal belongings and your quality of life when your place of residence is a rental property. Although the landlord themselves insures the entire building, they’re not obligated to insure your individual unit or home. Thanks to this, it’s important to have some type of insurance in place to make sure you’re not unprotected against sudden occurrences.


Due to the nature of renter’s insurance, most plans are pretty inexpensive. So, if you look for Florida renter’s insurance quotes, you’re guaranteed to find at least two to three quotes that are considered fair rates for the insurance policy. Though, that doesn’t mean there’s nothing wrong with shopping around.


You’re likely, for one, to get an even better discount on your renter’s insurance policy if you provide more information to prospective insurance providers or even an online insurance quote tool.


Many resources have even mentioned – countless times at that – that you can get better discounts on renter’s insurance according to the information you provide. So, if you have something like a security system installed into your home, you can potentially get a discount on your renter’s insurance policy.


Of course, getting renter’s insurance isn’t only about getting discounts. It’s also about protecting the internal contents of your unit, your unit itself and the people living there, including yourself. To provide another example, many renter’s insurance policies protect against theft, especially in cases where you need to cover the costs of stolen items.


In most cases, your renter’s insurance policy will cover the depreciated value of such items, or its full replacement value, if your policy allows it. Some renter’s insurance policies even protect against identity theft.


Another little known thing about renter’s insurance is that you can actually use the insurance policy to cover items that were lost while traveling. Most airlines generally only reimburse customers a fixed amount, in many cases, much less than the lost item’s total worth.


Renter’s insurance policies, on the other hand, can help cover the remaining cost of those items, sometimes most of the costs, which makes them incredibly valuable for people who travel.


People who travel a lot, in fact, can benefit the most from renter’s insurance, as it provides them a way to protect their home when they’re away. Naturally, anyone who needs additional coverage for their rental property should always consider renter’s insurance.

Relocating to Florida

From the time in the early 1500’s that Ponce de León named the state “The place of flowers” (La Florida) people have been discovering the beauty of the great state in each generation.  The Sunshine state is beautiful any day of the week.  You can thaw out from a northern location.  Find beaches to just breathe and let your hair down.  Maybe even try one of the best casinos on the East coast south of Atlantic City. Well then it comes down to that day when both of you are looking over 30 years and the payday pension is sitting in the bank.  Every dog has his day and it looks like you get to breathe easy and walk into retirement with a smile on your face.  You’ve been down to Miami a couple of times.  You even toured through St. Augustine and hung out at Daytona during bike week just to see how the wild side lives.  All those shopping malls and spas spilling down the highway as you rent those sports cars in the sunshine.

So you both sit down across the kitchen table during a January snow storm.  You’re counting down to the magic day.  Maybe you should just go for it.  Go ahead and move down there to Paradise.  You’re not alone.  1000 people a day move down to Florida.  That’s not the only thing.  An estimated full 50% of those people move back to their home state.  Is Florida for you?  Well there are some things to consider.


Well what happens when you compare tax rates for Florida?  The state taxes in Florida are something to consider. The good news is that there is no state income tax, so that saves you some money.  The first thing to consider is that Florida has a 6% sales tax on goods.  That may or may not add up for you.  Oregon has no state sales tax while other states have higher sales tax during the year.  There are some special taxes in the Florida tax structure.  There is the tangible tax.  This tax is applied to anything used in business unless the business activity regards real estate.  A more unique tax is the intangible tax. Enacted in 1931 to raise state revenue, this tax is exacted on paper assets such as mutual funds, CD’s and other long-term financial instruments.  Before relocating please check with a CPA familiar with these unique Florida laws to see how it will impact your nest egg. You need to make sure to perform due diligence, especially if you have different assets you that could be impacted by a change of residency.


What happens when you call around for Florida insurance quotes or better yet, go online to somewhere like https://floridainsurancequotes.net?  Florida, with all of its amenities has a few unique insurance situations.  Because it is surrounded by the ocean, flood insurance is a necessity, and especially if you decide to move to one of the coastal resort towns like St. Augustine, Cocoa Beach, Daytona Beach or Miami.  Past that, the rates for car insurance and homeowner’s insurance tend to be a higher than the national average. The auto insurance industry ends up higher. The state requirements around carrying certain levels of insurance are lower on the liability end.  Insurance companies tend to charge Florida residents more for different factors unique to Florida drivers.  The same goes for homeowner’s insurance, although a person can find a deal wherever they live.  Because 80% of people live in flood prone areas, the insurance industry tends to charge more for those who need to carry coverage for floods.  Florida also get hit with more hurricanes than any other state, which tends to makes insurance companies nervous.


What happens when you get Florida tourism quotes?  That’s where you discover the same thing as Ponce de León.  What draws people to take a trip or two to Florida is the same reason people find it paradise on earth to live year round.  Some people love the access to deep-sea fishing.  Other people are happy to live around the sea-ports and have a convenient jumping off point for a host of cruise line options. Many people, who have struggled with their arthritis or respiratory health in the winter, or in large cities, find the mild weather helpful.  Florida reports lower rates than the national average for terminal problems with heart disease or chronic lung problems.  There are always the theme parks and water parks to visit when the grandchildren want to come and stay.  Florida is also the location to some of the country’s premier golf courses. Likewise there are more than 700 campsites totaling well over 10,000 campsites.  Almost all of these hold facilities for recreational vehicles.

So whether you start calling or go online to get Florida insurance quotes, tax quotes or tourism quotes, you can be rest assured the Sunshine state will be a great host to you whether you decide to relocate or just take another trip.