Latest News

A Fort Lauderdale FL Insurance Broker Can Explain Important Policy Information

By Mary Badder

A FL insurance broker offers several coverage options to give individuals and families peace of mind.

Lien holders require individuals to maintain comprehensive coverage on their automobiles until the debt is paid. In this way, a damaged or stolen vehicle can be repaired or replaced. These types of policies also protect the owner by covering medical expenses incurred by the policyholder. It also compensates passengers and others involved in an incident.

Homeowners with mortgages are also required to have a policy on their residences. You can insure additional structures on your property and make provisions for replacement of personal property.

If a storm or fire makes your home uninhabitable, your policy should cover the cost of temporary lodgings. Once the damage is repaired, and you have returned to your home, the provider will stop your relocation allowance.

Condominium owners also need homeowner's policies, but they are different from the coverage for a single family home. Your condo policy covers your personal possessions and the interior of your unit. The condo association has policies in place to cover common areas and walls.

For renters, policies include personal liability coverage and protection for furniture, clothing, personal items, and other belongings that are in the home or elsewhere.

Special event coordinators often purchase temporary policies. These cover loss or damage.

Florida residents can purchase coverage for their boat. Policies protect clients in case of physical damage resulting from a collision, liability for injury and property damage, and damage to personal property on the boat. If the boat becomes stranded, policies pay for gas delivery, towing, and assistance. Coverage extends to the Bahamas.

When you have a business, it is very important that you maintain comprehensive coverage. Not only should your protect your company, you need to have policies in place to protect employees and all tangible and intangible assets.

About the Author:

0 Response to "A Fort Lauderdale FL Insurance Broker Can Explain Important Policy Information"