How umbrella insurance can hear Ft Myers, FL residents

The world is full of risks and the stress that goes along with those risks. When you live in Fort Myers, FL you get the opportunity to take advantage of the area and the weather without worrying from day to day.

Unfortunately, there are risks even in sunny Florida, and at SWFL Insurance Agency Inc. we work to help our clients mitigate those risks. One great way to keep your risks low is by adding an umbrella policy to your already existing policies.

What Is Umbrella Insurance?

Umbrella Insurance is different from other kinds of policies because you can’t get an umbrella policy by itself. You need to have an existing policy, like homeowners or auto insurance, and then add on umbrella insurance. 

What makes umbrella insurance great is the high limit; your umbrella policy goes well above and beyond your normal policy limits with a typical policy usually starting at $1,000,000 worth of coverage. That seems like a lot until you think about it.

An Umbrella Policy In Action

For example, say you carry full coverage auto insurance. A normal policy will max out well below the actual damages for a serious accident, especially if there are multiple people seriously injured.  Once you hit your policy limits, you are responsible for all the damages that still need to be paid, if you are deemed responsible for the accident.

If you have an umbrella policy, it will kick in once your standard policy maxes out. You can relax and recover during that stressful time as your umbrella policy pays out.

You can get umbrella insurance in Fort Myers, FL that will cover your home, auto or business. If you want to find out how umbrella insurance can help you, call SWFL Insurance Agency Inc. today.

What you need to know about Florida auto insurance

For many people in the Fort Myers, FL area, driving a car on a daily basis is a necessity and also an enjoyable experience. When you have your own car in Fort Myers, you will be able to get to work, school, and to all of the local dining options and beach. While having a car is a good idea in Fort Myers, there are some responsibilities that you need to keep in mind. One thing that you must do is get your car insured. There are several things that you need to know about insurance for your Florida car. 

State Minimum Requirements

Like any other state, Florida does require that you carry minimum levels of liability insurance on your car at all times. This will ensure that you are protected if you are at fault in an accident. However, this coverage will only provide protection for damage or injuries that you cause to the other party and will not provide coverage for your vehicle. 

Collision and Comprehensive

For most drivers in Florida, having a full auto insurance policy with collision and comprehensive coverage would be beneficial. When you have this level of coverage in place you can be assured that you will be covered for an issue that could cause a loss. Further, any auto lender will require that you have this.

Florida auto insurance laws can be complicated. Because of this, those that are in the Fort Myers, FL area and need to find an auto insurance policy need to reach out to the team at SWFL Insurance Agency Inc. When you come to meet with the professionals at SWFL Insurance Agency Inc. you can learn more about your auto insurance needs and what type of policy will protect you the right way.

Motorcycle Insurance: Why a Basic Policy May Not Be Enough

Many motorcycle owners in the greater Fort Myers, FL area are content with collision damage or other basic insurance coverage for their motorcycles. At the SWFL Insurance Agency Inc., we recommend comprehensive motorcycle insurance for our clients for many reasons. If you are a seasoned motorcycle owner who would like to upgrade your policy, or are just getting into the joys of motorcycle ownership and need your initial policy, our team is here to help. Comprehensive coverage can help protect you from damage to your motorcycle as well as coverage in the event of injury to yourself or your passenger.

Basic Motorcycle Policies May Not Provide the Coverage You Need

There are many bike owners who are content with the bare minimum when it comes to insurance. However, there are many more comprehensive policies that are available in Florida, and it’s worth spending the time and effort to find out more about them. Collision insurance can help you to replace or repair your bike in the event that it is damaged or stolen, but what if you are in an accident that causes injury to yourself or the other party? There are also situations where your bike can cause damage to another person’s property and you can be held liable. Don’t be caught with inadequate insurance that can cause you to be financially responsible for any loss. With comprehensive insurance, you can protect yourself, your passengers, and your financial assets. 

Find out more about the options that are available for motorcycle insurance in the greater Fort Myers, FL area. The team at SWFL Insurance Agency Inc. are here to provide you with the guidance you need in order to make an informed decision about the right motorcycle policy for your needs.

What does my renters insurance cover?

Disasters in Florida are quite common, and many renters are having difficulty securing their homes and belongings. Renting is on the rise particularly in Fort Myers, FL and other areas, and therefore renters insurance is one of the most valuable financial protection for renters.

Renters insurance protects you, your family and your belongings in case of an accident or disaster attack. Many renters assume that the landlord already purchased an insurance policy to protect their homes, but unfortunately, this is never the case–the landlord only insures what he or she owns which is the house structure itself. At SWFL Insurance Agency Inc. we recommend every tenant to purchase renters insurance and stay protected.

What renters insurance covers

Before purchasing insurance, it is quite critical that you know what is being covered to avoid confusion.

Personal property

A comprehensive renters insurance pays or replaces your personal property like clothes, furniture, appliances, and other personal items. In case of a disaster, your insurance company will assess the damage and determine what will be repaired and what will be replaced.

Liability &medical expenses

If someone is injured in your apartment, liability coverage in your renter’s insurance will pay for medical bills and any lawsuit if you are sued.

Temporary living costs

In case your home is too damaged, you may need to find temporary housing before your home is fixed. Your insurance company will take care of all the living expenses you incur until you move back to your previous home.

other coverages

  • Credit card coverage
  • Items store elsewhere
  • Food
  • Other people’s property

Securing your family and property is very important. However, this may not be accomplished without a certified insurance company like SWFL Insurance Agency Inc. in Fort Myers, FL. We ensure that all your insurance needs are taken care of. Visit or call us for more.

Fort Myers Flood Insurance Mandatory or Not SWFL Insurance Agency Inc.has Information that You Must Know

SWFL Insurance Agency Inc. provides flood insurance service seriously for our Fort Myers, FL area customers. We suggest going with the highest level of insurance available and don’t take chances since nearly every area in Fort Myers, FL is in a flood zone. 

Since 1968, flood insurances has been mandated in a home that has a mortgage. Many renters will also choose to cover any of their personal damages with another small flood insurance policy. It’s important to know what flood zone that you live in.

Rethinking Your Current Flood Insurance or Possibly Dropping It?

A couple of things that you must keep in mind is that if a storm or hurricane hits, you cannot buy flood insurance and have it approved until a 30-day waiting period. Also, if your area hasn’t flooded in the past years, you definitely shouldn’t play those odds and go without it. 

High waters can come unexpectedly and don’t have to be accompanied by a hurricane, which would most likely mean FEMA won’t stop in with any kind of storm damage repairs or finances. 

Protect Your Family and Home with Flood Insurance from SWFL Insurance Agency Inc. 

Maybe your flood insurance isn’t mandatory, but it won’t just be included in your homeowner’s policies. Most of our current clients prefer to add on additional flood insurance because it’s a smart idea. Floods are the first natural disaster out of any natural disaster when it comes to the amounts of times that we experience them. All properties in Florida may be in a flood zone but not all have mandatory flood zone requirements. 

What Should I Expect When I Purchase Flood Insurance?

Lee County, highly depends on which flood zone that you reside in. Other things that affect the premium is the type of the structure, required elevation, how elevated your floor is to the ground it is one, and whether you are in a FEMA Flood Zone. 

3 Things to Know About Condo Insurance

Because condo owners only own their unit as opposed to the larger structure, condo insurance can become complicated quickly. Condo owners and the larger board may have very different ideas of who is responsible for what, and these details may only be revealed after an event occurs. SWFL Insurance Agency Inc. wants the people of Fort Myers, FL to have all the facts before they purchase a new policy or update the terms of their existing one.

Your HOA Has Its Own Terms 

This one may seem obvious to a condo owner who’s already been dealing with a board, but not everyone realizes just how complicated these terms can get. If the HOA doesn’t perform a formal review of your insurance policy, it’s your responsibility to understand their conditions and cover both your space and any communal space deemed necessary by the board.

Condo Insurance Covers Liability

There are a lot of reasons a condo owner may need liability insurance. Your dog unexpectedly bites a guest. Your child accidentally leaves a toy in the middle of the hallway floor and a fellow condo owner falls. From medical bills to lawsuits, liability insurance is included with your condo insurance so you have a way to pay your bills. Condo owners need to examine their policy limits to ensure they have enough insurance to cover a major event. 

Your Carrier Matters 

Your insurance carrier matters when it comes to how you structure your policy and how your claims are processed. If you have any questions about what condo insurance can do for you, call SWFL Insurance Agency Inc. for more information. We help the people of Fort Myers, FL get all the information they need, so they can keep their cool no matter what happens. 

 

 

Safety Devices and Boat Insurance Ensure a Worry-Free Family Vacation

If you just bought a new boat for your family to enjoy on the waters around Fort Myers, FL, your local agent at SWFL Insurance Agency Inc. reminds you that you need more than a boat insurance policy to be fully protected on the high seas.

Minimum Safety Requirements for Boats Under 16-feet

State and Federal regulations apply when you take your new recreational boat out to see. Before registering your craft you must undergo an inspection and demonstrate that at the least you have enough flotation devices on board, a fire extinguisher, flare, noise maker, appropriate marker lights, and a backfire prevention device on your motor. If your boat is larger than 16-feet, there may be additional safety items required. Check with your local Coast Guard unit for details.

Recommended Equipment for Peace of Mind

Just because you meet the minimum requirements does not mean that you shouldn’t consider adding even more safety items and technology upgrades. A radio and GPS location beacon can summon help when you need it. Cell towers don’t exist off the coast. Think about an extra flotation device such as a raft or ring if you have space.

Boat Insurance Takes Care of Expenses After an Accident

Finally, don’t forget to discuss boat insurance with your Fort Myers, FL area agent. Not only will your policy help to repair or replace your boat, but it can also help to cover medical and property damage expenses in the case of an accident while at sea. Your friends and family will want to enjoy the time on the water without worrying about what happens if something goes wrong.  An effective boat insurance policy from SWFL Insurance Agency Inc. will protect your wallet in time of need. Give us a call and ask us for a quote today.

Why Your Tax Preparation Business Needs Commercial Insurance Today

With the tax season officially opened for 2019, covering your tax preparation business is essential with insurance. Like any other business, tax preparers can find their business in accidents and situations that require quality commercial insurance. For tax preparers in Fort Myers, FL, SWFL Insurance Agency Inc. understand the importance of commercial insurance and the need for unique coverage depending on the business and its needs.

Liability Coverage

Liability coverage for any business is essential. For tax preparers, the work season is condensed, often causing high traffic in small spaces. Clients and their children can be found in the lobbies of the office from open to close. Because of this volume, the risk for accidents and liability increase. Should an unforeseen accident occur, a liability claim can be filed and your insurance will cover any associated expenses, allowing your business to continue daily operations during this time. 

Errors & Omissions Coverage

Many businesses find the need for errors and omissions coverage in their commercial insurance policy. Unfortunately, errors by your business can happen during high volume times and can cause significant financial damages in claims. With tax preparation, this service is delicate and tedious, making it a risk for errors and lawsuits if the IRS decides to audit a client and find mistakes that were inadvertent. Not being covered can cause out-of-pocket expenses, and close the doors to small tax businesses.

Contact Us Today

If you have a tax preparation business in or around the Fort Myers, FL area and are not insured with commercial insurance, contact one of our agents at SWFL Insurance Agency Inc. for more information regarding a policy. If you think you need to add to your current commercial insurance policy, we can upgrade your policy to customize your business needs. 

What is included with home insurance?

Buying a home is a very big investment. When you are looking to purchase a home, you will want to make sure that you have home insurance in place at all times. There are a variety of benefits that come with a home insurance policy, each of which can provide you with valuable protection. 

Covers Your Home

One of the most important types of coverage that you will receive in your home insurance policy is coverage for damage to your property. When you live in the Fort Myers, FL area, you are always running the risk of having your home damaged by storm, fire, or a variety of other casualties. When you have a home insurance policy in place, you will receive coverage for losses you incur in these situations. This could ultimately save you a significant amount of money.

Liability Coverage

An additional benefit that comes with home insurance is that you will receive liability coverage. If you are an owner of a home, you are taking on risk if you have a guest over to your home. If the guest is injured or comes ill while they are at your property, you could be considered liable. In these situations, your home insurance policy will come in handy as you will have a liability insurance coverage component in your home insurance. 

If you are looking for a home insurance policy in the Fort Myers, FL area, you should first visit with the team at SWFL Insurance Agency Inc. When you meet with the agents with SWFL Insurance Agency Inc. you will learn far more about all of the benefits that come with it and how it can protect you. 

What does it mean when your vehicle has been totaled?

Getting into an auto accident is aggravating enough. However, the unhappiness increases if your insurance company tells you that your vehicle has been totaled. That means you have to shell out more money to buy a new ride. And, if your car is not an obvious mangled pile of junk, the assessment seems unfair. Unfortunately, as the SWFL Insurance Agency Inc. serving Fort Myers, FL, explains, whether or not a car has been totaled stems from the economics of the automobile industry.

Essentially, when a car is totaled, the cost of repairing it, including such expenses as the tow from the accident site and the rental car cost, is greater than the appraised value of the model, make, and year of your vehicle. In short, it would cost more to repair the car than it would to buy an equivalent on the used vehicle market.

If your car is totaled, you have two options.

First, you can accept the settlement from the insurance company, based on the appraised cash value. You likely will not have enough money to buy a new car, but at least you have a substantial down payment.

Second, you can accept the settlement and use it plus whatever cash you have in your pocket to get your vehicle fixed. You might be attached to your car and cannot bear to part with it. Usually, this option is not recommended. A new car, at least, will not have the wear and tear your old vehicle has, even if the repair job makes it seem like new.

For more questions on auto insurance feel free to contact the SWFL Insurance Agency Inc. serving Fort Myers, FL.