FAQs

/FAQs

At Herndon Carr & Co, we offer businesses throughout Florida a broad range of Group Benefits services, including enrollment coordination of their plans. This allows your business to focus on profit-generating activities instead of employee benefit administration.Employee Benefits for all types of business and industry.

Our solutions are tailored to your needs and your operation. Through our easy-to-use, intuitive website portal called Benergy, plan administrators can showcase their Benefit packages to prospective new hires, and access forms when signing up employees. They can also manage open enrollment and ongoing life event changes while allowing employees to make informed benefits decisions quickly and easily.

Employees can review plan details, compare plans, and enroll using a quick, multi-step process. In addition, employees can contact the employee benefits specialists at Herndon Carr & Co with questions regarding their specific concerns, changes, etc.

Home insurance provides coverage to protect your home from major damage from man made and natural causes except floods.

Condo insurance differs from homeowners insurance as it excludes areas already covered by the building owner and is usually less expensive. It differs from renters insurance, since it may cover structural components usually not the responsibility of a renter and therefore may be more expensive.

In 2013 FEMA began the process of redrawing many of the maps that determine who is in a flood zone in Florida, and therefore determine who needs to buy flood insurance. Because of this, it is important that everyone understands what flood insurance covers and how to determine if they need to make this investment.

Renter’s insurance is one of the best and least expensive types of coverage that a person or family in Fort Myers can buy in today’s market. Running as low as $10-$20 per month.

This type of insurance protects all of the belongings of anyone who is renting their residence, and in many cases can even provide some basic liability coverage. However, it is important to understand what is and isn’t covered.

Essentially, this insurance covers everything in a tenant’s home or apartment that is not an integral part of the structure. Because the structure of a dwelling is not owned by the tenant, it is not his or her responsibility to fix damage that occurs, for example, as a result of a natural disaster.

No one wants to have a lawsuit filed against them. The effects of a lawsuit can be devastating and may result in loss of your financial assets, home, vehicles or future earnings. If someone is injured on your SW Florida property or suffers serious injury as a result of an accident caused by you, your spouse or child, you could be found to be legally liable. However, a personal liability policy or an umbrella policy is an affordable way to protect your family.

There are many things that a typical home insurance policy is not going to cover. This is especially true if your home is not typical. At Herndon Carr & Co. we want to provide owners of the finest built homes in Southwest Florida with equally exceptional coverage. Coverage that is flexible to meet your unique requirements, including customized options for additional living expenses, contents of the home and other structures on the property.

Finding a high quality and affordable auto insurance policy can be hard, but it is an important financial decision. By employing an independent insurance broker, you will have an experienced local agent find the right policy for you that will be cost-effective, but provide you with the highest possible level of coverage.

Although the law does not require that motorcycle owners over the age of 21 must have insurance to register a vehicle with DMV, any who do not wear a helmet must carry proof of a $10,000 medical insurance policy. Because Florida’s no-fault insurance laws do not cover motorcycles, the Personal Injury Protection that most drivers have to cover their own medical bills in case of an accident, is not available to motorcycle operators.

When people think of RVs, traditional motor homes generally come to mind. However, travel trailers and medium duty tow vehicles may also be covered by RV insurance. Certain vehicles are obviously intended for limited use and may not be used for full-time dwelling while others can be used for travel and as a living space all year. People who wish to only use their vehicle seasonally may be able to take advantage of benefits insurance companies offer to part-timers. Examples may include a lower premium rate during the times of year when the vehicle will not be in use.

However, people who intend to travel and live in their RV full time should opt for full-time coverage. Emergency insurance that will cover a vehicle in the event of fire or other damage is also recommended for policy holders who choose to use their RV for residential purposes. In addition to insuring the vehicle itself, RV owners should consider the items they plan to store in the vehicle’s cabin. Not getting enough insurance is a common mistake many recreational vehicle owners make. Insuring the contents can come in handy in the event that an expensive electronic or other item is stolen or damaged.

It is a contract that is made between the insurance company and the person who is insured. The insurance policy states that the company will pay a specific amount of money to the person(s) listed as beneficiaries in the policy in the event of the insured person’s death. Until the insured person dies, premium payments must be made to the company.

Many individuals believe because they work at a non-hazardous job they needn’t worry about disability insurance. Should an injury or a lengthy illness occur, they assume their employer’s disability insurance plan will cover their needs.

Nothing may be further from the truth. 43 percent of workers over the age of 40 are likely to require disability coverage at some point in their working lives, and according to the Council for Disability Awareness, the average long-term disability absence from work is 2.5 years. Unless the worker has adequate disability coverage, they may find themselves in financial ruin.

Long-term care insurance pays for basic daily needs when they are needed for an extended period of time. It should be noted that health care insurance is different from long-term care insurance. A health care policy will usually pay for medical procedures, whereas a long-term care policy pays to help people carry out basic daily living tasks. From dressing to bathing, the policy will pay someone to help the policyholder with regular things that occur on a daily basis.

If available, group insurance is generally a better option, since it is usually more comprehensive. However, individual coverage is infinitely better than being uninsured in the event of illness or injury. Although you may think you can do without health insurance, you are taking a major risk if you choose not to get coverage. An unexpected illness or serious injury can put you and your family in financial peril. In a group insurance situation, the provisions of the policy are negotiated between the insurer and master policy owner (usually an employer or association). With individual insurance, you are directly in control of your policy. You can negotiate to have certain provisions included or excluded, and you can often choose your deductible amount and co-payment percentage. Keep in mind, however, that these things will affect your premiums.

Disasters may strike at anytime. From fires to flood or hurricane damage, it is virtually impossible to predict when extreme weather will cause damage to a building or when an accident will happen. Building owners who have experienced the devastating effects of a natural disaster know the great expense that is involved with repairing damaged building structures and other personal property. Therefore, it is better to be prepared with adequate insurance coverage than to risk being required to make a substantial investment in repairing and rebuilding after the proverbial storm.

For the most part, it is a type of property insurance. Many times, it is referred to as Course of Construction. The purpose behind the policy is that it provides coverage for a piece of construction while it is in the construction phase.