Today, you must have several types of insurance to protect you financially during a crisis such as a vehicular accident or devastating storm. You should also have insurance to help pay for expensive medical bills and medications when you have a serious illness. In addition, it is vital to have life insurance to help your spouse and children in case of your death. Finding the best insurance for your needs is often complicated, but a knowledgeable insurance broker can make the process easier. Schedule an appointment with a professional insurance broker to ensure that you are protected financially. Here are six types of insurance you might need in Florida.
1: Condominium Insurance
If you decide to retire in an apartment or condo in Florida, then make sure to have condominium insurance to protect you. Condominium associations in Florida may require you to have a certain amount of coverage to protect the interior of the property. You should also have coverage for additional problems that can occur such as an injury to a visitor to your property.
2: Vehicle Coverage
You probably have a car insurance policy in your home state, but after relocating to Florida, contact a local insurance broker right away. An insurance broker can help you transfer your vehicle insurance coverage. It is vital to have the right type of vehicle coverage required in Florida to avoid having your automobile impounded after an accident.
3: Life Insurance
At any time in life, it will provide peace of mind to have a life insurance policy to help your spouse in the case of your death. Life insurance can provide a lifetime of benefits for survivors, or it can help a surviving spouse during a difficult transition. You may also want to provide money for your adult children after your death by naming them as beneficiaries on your life insurance policy.
4: Watercraft Coverage
One of the best things about retiring or relocating to Florida is that there are beautiful waterways for recreational activities. When you buy a boat in Florida, you need insurance coverage in case you damage property or injure someone. You may also want to have insurance to reimburse you when a hurricane destroys a boat. Contact an insurance broker to learn more about watercraft coverage.
5: Medical Coverage
The rules concerning medical coverage in the United States are frequently changing, but an insurance broker can help you understand what type of policy to have as protection. You may want a policy that covers major health problems, or you might want an extensive policy that pays for minor issues and prescription medications.
6: Renters Insurance
If you decide to rent an apartment or house in Florida rather than buying, then you should have renters insurance. This type of policy is an excellent way to have reimbursement for your possessions during a catastrophic event. When a fire occurs in your apartment, the smoke, flames, and water from the firefighters’ hoses will destroy your valuable items, but with insurance, you can receive financial reimbursement.
Depending on your situation and requirements, there may be other types of insurance you should consider. Feel free to contact us for professional advice and a wide range of insurance options.
Herndon Carr
10501 Six Mile Cypress Pky #101
Fort Myers, FL 33966
239-939-1996
