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.

If you are making payments on your car, the lien holder will require that you purchase comprehensive coverage. When a vehicle is stolen or damaged in some way, this policy provides repair and replacement. Comprehensive coverage also includes a set amount to pay medical expenses you might have, and if you are at fault, the other motorist's medical costs.

If you are a homeowner paying on a mortgage, you will have to maintain a homeowner's policy. This protects your residence and the personal property you have inside it. If you have guns, valuable jewelry, or artwork, you can request additional coverage on these items.

Fire and water damage can make your home unlivable until major repairs have been made. Your policy should include a provision that pays for temporary housing.

You can get a policy if you are a condominium owner. This protects your personal belongings and living space. Common walls and other common areas are covered by the condo association.

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

Insurance is available for special events in case of loss, damage, or other unexpected incidents.

Most people insure valuable personal property assets such a watercraft. These policies cover damage incurred during a boating incident. The coverage usually includes any passengers riding on the boat at the time.

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: