Do you know that South Florida has some of the highest number of people uninsured in America? And we are talking about all sorts of insurance from car insurance to homeowners and renters insurance. Here are some breakouts that may bring you an awareness of how under-insured you and/or your neighbors may be.
Florida has one of the highest percentages of uninsured motorists of any state. In 2019, the average number of uninsured motorists in America was about 13 percent which translates to approximately 215 million drivers having insurance. This figure varies considerably from state to state. For example Maine has the lowest percentage of uninsured motorists at 4.5 percent. On the far end of the spectrum, Florida checks in with an astounding 26.7 percent of drivers without proper car insurance!
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What That Means to You
With over one-quarter of drivers on the Florida roads not being properly insured, if you are involved in an accident there is a greater than one in four chance that the other driver does not have insurance. To help those drivers in Palm Beach, Broward, Lee, Martin and Collier Counties, All Risk Insurance offers uninsured motorist insurance that will protect you and your families. Call 561.395.5220 for a free quote.
When most people think about personal insurance they think about health insurance. For most people there are other personal insurance needs that are skipped over. They include insurance for personal items such as jewelry, art and other personal items. These items may not be covered or are only partially covered by your homeowner’s policy. In addition, your homeowner’s policy may have a significant deductible that can cost you a considerable amount of money.
What That Means to You
If you live in the Boca Raton and Delray Beach area, contact All Risk Insurance to review your homeowners policy and make sure your policy best meets your needs. We will be happy to discuss your personal insurance requirements and provide a free insurance quote to make sure you are properly covered.
Getting property or renters insurance in Florida is not a low cost issue. According to the Insurance Information Institute, Florida has the second highest rates in the nation for home insurance. While the national average home insurance premium is around $1,211 per year, the annual premium in Florida for home insurance is $1,951. Part of the reason is the high occurrence of hurricanes, floods and other natural issues. While flood insurance is not required in many areas, about 20 percent of flood claims come from moderate to low risk areas.
What That Means to You
While about 95% of home owners in America have homeowners insurance, many do not have any flood insurance even though many believe their homeowner’s policy covers floods. There are several key areas that your homeowner’s policy should cover including your property, your possessions, liability coverage and medical coverage from accidents.
The professional staff of All Risk Insurance is here to discuss all your insurance needs. Feel free to contact us to discuss what type of policies are best for you.
Hurricane Season 2020 is upon us here in South Florida. The right time to prepare for a hurricane is NOW, not in the crazed few days before it arrives.
This helpful hurricane preparedness checklist will get you started.
Make sure to include your entire family in the preparation and emergency planning.
Keep in mind the current Covid-19 Pandemic in all your preparations.
EMERGENCY COMMUNICATION: Organize important contact information (Family, School, Doctors, Work, etc.). Be sure to include all phone/cellphone numbers and email addresses, and remember to include your auto insurance and health insurance card(s). All Risk Insurance Group 561-395-5220 in Boca Raton.
MEDICATIONS & HEALTH NECESSITIES: Medications for at least one week and copies of prescriptions. Extra eyeglasses/contact lenses and prescriptions. Medical equipment/assistive technology and backup batteries. First aid kit. *Be sure to include Covid-19 testing details if applicable*
CRITICAL DOCUMENTS: Photo ID (driver’s license, passport). Cash and credit cards. Personal records (birth certificates/marriage license). Medical records, living wills and power of attorney. Financial information (bank account or credit card information). Property records (homeowners insurance and other policies, deed or lease). Store these in a waterproof, portable container to ensure the safety of these important documents.
TOOLS & SAFETY ITEMS: Flashlight, Multi-purpose tool, matches or lighter, also stored in a waterproof container. Extra batteries and chargers for electrical equipment AM/FM radio/NOAA Weather Radio. A portable residential backup generator if possible.
FOOD/SUPPLIES: It is best to plan on having at least a three-day supply of water and non-perishable food, per person. There was no electricity and there were long lines for necessities like bags of ice in Delray Beach and Boca Raton and Deerfield after Hurricane Wilma in 2005. Infant formula and diapers, pet food, supplies, and extra water if available and coolers and ice bags.
HYGIENE & SANITATION: Soap/disinfectant/sanitizer (remember we are still managing Covid-19). Paper towels/moist towelettes, toilet paper, bleach, toothbrush and toothpaste. Include extra gloves and masks.
PROTECTIVE GEAR & CLOTHING: Extra warm clothes, shoes/boots, blankets or sleeping bags. Include extra gloves and masks.
COMFORT & PRICELESS ITEMS: Books, puzzles, favorite stuffed toy and board games. Photo albums and irreplaceable valuables.
DURING A HURRICANE: When a tropical storm or hurricane watch is issued, stay informed. Be sure to upload all necessary apps to your cell phone and know your local radio stations.
It is always best to have an evacuation plan in place well before you need one. In case of evacuation, have a travel bag prepared. Be sure to locate your evacuation route and local shelter.
While a direct hit from a major hurricane in your community isn’t a certainty, wouldn’t you be better off having the peace of mind of knowing your home and your belongings were protected in the event a hurricane strikes? The experienced and caring insurance agents here at All Risk would be happy to review your homeowners insurance to make sure your South Florida home is covered adequately.
All parents want their teenage children to have the very best. This includes making sure they are well protected on I-95, Federal Highway and other South Florida area roadways by having a safe car and the best available auto insurance coverage.
But having the best auto coverage for your teen doesn’t always mean it needs to cost the most.
Here are some tips for saving money on your teenager’s auto insurance coverage:
Be sure to ask your All Risk Group insurance agent about how you can save money on your teen’s auto insurance coverage. From Boca Raton to Palm Beach, Davie to Delray Beach, If you would like a complimentary consultation or need help with any other type of personal or commercial insurance, please feel free to contact our auto insurance agents today, we’d be glad to help!
5 Surprisingly Easy Ways You Can Protect Your Florida Business in 2019
Consider Getting Commercial Insurance
Of course, entrepreneurs have to take several vital steps before starting a business here is Florida. It might be necessary to buy insurance, obtain financing, and write a business plan. However, Florida business owners often get confused by the sheer number of available options when they start to search for commercial insurance coverage.
The experience can be overwhelming, especially for people who have never purchased business insurance coverage before. Consider the following things when shopping for business insurance to minimize exposure to risk, meet legal requirements, and save as much money as you can.
Know Your Potential Risks
Industries are different, and so are the risks various enterprises are likely to face. For example, a restaurant owner on Atlantic Ave. in Delray Beach should consider what would happen if a customer came back complaining of food poisoning or if a customer slipped and fell on the way to their table. while construction industry people such as roofers on Glades Road in Boca Raton or plumbers in Pompano Beach should be concerned about being sued due to a mistake made executing a project.
Product liability coverage can protect a restaurant owner if a customer files a lawsuit after consuming bad food while professional liability insurance protects experts such as accountants, lawyers and insurance agents from lawsuits related to numerical or omission errors.
As an entrepreneur, take time to evaluate the risks that your industry is likely to face to purchase the appropriate coverage for your venture.
Work with Reputable Insurers
Of course, the rating is the best way to know that you’re dealing with a reputable insurance company. Look for a large, stable insurance company with an A rating because they are likely to offer consistent terms, prompt payouts, and reliable coverage. A-rated carriers are also top-tier in the industry and are known for their unmatched products.
Work with licensed insurance agents ( like All Risk Insurance in Boca Raton with an A+ BBB Rating ) to make sure that you’re purchasing insurance policies from a trustworthy insurance carrier. A seasoned insurance company can also help a client save a lot of money through products bundling.
Your coverage includes a deductible, which is the amount you’re responsible for paying in case someone files a claim for a covered loss. Your insurer will cover the compensation up to the limit of the policy. However, entrepreneurs often get tempted to purchase coverage with a high deductible to lower their premium. A high deductible might be more than what your business can afford if you will have to file a claim.
Understand Your Legal Obligations
Though not all small businesses here in Florida are required to insure themselves, some depend on other requirements and Florida state and industry laws. For example, a landlord in Fort Lauderdale might ask an entrepreneur to purchase general liability insurance before renting them a commercial space.
It may also be a requirement to buy worker’s compensation insurance. As such, it has become critical for business owners to research their industry’s legal obligations before purchasing insurance coverage. Some of the more popular industries in Florida right now are healthcare, tourism, and construction. Each industry has trade associations you can consult with to find out your legal obligations - or you can ask your friendly business insurance agent like the team at All Risk Insurance in Boca Raton.
Prioritize the Policy over Coverage Costs
The next thing a Florida business owner would want to consider after identifying the right policy for their business is the cost of coverage. After all, every penny counts for a small company that operates on a shoestring budget. Though an insurance cover comes as an added expense, its role in protecting your business against various financial damages can’t be overlooked.
Though the process of insurance coverage for a small business may seem daunting and confusing, that isn’t always the case. You might have to invest time upfront in learning about the probable risks and obligations in your industry and working with a licensed insurance agent to find appropriate coverage for your small enterprise.
Sudden Accidents Happen!- Do You Have General Liability Coverage?
So I was watching a rock n' roll band at a well known Atlantic Ave. watering hole the other night in Delray Beach, enjoying a really authentic sounding version of Jumping Jack Flash when a woman in front of me unexpectedly tripped and fell face first right into the floor at the foot of the stage.
Needless to say, I was flabbergasted as was the band and audience. The woman received assistance from the proverbial 'doctor in the house', the ambulance arrived swiftly and thank God, she was ok, minus a few bumps and bruises.
Later on once I found out she was going to be ok, I began to wonder what would have happened to that restaurant if she hadn't been ok.
The woman could have been badly injured, perhaps permanently or even died on the spot from a traumatic head injury. Would that company have been liable to pay all her medical expenses, or even damages to her family if something terrible ended up happening? Did they have enough general liability coverage?
I decided to ask Candice, an experienced insurance agent over at All Risk Insurance in Boca Raton about what could have happened
and how would a small business like this restaurant protect itself from these unforeseen occurrences?
Candice introduced me to the world of liability insurance, specifically 'commercial general liability coverage' for small businesses.
I went to her agencies main office in Boca asked her what exactly is commercial liability Insurance and why is it so important for small business owners in South Florida like the restaurant owner or a roofer for instance?
"Commercial liability is vital to small businesses in South Florida because it protects you against any 3rd party claim from injured parties who hurt themselves while on your premises", she explained. "In the example you mentioned, if a guest slips and falls like that occurs at the restaurant and a slip and fall case is commenced, the restaurant would be covered from damages
by their commercial general liability policy and the insurance company behind it."
She went on to say "some of our insurers have special programs for specific types of risks for insurance, trucking companies for example." She explained that truckers in South Florida hauling produce across the state on the Turnpike, across Alligator Alley or up I-95, that have commercial liability coverage are covered when they are loading and unloading boxes of produce, as well as when they are driving on the road if an accident were to happen while they are driving. "We even have separate coverage if something were to happen to the produce itself ( stolen for instance ) or if the refrigeration in the truck broke down - these would be covered under a truck cargo policy."
Candice went on to say "we represent over 15 top rated liability insurance companies, so we can compare them
to help you get your best possible rate."
So if you have a small business in South Florida, from a retail art gallery on Las Olas Blvd. in Fort Lauderdale to a
restaurant on Atlantic Ave. in Delray Beach, from a pool maintenance company in Boca Raton to an asphalt company in West Palm Beach
to a septic plumber company in Stuart, you owe it to yourself and your employees to have your policy
reviewed every new year to make sure you have sufficient coverage.
“It doesn’t take much time for a qualified commercial insurance specialist to review your policy. If you have a copy of it, we’re happy to review your coverage it to see if you are well protected."
Tips to Find a South Florida Homeowners Insurance Agency You Can Trust
Why We Pay Such High Premiums
Florida homeowners pay some of the highest homeowner’s insurance premiums in the country. Why? Seven of the ten most devastating hurricanes in our nation’s history occurred in Florida, several of them in South Florida, a fact that has unfortunately affected home insurance rates in the Sunshine State.
Tips For Finding the Best Agency
Therefore, searching for a local homeowner’s insurance agency in South Florida that’s affordable and trustworthy can be difficult. While some factors that affect our rates, like acts of nature, can’t be controlled, other factors can. There are many great agencies from Miami to Boca Raton to West Palm Beach if you know what to look for. Here are some tips on what to look for and how to find a homeowners insurance agency near you that you can trust.
What to Look for in a Home Insurance Agency
Here are some of the things you should look for when choosing an insurance agency to help you with your homeowner's insurance.
• Customer Service – Regardless of how well-known an insurance company is, if they don’t provide good customer service, they’re not going to worth the money. Even if they’re a large and well-known company, you want one that has an agent in your area and one that may be willing to come to your home if necessary. You also want one that has the time for you, whether you need to make a claim or just have a simple question. Try to find a company that provides 24/7 customer support.
• Variety of Insurance Providers – It is important that the agency you choose represents more than one or two insurance companies. Some companies only represent 'Citizens' for instance. Others ( such as All Risk ) give you a wide variety to select from- from AIG to Chubb to Universal Property. Some agents will spend more time looking for the right amount of coverage for you. They have the time to 'shop' various companies to find the best rates for you. A company that has lots of homeowner’s insurance provider relationships in place is also going to be more competitive in premiums.
• Local is Better – If you search online, you may find some excellent prices, but you’ll also be dealing with a virtual stranger that doesn’t know you and doesn’t know the area. Shopping local is recommended for many things, but it can be especially important with homeowners insurance. You’ll benefit from having an agent that is nearby and familiar with what goes on in the South Florida area. For instance - you'd like them to know whether your Boca Raton condo is in a flood zone or not. It would be helpful if they knew whether your Fort Lauderdale home qualifies for a lower deductible because your home on the New River is made of fire resistant material. Details count.
If a natural disaster or Hurricane occurs, you probably won’t have to notify your local agent because it probably affected him or her as well. Many people also claim they feel more comfortable discussing their needs with someone that they know and see right in their community. From Deerfield Beach to West Palm Beach, we live and work in South Florida just like you.
Do Your Research
When looking for a good homeowner’s insurance company, especially if it’s your first, it’s important to do your research. The Internet is an emporium of information and one that should be used. Whether you choose to use Consumer Reports or Google, do your research on different companies and see what their customers have to say and the insurance agencyyou are looking at. Most companies have sites where customers leave reviews. The Internet also allows you to compare rate before you actually meet with an agent.
Word of Mouth
Even after doing your due diligence and researching insurance companies, word of mouth is still usually the best advertising. Talk to friends and family members about who they use for insurance and how happy they are with that company. Ask them these questions.
• How accessible are they for customer service?
• How are their rates?
• How are they with claims?
Once you’ve gotten the answers to these questions, you’ll find it much easier to find a home insurance agency you can trust to protect the largest investment you’ll ever make.
And we hope you'll consider All Risk Insurance Agency in Boca Raton for your home insurance needs. We've been providing residents with friendly customer service and great rates from Delray Beach to Davie for over 25 years! Contact us for a free consultation and quote today!
With hurricane season 2018 well underway, Insurance regulators in Florida's capital - Tallahassee - are underscoring the basic need for mortgage holders to ensure they're carrying enough homeowners protection, including flood coverage.
Hurricane Irma should have caught all of our attention and highlighted the need for homeowners from Pembroke Pines to Boca Raton / Delray Beach, north to Stuart have enough insurance, but many put off getting proper homeowners coverage until a hurricane is barreling towards us.
Florida Insurance Commissioner David Altmaier recently said that “As we approach the time of year when tropical activity is at its highest, complacency is not an option..."
Most homeowners policies go into effect 30 days after they are purchased, so with the 2018 tropical storm season nearing its crest, there's no opportunity to squander, according to a recent statement by insurance authorities.
CFO Jimmy Patronis overseer of the Florida Office of Insurance Regulation, reminded us of the heavy damage Irma caused up down the length of the state last summer.
“Last year, reports indicated a vast majority of Florida’s residences were inadequately insured,” he said.
“Floridians must review their insurance policies, understand their coverages, and make the necessary adjustments to ensure they are adequately covered. Prepare now, and protect your property for when the next storm arrives.”
“The images of the flood damage and losses I saw when traveling the state following Hurricane Irma will forever be ingrained in my memory,” Patronis said.
It is true that flooding isn't only a beach front concern, but is a statewide issue, from the coastline to the interior.
State legislators have been urging private insurance agencies to offer flood coverage, frequently at equivalent or lower costs than offered by the National Flood Insurance Program.
The quantity of insurance companies qualified to write these types of policies expanded from 20 to 26 between June 30, 2017, and March 31 this year — and, as of April, they'd issued in excess of 30,000 homeowner's policies.
Basic homeowners insurance policies often do not cover property damage from flooding.
Here's a link to the Florida Hurricane Season Resources website, and Patronis has his own Hurricane Disaster Preparedness webpage - https://www.myfloridacfo.com/division/consumers/storm.
We all know that words “need” and “want”. We, at All Risk Insurance Group, Inc., focus on those words to provide the utmost of personae attention to your insurance needs. Your most valuable possessions are our concern. We are concerned that you protect your home, your automobile, your boat, or your personal fine articles. We know that you need this protection and our goal is to provide insurance coverage to you that is both affordable and overall encompassing to suit your individual needs. Everyone needs insurance, but we aim to provide individualized insurance coverage geared toward lower premiums for coverage that will protect your belongings so that in the event of a disaster, you will be made whole again.
All Risk Insurance Group, Inc is conveniently located in Downtown Boca Raton. We have been providing insurance to Floridians for the past 12 years. Our customer service department excels in providing the utmost of care and concern for our extended insurance family, namely YOU. We look out for and protect your needs and wants primarily. Our highly specialized agents are here for you to assist you at every point in order to save you money and guide you towards the proper insurance to protect your precious belongings. Give us a call and give us a change to provide all that you need and want to protect your belongings. We want you in or family!
Insurance for your valuables is a very serious thing. Most
people, however, often look cost over coverage. This could end up
costing you more in the long run.
Insurance that is less expensive is always appealing to the
naked eye. However, did you ever stop and think, “Why is this so
cheap”? In some instances, the coverage is not like for like and that
is why the difference in price. In some cases, an insurance bargain
can lead to a devastating consequence.
Here at All Risk Insurance, we go over the options and
coverages that are available to you and let you, the insured, decide
what is most important to you and your family. A knowledgeable
consumer is our best customer.
Some of the coverage listed below should be considered:
Deductibles: The lower the deductible, the higher the
premium. If an insured feels that they can absorb some of the cost
of a potential claim, then perhaps it would make sense to raise your
deductible, thus lowering your premium. However, if you are not in
the financial position to pay out of pocket for damage sustained to
your property, then the lower deductible would be your better
Replacement cost for your personal property: There is Full
Replacement Cost and Actual Replacement Cost for your personal
property. The Full Replacement cost is more costly, however, it will
replace like for like. The Actual Cost Value is a depreciated value
and will pay you on a lower level to replace your belongings. Full
Replacement is more expensive in premium than Actual Cost. It is
whatever suits your individual needs. .
Make sure you are working with an independent agent whose
support and expertise will keep you financial risks well covered.
Here at All Risk Insurance, we want to help protect your
family from a being improperly insured. The BBB has rated All Risk
Insurance as an A+ company for 12 years of service to the residents
of Florida. Feel free to give us a call at 561-395-5220.
Our office hours are Monday through Friday, 9:00 a.m. to 5:00
p.m. If you want to contact us after hours, do not hesitate to send
us an email at email@example.com