Recently a driver in Minnesota was charged with felony vehicular homicide resulting in death, among other charges such as careless driving and unlawful use of a wireless communications device while driving. The driver received and opened two messages at 3:57, and the accident was reported at 3:58. The victim, a 40 year-old bicyclist and mother […]
Really Dumb Ideas: “But It’s Paid For” Edition
Q: If I pay my car off do I still need to carry comprehensive and collision insurance? A: There are a lot of different factors to consider before changing your auto insurance coverage. While you may have been required to carry full coverage while paying off your car loan, common wisdom says that you should […]
Takedown, Shakedown, You’re Busted: Personal Injury Protection Fraud
A recent report in the Orlando Sentinel says that auto insurance fraud is no longer growing. This should be taken in the same spirit as news that Mount St. Helens no longer erupts. A 2012 law was designed to put the brakes on auto insurance fraud, but instead has resulted in Florida starring in an […]
Satisfying Workers’ Compensation Requirements in Construction
You’ve started a small business in construction, and now you have to figure out all of the requirements of your state for insurance and workers’ compensation. Most of the states in the U.S., barring a few exceptions, make it a requirement that employers buy and provide workers’ compensation insurance to their employees. Florida is no […]
Windows, Doors, and Shutters Can Save You Money!
Many people wonder, how much does the opening protection really save a person on their homeowner’s insurance? This is a great question and, unfortunately, the answer is a lot. You may hear of discounts up to 33 percent, but these can be misleading – often deliberately so. That wind mitigation discount depends not only on […]
Four-Point and Wind Mitigation Inspections: What You Need to Know
Unfortunately if you’ve run a web search for the phrases “four-point inspection” or “wind mitigation inspection,” you’ve no doubt received a lot of advertising but very little in the way of facts. It’s time to clear up what these inspections do and don’t do, and why they are not a substitute for a full home […]
Follow the Money: Assignment of Benefits
In the wake of the disaster, is very tempting to put everything in someone else’s hands while you try rebuild as much of your life as possible. Whether it’s a fire, flood, or hurricane, your life has been upended and your desire to return your business and your family to a normal routine can be […]
Covering Your Business: Protect Your Income
Does your commercial policy cover the interruption of business income during a loss? With the history of South Florida and hurricanes, you may want to consider adding this very important but often misunderstood policy to your business insurance package. Business interruption insurance should be considered as vital as fire, theft, and Workmen’s Compensation. Business interruption […]
Abuse of the Law: How Corrupt Contractors Can Scam You With an Assignment of Benefits
It’s a natural instinct: have as little to do with paperwork as possible. This goes double for emergency situations, such as water damage, when you require work to be done fast and without hassle. Apart from honest craftsmen, there are contractors who are more interested in making a quick buck at your expense than helping […]
Why you need boat insurance in the state of Florida
According to the National Marine Manufacturer’s Association (NMMA), there were more than 12.5 million registered boats in the whole United States in 2010, and Florida is the one leading those numbers with almost a million boats registered in the state. That is not really surprising as Florida, particularly Miami, is known for their beaches that […]