Surprising Things Your Auto Insurance Does Not Cover

Posted on June 28, 2024June 28, 2024 by admin

Chances are that you have a good idea of what your auto insurance covers. However, understanding what your auto insurance doesn’t cover can be just as important.

Insurance Warehouses of America, operating from Orlando, FL, and serving the entire state, can arrange coverage for these common omissions from standard auto insurance policies.

Personal Property Left in Your Car

If your car is stolen or destroyed, comprehensive coverage will pay to replace it. Nevertheless, auto insurance will not replace the personal possessions inside your car that may have been lost along with it. Your personal property is covered by your homeowner’s or renter’s policy instead.

Upgrades, Modifications, and Custom Parts

Most auto policies cover custom parts and modifications up to a $1000 limit. This may be insufficient to replace your rims, lift kit, spoilers, or audio system. We assist customers in finding higher limits for their custom parts’ replacement values.

Unlisted Drivers

People whom you give permission to drive your car may be covered by your insurance. However, this isn’t the case with every policy. Some companies require you to list the individuals you will permit to operate your car when you procure your coverage. Otherwise, any accidents or damages they cause while operating your car will not be covered.

Commercial Use

Are you using your car for deliveries or picking up passengers for Lyft or Uber? Your personal auto insurance does not cover the business use of your car. You’ll need a separate commercial insurance policy if you’re using your vehicle for ridesharing, deliveries, or even running errands for work.

Insurance Warehouses of America serves drivers in Orlando, FL, and throughout the state. Call us today to review your policy and ensure you have all the coverage you need!

Pet Injuries

It isn’t just humans who can be injured in auto accidents—pets can be injured as well. Insurance Warehouses of America can assist you in finding suitable pet insurance.

The Advantages of Choosing a Whole Life Policy

Posted on May 31, 2024June 3, 2024 by admin

Life insurance comes in two main types- whole life and term life. Term life is a type that’s only good for a specific term. After that term is over, the policy will expire. Whole life policies work very differently and have their own special advantages. Many people enjoy the benefits of these policies and find them better than term-life policies. When you need life insurance, you can turn to us. Contact us at Insurance Warehouses of America in Orlando, FL.

It Lasts Your Whole Life

When you get a whole life policy, it never has an expiration date. It won’t expire at the end of a term. Instead, it’s there for as long as you want. If you keep paying for the policy, the insurance company can’t cancel it. No matter what age you reach, you can keep your policy. Many like the peace of mind that comes with this type of policy because they know they’ll never have to get another one. The policy will be there for their beneficiaries no matter when the policyholder passes.

It Builds a Cash Value

Another popular benefit of these policies is that cash builds up alongside the policy. This cash is available for the policyholder to borrow from as needed. Many people like having this cash available just in case they have a serious financial problem and need a loan to get out of it. The loaned amount is subtracted from your death benefit until the loan is paid off.

Get Whole Life Insurance

When you’re interested in taking advantage of the benefits offered by a whole life policy, call us. We’re available at Insurance Warehouses of America in Orlando, FL.

Insurance Coverage for Items Stored in A Garage

Posted on April 30, 2024April 30, 2024 by admin

Protect the items stored inside your residential garage. Please familiarize yourself with insurance coverage for garages and the contents stored within them. Then, contact one of our agents at Insurance Warehouses of America.

Garage Coverage

A residential garage is typically included in a home insurance policy. The coverage protects the garage’s structural materials and the contents stored within it.

The coverage amount can vary. The size of the garage will affect how much protection is needed, as will the type of items being stored. A consumer can customize their home insurance policy.

Full Replacement Value

Items depreciate over time. A standard insurance policy may cover against theft and vandalism. It may, however, only pay for the true value of an item. Full replacement value coverage will increase the amount of protection that possessions are equipped with.

Personal Property Coverage

Most home insurance policies offer personal property coverage. This type of coverage protects belongings from the elements, theft, and vandalism. It may not necessarily matter where the items are stored.

Reviewing your home insurance policy’s terms is a good idea. This will allow you to acquire information about the amount of coverage you have for your belongings.

If the amount won’t satisfactorily replace damaged or lost items, you can increase the coverage that your policy provides.

Contact Our Office!

An agent representing Orlando, FL, will conduct an insurance analysis for you. This analysis will determine which type of coverage is needed for your garage and the items stored within it.

The Road Ahead: Auto Insurance Tips for Orlando, FL Motorists

Posted on March 29, 2024March 27, 2024 by admin

Orlando, FL drivers who engage with Insurance Warehouses of America enjoy numerous benefits. While choosing the perfect auto insurance policy may seem challenging, our team of experts simplifies the process. Read on to learn more about key tips to guide your selection.

Scrutinize and Streamline Your Coverage

Before you commit to a policy, make sure to read through it meticulously. This will help you spot any potential issues or unnecessary elements of your coverage. Policies often contain aspects that you might not require. Identifying these beforehand can help you customize a plan that best suits your needs.

Choose Your Vehicle Wisely

The type and size of your vehicle significantly influence your insurance coverage. Larger vehicles usually warrant more coverage than small cars. In addition, luxury vehicles can significantly up your insurance costs. Therefore, consider the implications of your choice of vehicle in the context of your insurance needs.

Explore Policy Combinations

If additional drivers live in your household or you use your vehicle for business purposes, it’s worth inquiring about potential policy combinations. There are many options for conjoined policies, so it’s smart to explore those that apply to your current situation.

Trusting Insurance Warehouses of America

At Insurance Warehouses of America, we understand the challenges associated with finding the right auto insurance policy. By entrusting our seasoned agents with this process, you can avoid typical obstacles and get the best coverage. For more information, Orlando, FL motorists are invited to call or visit us as soon as possible.

Sunshine State Security: Understanding Life Insurance Options in Orlando

Posted on February 28, 2024February 22, 2024 by admin

The Importance of Life Insurance for Sunshine State Residents

For residents of the Sunshine State desiring security for themselves and their families, life insurance emerges as a vital pillar of protection. Insurance Warehouses of America, based in Orlando, FL, is staffed with experienced insurance professionals ready to guide you on your journey toward securing tireless protection. With expert guidance and knowledge, choosing the right life insurance policy for your lifestyle and budget becomes a simplified, stress-free process.

Demystifying Life Insurance Options in Orlando, FL

Term Life Insurance — Spanning 10 to 30 years

Term life insurance is popular among Orlando residents seeking coverage for a specified duration, usually between 10 to 30 years. Term life policies offer an uncomplicated, budget-friendly option for those looking to protect their interests during critical life stages. These could include raising children, caring for elderly loved ones, repayment of a mortgage, or securing comfortable retirement years.

Permanent, Whole, and Universal Life Insurance

Permanent life insurance policies, embracing alternatives like whole life and universal life insurance, supply lifetime coverage. These plans also offer potential perks of cash value accumulation, which policyholders can borrow against in times of financially draining crises or emergencies.

For further insights into initiating a universal or whole-life policy with optional loan benefits or understanding the implications of policy loans or withdrawals on your total death benefits, it’s highly beneficial to discuss with an insightful insurance agent. They can also provide detailed information on the tax aspects linked with such life insurance policies.

Establishing a Connection with Insurance Warehouses of America

Get in touch with a trusted agent at Insurance Warehouses of America in Orlando for a detailed rundown on different life insurance policy options. Our experienced team will help you unravel the complications surrounding the selection of the best-suited policy. Secure a quote tailored to your individual circumstances for free today!

Does Your Credit Score Affect Home Insurance Coverage?

Posted on January 22, 2024January 24, 2024 by admin

Homeowners strive to make smart financial decisions. Often, the outcome of those choices will affect your home insurance coverage. Insurance Warehouses of America in Orlando, FL can evaluate your credit score and create a policy that protects your residence.

How a Credit Score Affects Home Insurance Coverage

Insurance companies use a formula to determine if offering a home insurance policy is a financial risk. Their final decision goes beyond the home’s location, size, and current condition. Your personal credit history will have an impact on the coverage offered.

Your credit score does not have a direct effect on the status of the home insurance policy. Instead, it becomes part of your overall credit-based insurance score, which will determine if you are a policyholder or not.

What is a Credit-Based Insurance Score?

Credit-based insurance scores help decide if you are financially responsible enough to handle a quarterly bill plan. The criteria are slightly different from a FICO credit score, which is used to secure a personal loan or credit card. Insurance companies will run their version of a credit check to determine if you can pay bills on time. The credit-based insurance score is based on your credit history and other financial documentation submitted with the application.

A poor credit-based insurance score cannot be the sole reason you were denied home insurance coverage. Instead, you will be labeled" a poor credit risk," and lenders may request you to pay a higher premium.

Can Bad Creditors Get Home Insurance

Despite all of your financial hardship, it is possible to receive a home insurance policy. However, you will pay a higher premium than other homeowners. Your premium rates could change if you improve your credit-based insurance score before renewing your policy. It can be accomplished by paying bills on time and keeping existing credit card use to a minimum.

If you are having trouble gaining home insurance coverage, Insurance Warehouses of America in Orlando, FL can help navigate an unfriendly market. Our staff’s experience and knowledge of the state requirements help create an effective policy for homeowners with credit issues. Call and schedule an appointment today.

Can Friends From Overseas Drive My Car?

Posted on December 20, 2023January 2, 2024 by admin

Here in Orlando, FL we have many international connections, from our residents and visitors to links with sister cities around the world. You might even be one of our many international residents and wonder if you can let your friends visiting from overseas drive your car here. At Insurance Warehouses of America, we can help. We know that it can be helpful if your visitor needs to make an appointment, volunteer to run errands, or take a tour of the area.

With a driver’s license from their home country, are they good to go in the U.S.? FSU advises students that they should bring both their driver’s license from their home country and the International Driving Permit that’s issued before they come to the U.S. That’s a wise choice even in areas of the U.S. where the IDP is not required because it helps make clear to local officials that the person has a valid driver’s license, especially when the text on the license is in a foreign language. For visits longer than 30 days, it may be necessary to get a Florida driver’s license.

Taking Your License While You Travel

The IDP is also something you can bring with you when visiting overseas to facilitate driving, even renting a car. Some countries require it, and it’s easily obtained online or from the AAA before you leave. If you love to travel, you’ll find this handy information and chances are, you’ll be able to help people who want to visit you in exchange! As always, if you’re unsure about your insurance situation, we’re here at Insurance Warehouses of America to help you navigate legal requirements and insurance policies for drivers in Orlando, FL. Just give our friendly professionals a call with your questions!

Which family members should have life insurance?

Posted on November 17, 2023November 29, 2023 by admin

Considering which family members should have their lives insured can be uncomfortable. Still, the best process for making this decision comes from thinking about each person’s financial contributions and their obligations to them. If you live in or near Orlando FL, and need help making decisions about life insurance for family members, consider contacting our Insurance Warehouses of America team.

Insuring Family Members

A significant part of deciding which family members should be insured and for how much is to consider their role in the family and the financial impact of their loss. For example, how do you view each family member based on the following criteria:

Breadwinner: Is the person among the family’s primary breadwinners? Does the family need their income?

Caretaker: Does the person care for children, aging adults, or other family members? What would it cost to hire someone to replace their care?

Wealth: Do you want to insure an individual to build or pass on wealth to the next generation?

Health: Does your family history or child show health issues that may make it difficult for a child to acquire life insurance as an adult?

Final Expenses: Can you pay the funeral and related costs for the individual without insurance?

Business Partner: Do you have a shared business interest with the individual?

Debtor: Do you have outstanding debts, or does a family member owe you money?

Considering each criterion and its financial implications can significantly assist your decisions about your insurance needs.

We Are Here To Help

There are many reasons for insuring the lives of family members. Our Insurance Warehouses of America team, serving the Orlando, FL area, can help you with these decisions to acquire the insurance coverage that best meets your family’s needs.

Do You Need to File a Homeowner’s Insurance Claim?

Posted on October 20, 2023November 1, 2023 by admin

As a homeowner, it can be tough to decide when you need to file a homeowner’s insurance claim–and when it makes more sense to try to complete a repair on your own. At Insurance Warehouses of America, serving the Orlando, FL metroplex, our team is here to help you keep your home in great shape. Here, we’ll take a look at a few things you need to consider when deciding whether you should file a homeowner’s insurance claim.

Three Considerations For Home Insurance Claims

Consider your deductible.

If the estimated price of your repair is more than your deductible, it’s likely that it makes sense to file a homeowner’s insurance claim. If the difference between your cost and your deductible is negligible, you may want to consider paying for the cost yourself in an effort to keep your insurance rates low.

Consider the nature of the loss.

If your loss is catastrophic (caused by a fire, natural disaster, or other issue that causes an unusually high level of damage), it usually makes sense to file a homeowner’s insurance claim.

Talk with your insurance agent.

Discussing the nature of your potential claim with your agent doesn’t mean that you have to file, and they may be able to give you advice on whether it makes sense to file a claim.

Schedule A Consultation Today

At Insurance Warehouses of America, we’re proud to serve Orlando, FL residents with a wide variety of insurance products. Reach out to us today to learn how we can provide you with the products necessary to support all of your insurance needs.

Is Your Auto Insurance Policy Meeting Your Needs?

Posted on September 22, 2023October 3, 2023 by admin

If you have a vehicle, you need an auto insurance policy. But is your current policy giving you the protection you need? Insurance Warehouses of America is dedicated to helping you and other clients in the Orlando, FL area get the right coverage, so you can enjoy safety and peace of mind on the road. It’s important to make sure you’re keeping your policy updated and choosing what meets your needs as your situation changes.

Understanding Your Auto Insurance Policy

By working with a trusted agent, you can get a review of your insurance policy when you need it. Most of the time, it’s recommended that you review your policy once a year in case there are better options than what you currently have. Of course, if you have changes to your household, you also want to get a review of your policy. Adding or removing a driver, getting a different vehicle, moving, or other life events could mean you’ll have better policy opportunities going forward.

The best way to ensure that your policy is meeting all your needs is to talk to your agent and let them know what you want and expect from your insurance coverage. Not everyone who owns a vehicle wants the same level of protection on it, so it’s important to be clear on what you’re looking for. Then your agent can tailor your policy to fit your needs and give you good options to choose from.

Consult With Us

If you’re in the Orlando, FL area and in need of a new auto policy or a review of your current one, reach out to us today at Insurance Warehouses of America. We understand the importance of getting the right policy and changing it anytime your needs change. We’re here to help you get the best coverage for the long term.