Myths about Motorcycle Insurance

Motorcycle insurance is required in Altamonte Springs, FL, but there are a few misconceptions about this type of insurance.

Myth 1: You can cancel motorcycle insurance in the winter to save money.

If you cancel your motorcycle insurance then it’s possible that your registration can be suspended. It can also cost more to get a new policy when you want to ride again because of the lapse in coverage. Homeowners insurance will not cover damage to motorcycles, so if your bike gets damaged while in storage, you also won’t have any protection.

Myth 2: You just needed the minimum required insurance.

Motorcycles can cause a lot of damage. If an accident was your fault, you will be responsible for the cost of the damage so it’s best to have as much insurance as you can afford in order to stay protected. Speak with an agent at Blanchard Insurance to make sure you have the right coverage for your needs.

Myth 3: If you don’t make a claim after an accident, premiums won’t increase.

If your insurance company discovers you were in an accident, it can raise rates. Remember, the other person in an accident may make a claim to your insurance company.

Myth 4: Auto insurance will cover motorcycles.

Motorcycles will be excluded from most policies in Altamonte Springs, FL. While the liability requirements for motorcycles and autos can be the same, you are required to have a separate policy.

Myth 5: Driving record has nothing to do with motorcycle insurance.

When you are shopping for insurance for your bike, you will have to disclose any violations or accidents you have had in past years. A person’s driving behavior is usually consistent, whether it’s on a motorcycle or in a car.

Contact an agent Blanchard Insurance to get a free quote on motorcycle insurance. 

Is RV Insurance Mandatory In Altamonte Springs?

When you invest in an RV in Altamonte Springs, FL, it’s important to look at how you’re going to protect it. Buying RV insurance makes a lot of sense. Knowing whether it’s mandatory or not will depend on the type of RV that you have. At Blanchard Insurance, we can help you with the policy that you need.

Exploring Your RV

There are a number of different recreational vehicles that are on the market. What you have will determine whether the state of Florida requires you to have a policy or not.

If you have a motorhome, meaning that it has its own engine and you drive it, the RV needs to have insurance. It’s similar to having liability insurance as you would with any other vehicle.

If you have a camper or a pop-up, meaning that it’s towed by another vehicle, you are not required by the state to have an insurance policy on it.

Buying Coverage

It’s important that you look at RV insurance coverage regardless of whether it’s mandatory or not. You have made quite the investment in your RV and you want to protect it financially. In the event that there’s a theft, an accident, vandalism, or something else, you’ll want to file a claim with the insurance company.

When you have the right insurance policy, you can relax when something happens. You can file a claim and be responsible solely for the deductible. As for deciding on the right policy, an insurance agent can help you with all of the details. It makes it easier to buy a policy with confidence knowing that it will offer financial protection.

Contact us at Blanchard Insurance today to learn more about buying RV insurance in Altamonte Springs, FL. We can answer questions and help you to get an affordable premium. 

Why Condo Owners in Altamonte Springs, FL Should Invest In A Personal Condo Insurance Policy

You have recently purchased a condo and see that you have a master insurance policy with your building Homeowners Association. Further review of that policy shows that the interior portion of your condo is not covered, only the external structure, the hallways, and the community areas such as the pool and clubhouse are included. In order to protect your personal property, you should invest in a personal condo insurance policy from Blanchard Insurance. 

Interior Structure Damage

Should the interior area of your condo suffer structural damage due to burst water pipes, your personal contents such as appliances, clothing, and furniture may not be covered with the Homeowners Insurance policy. However, a personal condo policy will give you the coverage you need to make repairs or replace what was damaged. 

Theft

Have you fallen victim to a theft? If your condo is broken into and your property is stolen or damaged, the master insurance policy will not be able to assist you with replacing them. This can be quite a financial burden for those who do not have the funds available to replace damaged or stolen items. With a personal condo insurance policy, the contents that are housed within your condo are protected in the event of a theft. 

Protect Your Condo Today

Have peace of mind knowing that you have a level of security when you purchase a personal condo insurance policy from Blanchard Insurance. We understand how beneficial a condo policy can be for our clients living in or around the Altamonte Springs, FL area. Give us a call or come by our office today. One of our agents is ready to sit with you and develop a policy to fit your condo needs.

Comprehensive boat insurance can protect you from both theft and collision

Summer in Florida is the perfect time to get out on the water, and what better way to do that in your family’s boat? Owning a boat offers a lot of opportunities to make lasting family memories, and it is also a lot of responsibility. Now is a perfect time to make sure that your boat policy provides the coverage that you need today. The team at Blanchard Insurance is here to help you navigate the process for protecting your Altamonte Springs, FL boat.

Protect yourself and your boat from both theft and collision loss

Boat insurance can be tricky to get right, and it makes sense to review your policy with a professional agent to make sure that it provides the necessary coverage at the right level. When you opt for comprehensive boat insurance coverage, you are taking an important step to protect your craft from loss due to either theft or collision. Primary boat policies may not offer the protection you need, and it makes sense to review all of the options available. Comprehensive coverage is a smart way to protect your boat from multiple situations. If you have a negative occurrence with your boat, the last thing you want to find out is that your boat policy does not cover the loss! Don’t let this happen to you, take the extra time now to review your policy and upgrade it where necessary. Don’t wait until you go to file a claim to find out that you’re not covered. 

Is it time to review your boat insurance policy for completeness? Contact the team at Blanchard Insurance today to set up a consultation. We are here to meet the insurance needs of the greater Altamonte Springs, FL community. 

How to stay flood smart for 2019

Are you living in a flood-zone area or are not sure whether the area is flood-zone or not? Blanchard Insurance is here to help you check this critical detail. If you are also looking to purchase a home, you may want to check this to ensure that you buy a home in a flood free area. Remember, floods are not covered in a home insurance policy. Therefore you need to be flood smart.

What is flood smart

This is an invaluable government resource offered on behalf of the Federal Emergency Management Agency (FEMA) to fully see to it that people get flood insurance they require. This may come in the form of post-disaster relief or preventative services. Keep in mind that floods are not only in Altamonte Springs, FL, but can run across any state or even all the 50 states. Floods are therefore a communal disaster that everyone should pay attention to.

Some pointers to help you start on the right foot

It is crucial to ensure that you are fully ‘Flood Smart’–ready for the disaster in case it occurs in your area. This can only be made possible by finding out your flood threat level, finding all the potential consequences and taking preventative measures. 

Other steps to take

Various insurance companies, as well as the floods department, can help you assess your area and determine how threatening the situation could get. You can also look for private insurance providers who offer flood insurance and purchase the policy. Flood insurance can be quite useful as it takes effect one month after purchase. Therefore, the sooner you buy, the safer you are.

Blanchard Insurance–serving Altamonte Springs, FL

Visit Blanchard Insurance today for more information on floods or any other insurance need and let us help you stay safe and covered.

3 Tips for Buying Umbrella Insurance in Altamonte Springs, FL

Umbrella insurance provides added protection for your assets. It’s the type of insurance you hope you won’t ever have to use, but you’ll be grateful you have it in the event that something happens which your current policy does not cover. For example, an accident that results in an injury involving a neighbor could occur on your property, leaving you open to a lawsuit. However, with umbrella insurance, you’ll be covered. If you’ve decided you’d like to add umbrella insurance to the existing policies you have in Altamonte Springs, FL, here are three solid tips you can follow to find the right policy at an affordable price.

1. Compare Several Quotes

It’s important to look over a variety of umbrella insurance quotes before making a decision. You’ll want to be sure of exactly what is covered, what is not covered, and what you’re paying for the coverage. A trusted agent from Blanchard Insurance can help you do this. 

2. Bundle Your Insurance Policies

Insurance companies love to reward you for your business. For this reason, you can expect to save money on your premiums when you bundle your insurance policies under one company. Consider adding your umbrella insurance with your existing insurance provider or you can find a new insurance carrier to switch all your policies under.

3. Work with a Reputable Agent

One of the most important factors for purchasing a new umbrella insurance policy is to work with a reputable agent serving the Altamonte Springs, FL area. A trusted agent will help you compare quotes, bundle your policies, and get you the best policy at the best price.

To learn more, contact Blanchard Insurance today. One of our friendly agents will help you get maximum coverage with an umbrella insurance policy.

Why Do I Need Life Insurance?

LIfe insurance has the ability to create immediate peace of mind on many levels. You may be a parent with young children to consider or you may be the caretaker of an adult with a disability. Regardless of the exact details of your particular situation, if anyone depends on you for money and other essential factors, you could benefit from life insurance.  Plus, life insurance also has the ability to put cash in the hands of the people that matter the most, immediately after death. There is no waiting or red tape. This money can help to immediately pay a funeral debt, income or estate taxes, and many other unavoidable expenses. Life insurance can help your loved ones maintain their existing lifestyle in the event of your death. Blanchard Insurance serves Altamonte Springs, FL and is committed to helping people take care of their families and obligations.

Parents with Children

If you have young children, there can be quite a bit of anxiety around what would happen to them in the event of your untimely death. How would their food, clothing, and housing be paid for? WHere would they live? The questions can be countless. However, one thing is for sure, even though you may have an adult loved one who would be willing to care for them they’sd need money to do it properly. Life insurance can be the solution to the anxiety that comes from worrying about the financial piece to the puzzle in the event of your death. Keep in mind that The proceeds of a life insurance policy are not subject to probate. The beneficiaries of the policy have access to the proceeds quickly and without red tape. LIfe insurance proceeds are not included in the probate estate unless the estate is listed as the beneficiary instead of a person or people. 

Business Needs

LIfe insurance can be beneficial to you if you are a business owner as well. It will take money for your inheritors to continue in your footsteps. This means that it will take cash to continue to maintain and run your business. However, even if none of your inheritors will run your business, it will still take money to take care of any estate taxes and to keep the business running until it’s sold. Plus, If you are one of several co-owners, life insurance proceeds can be used to buy out co-owners’ interests. 

LIfe insurance can be extremely helpful if you have dependents that depend on you for their well being. It can also be beneficial if you have other obligations that would create stress or debt if you were to pass away. This is one of the many reasons why business owners can benefit from having a life insurance policy as well. Take into consideration the people you would leave behind as well as any business obligations you might have. Both would be well served by a life insurance policy. 

 

Do I Need Commercial Insurance if I Just Started a Home-Based Business?

Many people enjoy starting a business from their home. It has tremendous appeal because it is a way to make some extra money while keeping expenses to a minimum. The decision about what kinds of commercial insurance is needed for a home-based business depends very much on what type of business is operating from the home. Another consideration is and whether there will be any clients or customers that come to the home.

Talk with your agent at Blanchard Insurance, serving Altamonte Springs, FL and the surrounding communities, to learn more about this to make sure you and your business are protected.

Commercial Insurance for Home-Based Businesses

There are many reasons that make it a wise idea for a home-based business to have commercial insurance, which are:

  • If your business requires a professional license from the state of Florida, then you need professional liability insurance and you probably also need to have commercial insurance of other types.
  • If anyone comes to the home for a business purpose having commercial insurance is important.
  • If you hire workers, Florida’s laws require businesses to have worker’s compensation insurance if they have four or more workers. It may still be a good idea to have worker’s compensation insurance even if you only have one worker because this insurance helps to limit the liability of the business owner(s) if a worker is harmed, injured, or killed on the job.
  • If you use any vehicle for the business, especially if you let other people drive it, you need commercial vehicle insurance.
  • If a portion of the home is reserved for use as a home office, that portion needs separate commercial insurance since it will not be covered in the home insurance.
  • If you make any product that is for sale, you will want to consider product liability coverage.
  • If you offer personal services like nail care, skin care, or massage therapy, etc. you will probably want to have liability coverage.
  • If your home-based business is a major source of your income, you should consider business interruption insurance so that you can pay the bills if the business is unable to operate due to an unexpected event.

Contact your agent at Blanchard Insurance in Altamonte Springs, FL by calling 407-788-8640 or by using the convenient online form to get a quote for commercial insurance.

Florida’s Current Flood Insurance Situation in Today’s Political Climate

It’s no secret that the maps of Florida’s flood zones and storm zones are complicated. Nor have they been made any less complicated by FEMA and recent disaster. Hurricane Katrina brought about a 20% increase in flood insurance nationwide. Meanwhile, all flood and storm zones were scrutinized carefully while FEMA put together the next amendments and debt forgiveness that covered over 5 million homes with the National Flood Insurance Program (NFIP) in 1968. 

What Does Flood Insurance Have to Do with NFIP?

NFIP was a big deal in November. If the bill that Rubio, Kennedy, and Menendez didn’t pass, NFIP would have run out of funding. In November, Trump extended the period to May 31, 2018. At this point, we will re-examine the Senate’s proposal.

Essentially NFIP and its amendments made it so that Special Flood Hazard Areas must be insured. Here are a few examples of the types of insurance that this program requires depending on the zone that you may be in:

  • Mandatory flood insurance on flood-prone homes in order to secure mortgages,
  • Claims have caps on the types of losses for the property owner,
  • More likely to find homes in flood-prone areas as rentals due to increased risks and costs associated with living on a storm or flood prone area.

Homeowners Flood Insurance in the Altamonte Springs FL Area

These are just some examples that make it necessary if you own a home in Altamonte Springs, FL area that you stay in touch with Blanchard Insurance. We can always go back over your policy with you and make sure that you are covered fully. 

Give our Blanchard Insurance office in the Altamonte Springs, FL area a call or come visit our website and stay in contact!

When to Update Your Auto Insurance

Your auto insurance in Altamonte Springs, FL may seem like a list of terms and conditions that should stay the same from month to month. But this assumption can land you in hot water if you’re not careful. Policies need to grow and evolve with the policyholder, so the vehicle owner is always covered. Blanchard Insurance wants you to know when to call your carrier. 

You Upgraded Your Car

Upgrades are normally the biggest reason why people need to update their policy. If you install expensive rims or replace the stereo system, this inherently increases the value of your car. If you don’t let your carrier know, these upgrades may not be covered under your normal policy. Your auto insurance policy has limits in place based on how much the vehicle was worth at the time of purchase. Anything that alters that value will need to be communicated with your carrier. 

Your Lifestyle Changes

Whether you move, get a new job, or decide to start driving for a ride-sharing company, you need to update your policy. For example, if your new job means you’ll be commuting twice as far as you were before, your insurance carrier will want to know about the increased risks of your being on the road. Or if you move to a location with less overall crime in the area, you may be able to get a discount on your insurance policy. 

If you live in Altamonte Springs, FL, you need to be aware of how your policy is affected by the choices you make. The more you stay in communication with your carrier, the less likely it is you’ll have a problem if you do file a claim. If you have questions about how auto policies work in real life, call Blanchard Insurance to get more information today.