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. 

What to Look for When Comparing Car Insurance Polices

Comparing car insurance policies in Altamonte Springs, FL is a good way to save money, but you need to know what to look for.

It can be easy to focus on the final cost of  policy, but when you are comparing policies you need to look at the coverage selections, limits, and deductibles, before you consider the final prices. The cheapest policy will likely offer the least amount of coverage, which can provide some of the least financial protection if you have an accident. There are also a number of different policy options. It’s best to select liability limits that are higher than the required ones and have optional coverage, such as collision or comprehensive insurance, in order to have the best financial protection. You need to compare apples to apples in order to get the right picture.

Compare Discounts and Premiums: Your policy may come with a deductible, and this means you have to pay it before coverage can kick in following a claim. Raising your deductible can lower your premium. When you are comparing limits and deductibles, also look at available discounts that are offered. Discounts can be good money savers, but not all are created equal. Read the terms of each discount and take the savings into consideration while you compare different rates.

Look at the Company: Don’t just look at the quotes, but also look at the company providing the policy. Check the business vitals and factor in customer service. Does the company have any reviews? Are they able to provide claims service 24/7?

Pay Attention to Any Exclusions or Additional Services: Policies can come with additional features. Some policies will offer towing and labor cost overage to help with tire changes, lockout assistance, and emergency job starts. This may not be important if your car is new, but will be useful if your car is older. An add-on service may not break a policy, but it can be useful if you are looking at two policies that are almost the same price. An agent at Blanchard Insurance can explain the added services.

Contact Blanchard Insurance, serving Altamonte Springs, FL, to get a quote on car insurance. 

 

Is Mobile Home Insurance Required?

For those thinking about buying a manufactured home, also referred to as a mobile home, in the Altamonte Springs FL area, you may be curious about the insurance you need.  Mobile home insurance is a particular type of homeowner’s policy.  These policies are designed to cover the specific risks that can come with a manufactured home because these homes are built with lighter materials and transported to a location where they are most often tied down with ground anchors to create stability.  The risks come with this type of strapped down-home versus a home built on a concrete foundation.    

Mobile Home Insurance

In Altamonte Springs, FL, you will want to work with an agent that understands the specifics for mobile home insurance.  If your home is financed through a bank or mortgage company, more often than not, you’ll be required to carry a policy to cover the banks’ and your investment.  The home itself will be needed to be installed properly on a permanent foundation that passes a foundation inspection. 

As a homeowner, it’s in your best interest to carry homeowner’s insurance to help repair possible damages, replace assets in the home, help protect you from potential liability claims, or cover the loss of the house if necessary.  Mobile home insurance can be tricky, and you don’t want to end up with out of pocket expenses that could have been avoided. 

Blanchard Insurance

The Blanchard Insurance agents have been helping homeowners with their home insurance needs for over 20 years.  Contact a Blanchard agent today.  We can sit down with you and take the time to answer all of your questions and help assess your unique situation.  This way, we can give you the best options for your mobile home insurance to protect your investment.

Making the Most of Classic Car Ownership

Restoring and owning classic cars can be a fulfilling hobby. It can also get expensive. Since classic car owners put a lot of money, time and love into their restorations, they want to make sure that these prized possessions are protected. Classic car insurance is one way you can protect your investment. 

What is Classic Car Insurance?

Classic car insurance is a special category of insurance reserved for antique and classic restored cars. Because these cars have a value which is not based solely on the market value of the car itself, it is imperative that they have special insurance coverage.

What is the Definition of a Classic/Antique Car?

In most cases, a car is considered a classic if it is 10-24 years old and has been restored to its original state. In most cases, these cars are not used full time and in all cases, these cars must be stored under specific conditions. An antique car would be a car 25 years or older, also restored to the original state, with limited use, stored under specific conditions. 

How Are Classic Cars Insured?

Classic cars are insured for what is called an agreed amount. This amount has nothing to do with the car’s market value, but rather this is an amount that the owner and the insurance agency decide upon based on the restoration that has taken place and the value of the car in a collectible context.  In most cases, an insurance policy for a classic car will be highly dependant upon the owner adhering to certain protective measures for the car. These measures are put in place to make sure the car is not put at unnecessary risk. 

If you would like to learn more about classic car insurance, please contact our friendly staff at Blanchard Insurance in Altamonte Springs, FL.