Is It Too Late to Buy Life Insurance?

Posted on by agentinsure

At Blanchard Insurance, the agents are always looking out for the clients in Altamonte Springs, FL, especially when it comes to life insurance. It’s important to know just how much coverage you need. Even if you are passed the age of 65, there are life insurance policies that can benefit you and your family in the long run. Knowing what types of policies are available to you will help you make a wise decision.

How Late Is Too Late?

Even if you’re in your 60’s and 70’s, there are some shorter term life insurance policies you may qualify for. Permanent life policies are also available if you meet other requirements. No matter how old you are, it’s important to take into consideration what will happen to your family if you pass away without some type of policy that will help them pay your final expenses. If you already have your final expenses covered, then the proceeds from your policy can be used to clear away debt or pay off your mortgage.

There Are Always Benefits

Having an insurance policy in place will always allow for some type of benefit. If you are in your 50’s and sign up for a term life insurance policy that is due to mature in 20 years, you will have that much available to you when you retire. Aside from paying for your final expenses, your life insurance proceeds can be used for a variety of things. You can choose to cash the policy out or simply let it stay where it is and gain interest.

The residents of Altamonte Springs, FL can call Blanchard Insurance any time they have questions or concerns about their life insurance. Call today to get the answers you need!

Does Commercial Insurance Cover Independent Contractors?

Posted on by agentinsure

The new “gig economy” has grown the numbers of independent contractors in Altamonte Springs, FL and all across the country since the Great Recession. While some industries have addressed the question of insurance coverage for contractors, others may need to take a second look at the potential insurance needs for themselves and their workers. Accidents and injuries can happen in any industry and profession. Whether you need insurance for your independent contractors (or whether you need insurance as an independent contractor) depends on the type of work involved and the amount of risk you are comfortable taking. 

Businesses and Independent Contractors: Why You Should Get Insurance  

If your independent contractor has no insurance, you could be held liable for their sub-par, code-violating work, accidents, or illegal conduct. Most of the time it is appropriate for both the independent contractor and the business to carry general liability insurance. This will help you, no matter which side of the fence you are coming from, in the event that you face a lawsuit. Independent contractors have the same liabilities as any other business.

General Liability Insurance 

GL insurance protects you in the event of injuries, equipment breakage, and property damage on the job site. It protects both the independent contractor and the business contracting with them.  

Errors and Omissions Insurance 

This insurance covers overlooked items and professional mistakes and is crucial in professional industries such as software development, law, medicine, and engineering. It generally protects you against claims for legal expenses in the event a lawsuit is brought regarding unacceptable work or work not performed, including: 

  • Professional mistakes 
  • Failure to deliver promised goods 
  • Professional negligence 

Commercial Auto Coverage 

If your independent contractor drives on your behalf as part of a contractual project or job, you may be held liable in the event of an accident or collision. Commercial automobile coverage from Blanchard Insurance will protect both you and your independent contractor while they provide driving services in the course of their work.

Do I Need Auto Insurance?

Posted on by agentinsure

If you own a car, you already know that there are many important rules and regulations that need to be followed for those that are in the Altamone Springs, FL area, one very important requirement to remember to follow is the requirement to carry auto insurance. There are several situations that can dictate whether you need insurance and what type of coverage you must have.

You Plan to Drive Legally

If you ever plan on taking your car out on the road in Florida, you will be required by law to carry auto insurance. Compared to other states, Florida’s insurance requirements typically have lower coverage requirements. To drive a car legally in this state, you will need to have $10,000 in personal property liability coverage and $10,000 in personal injury liability coverage. Both of these types of insurance will give you coverage if you are at fault during a car crash or other situation. 

You Have a Loan

Another situation in which you will need to have auto insurance is if you have a loan. Since cars can be expensive, many people need to take out loans in order to finance the purchase. When you have a loan, you do need to follow various requirements. For example, you will need to have a full collision and comprehensive policy in place. If you don’t, you will be in violation of the loan agreement.

Since having auto insurance in Altamonte Springs, FL is a necessity, meeting with the Blanchard Insurance company would be very beneficial. The Blanchard Insurance company will be able to provide you with a variety of services to ensure you are able to get into a great policy. This will include helping you to better understand your insurance needs and finding a great policy that works for you. 

What Valuables are Covered by Home Insurance?

Posted on by agentinsure

Before buying a home insurance policy, consider the value of your home and personal belongings. If you own a lot of valuables, you may need more protection than what a standard policy has to offer. Talking to a  Blanchard Insurance agent will give you greater insight into coverage options and costs so you can get the protection your Altamonte Springs, FL home needs.

What Does Home Insurance Cover?

Homeowner’s insurance protects your structure, personal goods and liability claims, according to the limits on your policy. If your house or goods are damaged in a storm or fire, home insurance will help pay for their repair or replacement costs. If a friend were to have an accident on your property, your liability coverage would help cover his medical costs.

What about Valuables?

Most insurance policies cover valuables up to a certain amount. If your valuables exceed that amount, you’ll need to purchase additional coverage to fully protect these assets. By reviewing your policy with one of our agents, you can confirm what valuables are covered and the amount of coverage provided. You’ll then need to have your valuables appraised to determine their worth. If your policy doesn’t cover their actual value, you can obtain additional coverage, aka a floater, to safeguard you against their loss. 

Posh jewelry, furs, heirlooms, antiques or works of art are just a few examples of valuables that may need a floater to cover their repair or replacement cost. Your floater should protect your valuables against the same perils as your standard insurance to include theft and “mysterious disappearance” (loss of an item due to undetermined cause).

To learn more about floaters and the protection they offer, contact Blanchard Insurance, Altamonte Springs, FL. We can provide you with personalized home insurance coverage suited to your individual need.

Now is the Time to Review Your Mobile Home Insurance and Hurricane Coverage

Posted on by agentinsure

Hurricane season is a stressful time of year for all Floridians, especially those who live in mobile homes. If you are in the Altamonte Springs, FL area, the experienced agents at Blanchard Insurance are here to help you make sure that you are ready for this year’s round of hurricanes! Mobile homes in Florida can require additional coverage depending on their exact location, and it is important to have all of your policies and protections in place before a storm hits. If you are buying a new or pre-owned mobile home, or you just want to make sure that your current policy provides adequate protection, it is time to meet with your local Blanchard Insurance agent.

It is Important to Update Your Insurance Coverage on a Regular Basis

Whether you live in a conventional home or one that is manufactured, having insurance protection in place prior to hurricane season is a smart decision. Your home can be more susceptible to damage and destruction. Knowing that you are protected if the worst case scenario were to occur, can provide you with valuable peace of mind! As your mobile home ages, you will want to adjust your coverage amount to reflect current replacement values in the event that the home is destroyed in a hurricane. Additional coverage for hurricane and flood damage is often recommended for clients in Florida.

Call Us Today to Schedule a Policy Review of Your Mobile Home Insurance

If you are in the process of buying a mobile home or you want to make sure that your current policy provides adequate coverage, contact Blanchard Insurance today. We are proud to serve the Altamonte Springs, FL area and our agents look forward to working with you!

What Does Manufactured Home Insurance Cover?

Posted on by agentinsure

Manufactured home insurance, or mobile home insurance, in Altamonte Springs, FL isn’t much different than regular home insurance in terms of what is covered. It’s important to protect your mobile home with insurance, whether you live there full time or only during certain seasons.

Structure and Contents

If your manufactured home is damaged due to fire, hail, theft, or vandalism, the cost to repair or replace the home is covered by your insurance. Additional structures, such as a patio or garage, and the belongings in your home are also covered. Belongings can include furniture, bicycles, and more. These items will also be protected when outside the home. Be sure to check with an agent to see what types of perils are covered, so you know if your home is protected from potential damage. While flooding is likely to not be covered, certain water leaks may be covered. If a pipe suddenly bursts because it was frozen, it may be covered, but if a pipe breaks due to poor maintenance, it won’t be covered.

Liability

Manufactured home insurance contains liability coverage to protect you if you or someone in the household is found liable for damage to someone else’s property, or if a guest is injured at the home. This insurance will pay for medical expenses for people injured at the home, but won’t pay for your own medical expenses if you fall down the stairs.

There are other additional coverage options, should you want them, which you can discuss with your agent at Blanchard Insurance. For example, you can get trip collision coverage that will help insure your home as it is being transported from the factory to its location. You can also get extended coverage for some of your belongings, including jewelry, watches, and furs. If you have a satellite dish on your home, you can get insurance that pays for the loss to the satellite dish and other systems.

Contact Blanchard Insurance serving Altamonte Springs, FL for a quote on manufactured home insurance.

Does Wedding Insurance Cover The Cost Of Renting The Venue?

Posted on by agentinsure

A wedding can be a monumental undertaking that involves a variety of costs and planning. It only makes sense to buy insurance to cover you from unforeseen events that can lead to financial losses. If the wedding is held at a house, the homeowner’s insurance may cover the event, but if there is a rented venue, wedding insurance can cover certain events that may cause a cancelation or postponement.

Wedding Insurance Coverage

Wedding insurance is designed to cover unforeseen circumstances that may impact a wedding such as weather or the host venue canceling the event without your consent. Each policy is different so it is important to understand exactly what the policy covers. If there are special circumstances, you may be able to include a rider to cover other costs or potential risks. Most insurance won’t cover cold feet or a change of heart.

Finding Wedding Insurance Coverage

Wedding insurance is a non-traditional insurance product, so you may need to do some searching to find a provider who will offer you the wedding coverage you need. A great company that serves the residents in and around the Altamonte Springs, FL are is Blanchard Insurance. They provide quality wedding insurance products and have knowledgeable agents who can explain the policy details and help you purchase the coverage you need to fit your individual needs.

If you live in or around the Altamonte Springs, FL area and are searching for quality wedding insurance coverage, call or stop by the offices of Blanchard Insurance. They will give you the information you need to make sensible insurance decisions that give you protection from covered events.

When Can You Claim Your Recreational Insurance?

Posted on by agentinsure

If you, or your business own recreational equipment in Altamonte Springs, FL, you should consider getting recreational insurance quotes from Blanchard Insurance in addition to your specialized insurance coverage options. It protects you and your recreational equipment in case of insured risks. In order to make your claim hassle-free, take records of your equipment before and after damage. Photo documentation is more reliable. If there are any witnesses, take their reports to make your statement more believable.

When to File A Claim For Recreational Insurance

  • In Case Of Liability Claims

If your equipment hurts other people or damages their property, you may be legally liable. You may claim your recreational insurance. It helps you to pay for their medical costs and the cost of repairing or replacing their property. It may also cover your legal expenses if they choose to sue you. Businesses that provide recreational products or services can claim their recreational insurance if their products or services cause harm to third parties or their property.

  • In Case Of Property Lose

Your recreational equipment probably cost you a lot of time. If you lose it or it is damaged by insured risks, you can claim your recreational insurance. It compensates you for the cost of repairing or replacing your property. The coverage depends on the type of recreational equipment, its cost, and the risks involved.

  • In Case of Accidental Injuries

If your business holds recreational activities there is a chance that someone may get injured. If that happens, you can claim your recreational accident medical insurance to help pay for dental injuries, medical expenses, and death benefits. The insurance policy complements the liability policy of your business.

Contact Blanchard Insurance in Altamonte Springs, FL at 407-788-8640 to discuss your new quote for recreational insurance.

What Type Of Damages Does Boat Insurance Cover?

Posted on by agentinsure

If you have a boat that has a motor, or even some personal watercraft, you should purchase boat insurance to help protect you from losses due to covered events such as collisions and fire. If you are in the market for boat insurance, you may have questions about the types of damage that a standard policy may cover.

Collision

If you are in a collision, whether it be your fault or another person’s fault, your boat insurance will cover the damages to either boat if you carry collision and liability. If you cover liability only, you stand to incur heavy or complete losses to your vessel. There may be specific insurance requirements in place, but it is important to remember to cover yourself as well as the other party to prevent loss to your investment.

Engine

Some insurance policies will also cover damage to the engine of your boat under certain circumstances. If you have expensive engines on board your boat, you may want to look into getting this type of coverage so you are fully protected during a covered event.

Comprehensive

Comprehensive can help you recover from damages due to the weather and other incidents that occur on the water. This type of coverage is also highly recommended to fully protect your boat. This is especially important for boat owners who have invested a large sum of money into their vessel. If you live in or around Altamonte Springs, FL, Blanchard Insurance can help you get the coverage you need.

Don’t risk losing your boat to unforeseeable events. Get the complete coverage you need so you can have peace of mind and enjoy the open water. For more information for residents in or around Altamonte Springs, FL, Blanchard Insurance is ready to give you the answers you need. Call or stop by today to speak to one of our experienced agents.

Does Condo Insurance Cover Flood?

Posted on by agentinsure

Flooding is a very serious matter and for some, it can take away their entire home and the value of all their belongings. It is for this reason that if you do live in an area where flooding is common, you have some form of insurance protection to help make sure you can recover from flooding. For those that live in the Altamonte Springs, FL area, the agents with Blanchard Insurance can help you find the condo policy that works best for you.

Condo insurance is much like home insurance in that it helps to protect the condo itself as well as the items and objects inside of it. It works to protect these items from events of nature like fire and storms as well as from theft and vandalism. This type of policy is going to be essential to protect your investment and to help you make sure that no matter what, your property is safe as well as your property within the condo itself.

Also much like home insurance, condo insurance does not typically cover flooding unless it is specifically written into the policy when it is first drafted. This is because not all locations are prone to flooding and it would be a waste to raise premiums and add it to every policy. Since your condo policy is likely not going to cover flooding, you may want to take the time to add extra coverage to your existing policy or to take out a separate flood policy that is specifically for your condo.

For those that live in the Altamonte Springs, FL area, where flooding is more common, the agents with Blanchard Insurance can help create a policy that is specific to your needs and that can help protect your condo from anything that may happen.