Florida Health, Life, Auto, Homeowner's Insurance FAQ

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View Health Insurance Insurance FAQ

Auto Insurance

Do I need auto insurance?
In most states, auto insurance is required by the law. Without this you will not be allowed to buy a car, or operate it if your auto insurance should expire.

Will my auto insurance policy be cancelled if I miss a payment?
This all depends on your auto insurance company, as well as the state that you live in. Even though you will probably receive a late payment notice in the mail, some companies have the right to cancel you.

Will one claim lead to my auto insurance policy being cancelled?
In most cases, one claim will not lead to your policy being cancelled by your provider. But with that in mind, with each claim that you file the chance of your premium rising is very good.

What are points, and how can they affect me?
When you get a moving violation or other type of infraction points may be added to your record. Each type of violation has a point value assigned to it. As you get more points, your insurance premium will most definitely rise as you are seen as a risk.

If I have a broken windshield will my auto insurance company cover it?
If you have comprehensive insurance included in your policy a broken windshield will be covered. If not, you may be responsible for the cost.

Homeowner's insurance

If my home is destroyed due to a natural disaster, will my home insurance cover me to live elsewhere until I can rebuild?
This depends on the type of policy that you have. In most cases your home insurance will cover you to live elsewhere, but there will be a coverage limit that will only last a predetermined amount of time.

An accident in my condo damaged another one in my unit. Do I have to file a claim?
This will be contingent on the rules of your condo, as well as how the other owner plans on handling things. If you are found to be liable for the damage you may need to file a claim with your home insurance company.

I am thinking of building a new home. While it is being built do I need to have home insurance?
This is something that you should definitely consider. If you do not you will be putting yourself at great risk if something were to happen. Most standard home insurance policies will cover you for damages during the construction phase.

Does flood insurance come with home insurance?
Many people think that with home insurance they are covered against floods. This is not the truth. If you want to have flood insurance you need to add this coverage to your home insurance policy. It is not included.

Renter's Insurance

How much does renter's insurance cost?
Renter's insurance probably costs less than you think. It should run you roughly $10-$25 per month, and you may be able to benefit from certain discounts.

What if I don't have much personal property?
Renter's insurance is still important even if you don't have much personal property because of the liability component. Also, chances are your personal property is worth more than you think. If you don't have much personal property to insure, then you can save money by choosing a lower policy limit.

Do I need renter?s insurance if I rent a condo, coop, or house?
Yes. Renter's insurance is important as long as you rent your home. It applies the same whether you rent an apartment, condo, coop, or house.

Will I get enough money to replace my stuff if it gets damaged or destroyed?
That depends on whether you opt for an actual cash value (ACV) or replacement cost coverage policy. ACV coverage pays for the market value of your property at the moment before it was damaged. Replacement cost coverage pays you the full cost of getting a new item to replace the one that was destroyed.

Health Insurance FAQ

What is a deductible and how does it work?
A deductible is the amount of money you must pay each year before your Florida health insurance plan starts to pay for covered medical expenses.

What is coinsurance?
Coinsurance is a cost-sharing requirement where you are responsible for paying a certain percentage and the insurance company will pay the remaining percentage of the covered medical expenses after your Florida plan deductible is met.

What are co-pays?
A co-payment or co-pay is a specific flat fee you pay for each medical service, such as $30 for an office visit, after which the insurance company often pays the remainder of the covered medical charges

What's the difference between a Primary Care Physician (PCP) and a specialist?
A Primary Care Physician, or PCP, is the doctor you would go to on a regular basis, such as when you're simply not feeling well, or have an ear ache or the flu. A specialist is a doctor that your PCP might refer you to if the problem you have requires a doctor with more experience in a certain area.

What is "Out-of-Pocket-Maximum?"
This is the amount of money one would pay out of their own pocket towards your Florida medical expenses in any given year. An out of pocket expense can refer to how much the co-payment, coinsurance, or deductible is. Also, when the term annual out-of-pocket maximum is used, that is referring to how much the insured would have to pay for the whole year out of their pocket, excluding premiums. Usually, your maximum out-of-pocket is never more than a couple of thousand dollars over and above your chosen deductible. Back to Top

What is a network?
A network is a list of doctors, hospitals and other Florida providers that have contracted, or agreed, with an insurance company to do business with the insurance company. The providers fees have been pre-negotiated, which means that the insurance company will not necessarily pay the doctor or hospital what your actual medical bills are, but will pay a lower amount.

What is a pre-existing condition?
A pre-existing condition is any health condition you have or have had prior to applying for a Florida health insurance policy.

Can I get Florida health insurance if I?m currently pregnant?
Unfortunately No. You certainly may obtain insurance prior becoming pregnant and if you have other children, they may be insured through us at any time.

What is HIPAA?
HIPAA stands for the Health Insurance Portability and Accountability Act, which is a law mandating that anyone belonging to a group health insurance plan must be allowed to purchase health insurance within an interval of time beginning when the previous coverage is lost regardless of current health status.





		Florida Insurance FAQ View Homeowner's Insurance FAQ View Auto Insurance Insurance FAQ View Renter's Insurance FAQ View Health Insurance Insurance FAQ Auto Insurance Do I need auto insurance? In most states, auto insurance is required by the law. Without this you will not be allowed to buy a car, or operate it if your auto insurance should expire. Will my auto insurance policy be cancelled if I miss a payment? This all depends on your auto insurance company, as well as the state that you live in. Even though you will probably receive a late payment notice in the mail, some companies have the right to cancel you. Will one claim lead to my auto insurance policy being cancelled? In most cases, one claim will not lead to your policy being cancelled by your provider. But with that in mind, with each claim that you file the chance of your premium rising is very good. What are points, and how can they affect me? When you get a moving violation or other type of infraction points may be added to your record. Each type of violation has a point value assigned to it. As you get more points, your insurance premium will most definitely rise as you are seen as a risk. If I have a broken windshield will my auto insurance company cover it? If you have comprehensive insurance included in your policy a broken windshield will be covered. If not, you may be responsible for the cost. Homeowner's insurance If my home is destroyed due to a natural disaster, will my home insurance cover me to live elsewhere until I can rebuild? This depends on the type of policy that you have. In most cases your home insurance will cover you to live elsewhere, but there will be a coverage limit that will only last a predetermined amount of time. An accident in my condo damaged another one in my unit. Do I have to file a claim? This will be contingent on the rules of your condo, as well as how the other owner plans on handling things. If you are found to be liable for the damage you may need to file a claim with your home insurance company. I am thinking of building a new home. While it is being built do I need to have home insurance? This is something that you should definitely consider. If you do not you will be putting yourself at great risk if something were to happen. Most standard home insurance policies will cover you for damages during the construction phase. Does flood insurance come with home insurance? Many people think that with home insurance they are covered against floods. This is not the truth. If you want to have flood insurance you need to add this coverage to your home insurance policy. It is not included. Renter's Insurance How much does renter's insurance cost? Renter's insurance probably costs less than you think. It should run you roughly $10-$25 per month, and you may be able to benefit from certain discounts. What if I don't have much personal property? Renter's insurance is still important even if you don't have much personal property because of the liability component. Also, chances are your personal property is worth more than you think. If you don't have much personal property to insure, then you can save money by choosing a lower policy limit. Do I need renter?s insurance if I rent a condo, coop, or house? Yes. Renter's insurance is important as long as you rent your home. It applies the same whether you rent an apartment, condo, coop, or house. Will I get enough money to replace my stuff if it gets damaged or destroyed? That depends on whether you opt for an actual cash value (ACV) or replacement cost coverage policy. ACV coverage pays for the market value of your property at the moment before it was damaged. Replacement cost coverage pays you the full cost of getting a new item to replace the one that was destroyed. Health Insurance FAQ What is a deductible and how does it work? A deductible is the amount of money you must pay each year before your Florida health insurance plan starts to pay for covered medical expenses. What is coinsurance? Coinsurance is a cost-sharing requirement where you are responsible for paying a certain percentage and the insurance company will pay the remaining percentage of the covered medical expenses after your Florida plan deductible is met. What are co-pays? A co-payment or co-pay is a specific flat fee you pay for each medical service, such as $30 for an office visit, after which the insurance company often pays the remainder of the covered medical charges What's the difference between a Primary Care Physician (PCP) and a specialist? A Primary Care Physician, or PCP, is the doctor you would go to on a regular basis, such as when you're simply not feeling well, or have an ear ache or the flu. A specialist is a doctor that your PCP might refer you to if the problem you have requires a doctor with more experience in a certain area. What is "Out-of-Pocket-Maximum?" This is the amount of money one would pay out of their own pocket towards your Florida medical expenses in any given year. An out of pocket expense can refer to how much the co-payment, coinsurance, or deductible is. Also, when the term annual out-of-pocket maximum is used, that is referring to how much the insured would have to pay for the whole year out of their pocket, excluding premiums. Usually, your maximum out-of-pocket is never more than a couple of thousand dollars over and above your chosen deductible. Back to Top What is a network? A network is a list of doctors, hospitals and other Florida providers that have contracted, or agreed, with an insurance company to do business with the insurance company. The providers fees have been pre-negotiated, which means that the insurance company will not necessarily pay the doctor or hospital what your actual medical bills are, but will pay a lower amount. What is a pre-existing condition? A pre-existing condition is any health condition you have or have had prior to applying for a Florida health insurance policy. Can I get Florida health insurance if I?m currently pregnant? Unfortunately No. You certainly may obtain insurance prior becoming pregnant and if you have other children, they may be insured through us at any time. What is HIPAA? HIPAA stands for the Health Insurance Portability and Accountability Act, which is a law mandating that anyone belonging to a group health insurance plan must be allowed to purchase health insurance within an interval of time beginning when the previous coverage is lost regardless of current health status.

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Florida Insurance FAQ

Auto Insurance

Homeowner's insurance

Renter's Insurance

Health Insurance FAQ