Common Questions for Car Insurance in Fort Lauderdale.
Why is car insurance so expensive in Fort Lauderdale?
- Factors that drives up the cost of car insurance: high accident, theft , weather risks such as flooding and storms, legal environment such as PIP claims.
Does my ZIP code affect my Premium in Fort Lauderdale?
- Yes, Fort Lauderdale has certain areas with higher theft or accident rates, so Yes where you live often matters.
What car insurance discounts are available in Fort Lauderdale?
- Multi car discounts, bundling home with auto, Good student discounts, prior insurance discounts, clean driving records, higher deductible.
What are the minimum car insurance requirements in Fort Lauderdale, Florida?
- the Minimum car insurance required is Personal Injury Protection (PIP) $10,000 and Property Damage $10,000
Common Questions for Home Insurance in Fort Lauderdale.
How much does Homeowners insurance cost in Fort Lauderdale?
- factors that affect the premium determination: Dwelling Value, Age of the home, Central Alarm System, Impact windows, Deductibles, Distance away from coastal water.
What is Assignment of Benefits (AOB) and how it affect my claim?
- AOB allows a third party like a contractor to handle your claim with your insurance company for repairs of damages, in certain cases AOB assignment is becoming a controversial legal abuses in Florida.
Why is home insurance high in Fort Lauderdale?
- Florida has higher home insurance premium than many other States due to risk factors such as: Flooding, Hurricane, Windstorms, risk of Sinkholes, and litigation between homeowners and insurance companies.
What is the Minimum Roof Life Expectancy Required by Insurance Companies in Fort Lauderdale?
- If a SHINGLE ROOF is older than 15 years old, insurance companies can refuse to issue or renew a homeowners policy.
- If a TILE ROOF is older than 25 years old, insurance companies can refuse to issue or renew a homeowners policy.