Question 1

What types of insurance do I need in Miami?

Accepted Answer

Most Miami homeowners need a combination of homeowners insurance, flood insurance, and windstorm coverage. Florida law requires separate wind and flood policies in high-risk areas. We can help you understand exactly what coverage you need based on your property location.

Question 2

How quickly can I get coverage?

Accepted Answer

Standard homeowners insurance can often be activated within 24-48 hours. However, flood insurance through NFIP typically has a 30-day waiting period. We recommend getting coverage as early as possible, especially before hurricane season.

Question 3

How much does flood insurance cost in Miami?

Accepted Answer

Flood insurance costs vary based on your property's flood zone, elevation, and coverage amount. On average, policies range from $400 to $2,000 annually. Properties in high-risk zones (AE, VE) typically have higher premiums. We can provide a personalized quote based on your specific property.

Question 4

Is flood insurance required in Miami?

Accepted Answer

If you have a mortgage and your property is in a high-risk flood zone (Special Flood Hazard Area), your lender will require flood insurance. Even if not required, we strongly recommend flood insurance for all Miami properties due to the area's susceptibility to flooding from storms and heavy rain.

Question 5

Do I need hurricane insurance?

Accepted Answer

Florida doesn't offer standalone 'hurricane insurance.' Instead, you need a combination of homeowners insurance (for wind damage), flood insurance (for water damage), and possibly a separate windstorm policy. We'll help you understand which policies provide hurricane protection.

Question 6

What's the difference between wind and flood damage?

Accepted Answer

Wind damage (covered by homeowners insurance) includes damage from hurricane winds, such as roof damage or broken windows. Flood damage (covered by flood insurance) includes water that enters from the ground level, storm surge, or heavy rainfall. Both coverages are typically needed for complete hurricane protection.

Question 7

What's covered under homeowners insurance?

Accepted Answer

Homeowners insurance typically covers your home's structure, personal belongings, liability protection, and additional living expenses if your home becomes uninhabitable. However, flood and earthquake damage are excluded and require separate policies.

Question 8

Does homeowners insurance cover roof damage?

Accepted Answer

Yes, homeowners insurance typically covers roof damage from covered perils like wind, hail, or fire. However, damage from lack of maintenance or normal wear and tear is not covered. Many Florida policies have specific wind/hurricane deductibles for roof claims.

Question 9

What auto insurance is required in Florida?

Accepted Answer

Florida requires minimum coverage of $10,000 Personal Injury Protection (PIP) and $10,000 Property Damage Liability (PDL). However, we strongly recommend additional liability coverage and comprehensive/collision coverage to fully protect yourself financially.

Question 10

What is uninsured motorist coverage?

Accepted Answer

Uninsured/Underinsured Motorist (UM/UIM) coverage protects you if you're hit by a driver with no insurance or insufficient coverage. Given that about 20% of Florida drivers are uninsured, this coverage is highly recommended to protect yourself and your family.

Question 11

What does commercial insurance cover?

Accepted Answer

Commercial insurance protects your business from property damage, liability claims, employee injuries, and business interruption. Common policies include General Liability, Property Insurance, Workers' Compensation, and Commercial Auto. We customize coverage based on your specific business needs.

Question 12

Do I need workers' compensation insurance?

Accepted Answer

Florida law requires most businesses with 4 or more employees to carry workers' compensation insurance (construction companies need it with just 1 employee). This coverage protects your business from workplace injury claims and provides benefits to injured employees.

Question 13

What health insurance options are available?

Accepted Answer

We offer ACA Marketplace plans, private health insurance, short-term medical plans, and supplemental coverage. We'll help you navigate the options and find a plan that fits your healthcare needs and budget, including assistance with subsidy eligibility.

Question 14

When can I enroll in health insurance?

Accepted Answer

The ACA Open Enrollment Period typically runs from November 1 to January 15 each year. However, you may qualify for a Special Enrollment Period if you experience certain life events (marriage, birth, job loss). Contact us to see if you qualify for immediate enrollment.

Frequently Asked Questions

Still Have Questions?