Home to over 16 million people, Florida offers all existing types of insurance, including but not limited to:
Speaking of arguably the most important type of insurance – health insurance – about 12% of Floridians are uninsured, whereas the largest part of those insured is among employers.
Most of the time, the routine of choosing insurance coverage and the factors that you should pay attention to will vary depending on the type of insurance you need and the amount of coverage. For example, if you need individual health coverage – which may happen if you are self-employed or you have retired before age 65 – then you will have to navigate to HealthCare.gov to enroll (Florida uses the federal health marketplace).
Keep in mind, though, that in addition to premium, it’s worth taking into account out-of-pocket costs (copays, coinsurance, deductibles, etc.) when choosing your insurance coverage in Florida.
Here are some average monthly insurance premiums in Florida:
But then again, the actual figure may differ depending on the peculiarities of the insurance package.
When it comes to illegal or deceptive practices in the insurance industry, it is not difficult to identify them—overcharging clients, making misleading statements, stalling, or minimizing claims. Naturally, federal law prohibits such fraudulent practices as sliding. For instance, the OIR in Florida issued a memorandum back in 2015 regarding the sliding practices in the insurance […]
The DUI and DWI terms tend to cause a lot of confusion in the general population. But it is only natural because federal laws offer no clear distinction between the two. When looking up DUI, you may also find other criminal offense names like DWI, OVI, or OWI. In essence, they all are synonymous terms […]
Motorcycle insurance is meant to shield owners and their motor transport from unexpected losses and associated material risks. Different policies are intended to compensate for theft, damage to motor transport or other vehicles, and medical costs. Riders can purchase multiple add-ons to safeguard the motorbike accessories, ensure towing handling, and compensation for physical harm. The […]
Getting fired can take you by surprise, but deciding to quit implies having a plan in place. It’s no secret that these options require dealing with health insurance continuation. Without it, severe disease or a bad accident can cost you a pretty penny. And even a minor health issue is likely to result in disproportionate […]
With the total annual incurred losses for home insurance in the United States being well over $65 billion and the median single-family home price in Florida nearing $350,000, protecting your home in the Sunshine State is just as important as safeguarding your life and health. Prone to hurricanes, floods, and fire, Florida is unique in […]
Uninsured motorist coverage helps you mitigate the risk of other drivers not having liability car insurance at all.
Every parent is concerned about a child’s well-being and health. That is why it is common for parents to add their kids as dependents and provide them the much-needed security. But when the right time comes, grown-up kids have to be taken off their parent’s plan. So, when do adult kids age off their family […]
If you contemplate whether you should buy a Florida property, then the Florida homesteading law is the place to start. It is common for states to increase taxes and for individuals to look for a way to minimize their financial liabilities. Since taxes tend to add up, especially in states like Florida, there is a […]
