How much home insurance do you need?

Home insurance in Davie, FL is not an option. While you certainly have the choice of going without insurance, you may reconsider the notion after learning about the repercussions of such a decision. Those who go without home insurance in the Sunshine State run the risk of experiencing significant financial loss when natural disasters occur. You may also find yourself in a money bind if a visitor injures himself on your property while you are uninsured. 

It is best, then, to have enough indemnity coverage to ensure that you pay as little as possible from your personal finances when the unexpected happens. How much home insurance do you need, though? An agent from Zot Insurance Agency can help. 

The basics about home insurance

Home insurance is an indemnity policy specifically for your single-family home. You cannot use your home assurance plan to pay for auto incidents on the road. There is, however, often coverage for events that cause damage to your car while it is parked in your home’s driveway or garage. The average standard home insurance policy covers: 

  • Personal Property

  • Personal liability for bodily injuries occurring at the residence

  • Other structures (such as garages and sheds) on your property

A standard home insurance policy does not cover natural disasters such as flooding caused by hurricanes. You need to purchase special coverage for such incidents. 

Is flood insurance required in Davie, FL?

There is no official law that requires Florida homeowners to obtain flood insurance. Your mortgage company, however, may mandate that you have flood insurance, especially if you reside in an area prone to inclement weather. 

You should consider purchasing a home insurance policy with flood insurance regardless of whether such is a state law. You may find yourself on the hook for thousands if a storm passes through the town and destroys your home. 

The agents at Zot Insurance Agency can help you find the home insurance policy that works best for your lifestyle, whether you live in Florida or another state. Call us today to get started with a quote and have your questions answered!

How trucking insurance can help you

Commercial trucking is an important career as it is necessary for products to be shipped all over the country. If you are employed in the trucking industry or own your own truck, it is vital that you adequately protect your business. One of the best ways to do this today is through the use of a trucking insurance policy as it can help you in several different ways. 

Cargo Insurance

Getting involved in an accident is always very stressful. However, this could be even more stressful if you drive a truck that contains valuable cargo. If this happens, you could end up losing a lot of money if the load is damaged. Through a trucking insurance policy, you can receive coverage for your cargo due to damage, theft, vandalism, fire, or several other loss-creating situations. 

Liability Insurance

When you drive a truck in the Davie, FL area, you also need to make sure that you are covered for liability. Whenever you drive a truck, you are taking on responsibility. If you happen to cause an accident that leads to damage, you could end up being found liable. A trucking insurance policy will provide you with coverage if you are found liable for damages and help with the costs involved. 

As you are shopping for your next trucking insurance policy, you should reach out to the team at Zot Insurance Agency. Choosing a trucking insurance policy in the Davie, FL area can be complicated and confusing. The professionals at Zot Insurance Agency will help you understand better the risks that come with owning a commercial truck and how you can protect yourself with a quality trucking policy. We can then help you get a quote and answer your questions.

Do You Need To Include Outbuildings On Your Home Insurance Policy?

Navigating the finer points of home insurance can be complicated. One of the most common questions that homeowners may have can include whether or not they need to include an outbuilding on the home insurance policy. To determine the answer, you need to know a few key pieces of information. 

Determining The Need To Insure An Outbuilding

If you are unsure whether to insure a building that isn’t part of your main dwelling, consider the following points. First, you must determine the value of the contents of the building. You may not want to include the building if it is small and is used to house tools and other items with less significant value. However, if you have a very large outbuilding and house items with a higher value, you will want to include that in the policy. Some policies do not allow outbuilding coverage, so you may need to purchase an additional policy. Ask your insurance professional what your options are and what make sense for your individual needs.

Working With An Agent

If you are shopping for a home insurance policy, you want to make sure you work with a skilled and experiences insurance agent so you get the right coverage. A good agent will explain each policy and make sure you have known the exact details as well as terms and condition. You can also enlist thier help with claims and questions that arise during the coverage period. If you live in or around the Davie, FL area and want to find out more about home insurance, you should check out Zot Insurance Agency.

If you have questions about home insurance coverage, or you want to find policies that cover your outbuilding, you should contact Zot Insurance Agency. They serve the residents in and around the Davie, FL area and welcome you to call or come by the office to speak with an agent. 

Do Work Site Trailers Need Commercial Insurance?

When it comes to commercial insurance coverage, there are many ways a policy can protect the policyholder. For example, there are many circumstances possible when it comes to housing a business or company like conducting business from a worksite trailer. This is a common practice for construction companies or a business that has recently moved or suffered storm damage and require temporary housing.

Using A Trailer To House An Office Or Business

If you are planning to use a portable office or trailer to conduct your daily processes or to serve as a home base for a business, you may need to purchase additional property insurance or special commercial trailer insurance. In some cases, a provider may not insure the trailer as part of the policy unless the policy value meets certain criteria. Before you begin using a trailer on your job site or as a home base for operation, you should consult with your insurance agent to find a policy that can fit your requirements and provide the right level of coverage.

Finding The Right Policy

Whether you are searching for an all in one policy solution or you want additional insurance to give you coverage for a new commercial office trailer, you can make the process easier by enlisting the help of a professional insurance agent. They can guide you through the selection process and give you options that can provide the ideal amount of coverage to protect from damages and loss. If you live in the Davie, FL area, you can count on Zot Insurance Agency to provide personalized service that can give you peace of mind for your business or company.

Commercial trailer insurance selection can be much easier when you work with a skilled insurance agent. Business and company owners around the Davie, FL area should call or stop by Zot Insurance Agency today to speak with an agent or to schedule a consultation. 

Trucking Insurance FAQS

If you are an owner-operator driving a truck in Florida you need to know all there is to know about trucking insurance in Florida because your very livelihood relies on having your truck even if something bad happens. At Zot Insurance Agency we are happy to answer any questions you have about trucking insurance in Florida. We serve drivers in and around Davie, FL with quality insurance services. 

Trucking Insurance Frequently Asked Questions

  • How does trucking insurance differ from regular driver’s insurance? There are higher coverage limits, and the premiums can be higher as well. Regular driver’s do not come across the same risks that a trucker does and a good insurance policy will protect you and your livelihood in case of an accident. 
  • How much coverage do I need? In Florida, you are required to carry a minimum that starts at $10,000 but can grow significantly according to what your cargo is. Ask about specific coverage requirements for your situation. It is a good idea to go beyond the minimum requirements so you have more than minimum aid after an incident. 
  • Should I buy more than my employer covers?  If you are not an owner-operator and are driving under your employer’s insurance policy it may be a good idea to buy an additional umbrella policy to protect yourself further. Discuss your options with our insurance agent, and possibly your employer to see if they want to fund part of your additional coverage. 

Contact us at Zot Insurance Agency to learn more about trucking insurance or to purchase a policy. We serve Davie, FL and the surrounding areas with quality insurance services for all types of drivers. Do not let risk lay in your life or job, get the coverage you need at the price you want. 

Why Vacant Home Insurance Is a Good Idea

Many people do not consider getting insurance coverage for a home that is vacant. If it is not occupied, why would it need to be insured? And many insurance companies standard plans will not cover events that may happen in a house that is unoccupied for certain periods of time.  

There are good reasons to have the property insured at all times. Zot Insurance Agency in Davie, FL deals with this type of situation and can help you choose the right insurance.

Providing financial protection from loss, theft or damage of a home that is uninhabited is what unoccupied property insurance deals with. A standard homeowners insurance policy won’t cover things like vandalism, fires, damages or other types of claims on a vacant property that has not been occupied. Leaving your home for even a few months and something like your home being vandalized, vacant home insurance is what would be needed for coverage because standard homeowners policy doesn’t cover this.

Unoccupied or vacant property insurance can be purchased as an add on to existing homeowner policies or it can be purchased separately. If it is purchased as a standalone, it is possible to eliminate the cost of a regular homeowner policy. An add on will potentially increase the cost of an existing standard policy.

The reason that standard homeowners insurance doesn’t cover unoccupied and vacant homes is that a greater insurance risk comes with an occupied home. Reasons can include greater chances of theft and vandalism in addition to an emergency response being slower since no life-threatening dangers exist when no one is there and the fire will be reported slower. These increase costs for insurance agencies that aren’t covered under a standard policy.

If you have a vacant home in need of insurance, Zot Insurance Agency in Davie, FL can help you with different options to suit your needs.

Do I Need Fleet Insurance If I Own More Than One Rig?

Owning a trucking company can make for some pretty big decisions. One of the most common is deciding whether or not you want to own two or more trucks. Not only does that require managing logistics, it also means finding the right type of insurance policy that will fully protect your business. Buying more than one semi can provide you the opportunity to invest in fleet insurance which could eventually result in major savings. In Davie, FL, the agents at Zot Insurance Agency can help you figure out what you need.

Fleet Insurance

Fleet insurance is designed to cover multiple vehicles that are used in the daily operations of your business. While some insurance companies require you to have at least two vehicles, others can require as many as five before you can be considered for fleet insurance. Vehicles that are maintained under a fleet insurance policy should only be used for the operations of the business.

Discounts for Multiple Vehicles

Insuring each vehicle on a one on one basis can be extremely expensive. Fleet insurance policies allow you to insure all of your vehicles under one policy, eliminating the extra administrative fees while providing you with the same type of coverage for an affordable rate. Rates vary from company to company so talking to your insurance agent is the best way to find out just how much you will save over the course of a year.

The agents of Zot insurance Agency make themselves available to business owners in Davie, FL who own multiple vehicles as part of their business. They can provide all of the answers you will need about fleet insurance. All you have to do is call and set up a consultation.

 

 

 

Does Commercial Insurance Cover Just Your Building?

Commercial insurance is something that all business owners should have. It covers a great deal more than you might expect in addition to your building itself. For those that live in the Davie, FL area, the agents with Zot Insurance Agency can help you find the commercial coverage that works best for you.

A commercial policy is first and foremost in place to protect the physical business itself. This means the building in which it is housed, the inventory, and any other elements that are vital to the working of the business. This also means anything like computers, scanners, or machines that are used to make products for sale for the business. This type of policy also covers your employees. If they are injured on the job, the policy can help pay for medical costs and for time off work.

It can also cover things like customer injury and even lawsuit costs if you are potentially dealing with a lawsuit. These coverages are there to make sure that you can stay open and stay operating through a greater variety of instances and that your business is always going to be working effectively even if something were to happen. Commercial policies can also have supplementary policies built in to protect from things like vandalism, theft, flood and so much more. It is critical that you make sure your commercial coverage fits the business that you are running and that your coverage is going to protect your business from just about anything.

For those that live in the Davie, FL area, the agents with Zot Insurance Agency can help you tailor a policy to your business and to your specific needs to make sure you are covered no matter what comes your way and no matter what you have to deal with.

Purchasing a Home? What Steps Should You Take?

If you’re interested in purchasing a home, you have more ahead of you than you may realize. It’s important though to follow these rules. At Zot Insurance Agency, serving Davie, FL and the surrounding area, we strive to help make the process of buying a home and maintaining it easier. 

Decide on a Budget

Before you decide on a home, you need to determine what’s in your price range. You want to keep in mind you may need to pay a higher monthly rate if you choose to put down a smaller down payment, especially since you may need to pay a special fee. To help you decide on a budget, you may want to use a mortgage calculator.

Start Looking for Homes

The second step to purchasing a home is browsing the homes that are in your price range.

Getting Your Loan

Then, you want to get qualified by a lender and gain approval. 

Make an Offer

The next step is to make an offer on the home you want. 

Select Your Loan

Then, you want to work with your mortgage lender and obtain your loan.

Get a Home Appraisal 

Your lender is going to ask you to get an appraisal. This particular portion of the home buying process consists of a person who isn’t associated with your lender going to the home and figuring out the value of your home. 

Paperwork

Like any major purchase, you have paperwork to fill out. In fact, when you’re buying a home, you have a great deal of paperwork to complete. 

Closing 

Closing the house is the final step. You finish with the last of the paperwork and loan documents. 

Get Insurance

As soon as you get your home, you want to purchase a home insurance policy.

Get a quote for a home insurance policy from Zot Insurance Agency, serving Davie, FL and the surrounding region, by calling 954-680-8088 today.  

Trucking Insurance: Excessive Liability Or Umbrella Coverage?

When it comes to your Florida trucking insurance, although the terms excess liability and umbrella liability are often confused as being the same, they are quite different. Zot Insurance Agency is here to help you understand how each type of insurance works. 

Umbrella vs. Excess Liability Insurance 

While there are similarities, there are differences. Umbrella liability is collective. It could reach over general, auto, or employer’s liability, as well as provide coverage when the underlying coverage does not exist. Excess liability is very specific. It is extra coverage over a set amount for all three lines of coverage. What they do share in common is that for either an umbrella or excess liability policy to trigger, the underlying insurance policy line must be exhausted. 

Umbrella Liability and Excess Liability Insurance Coverage 

Both policies provide an excellent solution to help you protect your assets (such as your Davie, FL home) and net worth in the event you are faced with a large claim. The coverages may also meet shipper’s requirements for specific loads. 

For example, excess liability can be written in whereby the carrier chooses not to select the higher limits required by the shipping contract. This provides no coverage for other hauls that the carrier has that do not involve the shipper named on your excess liability policy. If an umbrella policy is triggered due to a claim that doesn’t include the underlying insurance than retention or deductible (typically $10,000 per claim) would apply.  

With ever-increasing claims in the trucking industry, it is smart to consider either an excess liability policy or an umbrella liability policy to protect you and your business. To learn more about umbrella and excess liability or to speak with an agent about your trucking insurance needs, call  Zot Insurance Agency in Davie, FL today. We serve over seven states!