We all are cutting corners these days, but is it wise to cut back on your auto insurance coverage? First lets see what exactly Liability Insurance does for you.
Liability Coverage (Liability)
Liability is one form of coverage addressed in most automobile insurance policies. Liability insurance is the coverage that pays for injuries and damage sustained by a third party and/or their property for which you are responsible.
Bodily Injury Liability (BI)
Covers just that, other parties bodily injuries or death in case of an accident which you are responsible. It also protects you in case of a lawsuit and provides legal defense. This coverage is usually required. Be sure you have enough coverage in case something does happen and you have enough coverage so you do not have to pay out of pocket for medical bills, loss of income, pain and suffering, etc. Bodily Injury Liability does NOT cover you or other people on your policy. Coverage is limited to the terms and conditions contained in the policy. It is mandatory in most states.
Insurance that Covers Property Damage (PD)
This is coverage in case you cause an accident or damage to someone else property and will cover your vehicle as well. For instance, if you damaged another parties vehicle, mail box, a sign, statue, etc.Some insurance policies have split limits for bodily injury and property damage. If you select limits that are too low, you could be putting yourself at risk financially. Be sure to check what your insurance policy provider allows for these limits to be sure you have enough coverage.
Liability limits are one way to save money on your insurance policy, but you need to be very careful about how low you choose to go.
The lower your limits on your liability coverage the lower your premium will be and the less you will be covered by your insurance in case an accident does occur. This means you will be paying more out of pocket. This is definitely not a place to pinch penny’s, it could cost your thousands of dollars later.
Call us today to get your questions answered. 863-453-3903 or visit our website budgetbirite.com fill out the form and we will have an agent contact you within 24 hours.
We find insurance that meets every budget!
Hurricane Irma caused devastation in Florida and much more along the way. While we are still in recovery mode but at least just about everyone has their electricity back and are finding a way to return to a normal routine that Irma so fiercely disrupted. Once the storm is over its time to access the damages for your home and call your insurance company. Once an agent gives you an assessment of the damages and the money for repairs, your next step is just as important, finding someone to do the repairs.
Be Aware!! There are many scammers out there wanting your insurance money that you worked so hard by making monthly payments for. You want to make sure that the people who are going to repair say your roof does the job they are hired for and it will pass inspection.
See the following helpful articles to avoid being scammed.
From Article – “If an offer sounds too good to be true, it probably is and could be fraud,” said state Chief Financial Officer Jimmy Patronis. “Opportunistic scammers may attempt to defraud Floridians following Hurricane Irma, and I encourage all Floridians to be vigilant in guarding against fraud. Consumers should report suspicious activity ASAP by calling 1-877-693-5236.”
From article – “Instances of scams and fraud are common after major natural disasters as opportunists rush to capitalize on dire situations.”
Advice from the Better Business Bureau – “If someone shows up at your house unannounced and claims to be an insurance adjuster, do not invite them into your home. Ask for company ID. If they don’t have any, ask them to leave your property and shut the door.” -Katherine Hutt, Better Business Bureau
Please contact us if you have any questions,
Buget Bi Rite Insurance, Inc
Happy First Day of Fall / Autumn 2017! For the past couple of weeks our county has been recovering from Hurricane Irma who did a lot of damage. While we do not have the changing colors of leaves here in Florida, the cool weather is always a welcome sign that Fall is here and Hurricane season will soon be over. Getting out Fall cookbooks, along with the crock pot and dreaming of the aroma of Beef Stew, Chicken and Dumplings and other wonderful recipes for Fall are already on our minds.
Wishing everyone a very happy new season of Autumn/Fall.
The last time the United States of America saw a full Solar Eclipse that crossed across the country was June 8, 1918. This Monday, August 21, 2017 you can witness this natural phenomenon, “The Great American Solar Eclipse”. The ellipse will begin at Lincoln City, Oregon, at 10:15 a.m. PDT (1:15 p.m. EDT) and continue across the center of the US bringing a few minutes of darkness in its path to each state in certain areas, where other area’s will see a partial eclipse. It will end at 2:48 p.m. EDT near Charleston, South Carolina.
Warning!! It is not safe to view this eclipse without protecting your eyes.
One thing we have today that was not available in 1918 are Solar Viewing Glasses or also called Eclipse Glasses and Personal Solar Filters.(Sunglasses cannot be used in place of these viewing glasses).
Please see the following articles about the dangers to your eyes and ways you can see the eclipse without directly looking at it.
Here are few places to check out when and where this will all happen:
TimeandDate.com – has lots of information and you can put in your city and state to see exactly when the eclipse will occur for your area and for how long.
10 Best Places to See the Eclipse – greatamericaneclipse.com has Maps and times available for the best places for the total solar eclipse.
Enjoy the Eclipse :}