Choosing Florida Low Cost Auto Insurance

When  you are looking for auto insurance in Florida, you may find that there are many low cost options like  However, there are some things to keep in mind when choosing your auto insurance to make sure you are insured properly.

Florida Insurance Laws

Florida insurance laws are different from many other states, due to their No Fault insurance requirements.  Florida law requires all drivers to carry insurance that includes property damage liability and personal injury protection, with a minimum of $10,000 in coverages.

  • Personal Injury Protection, or PIP Insurance Florida’s No Fault Insurance – This insurance provides coverage for injuries regardless of who is at fault in the accident.  This policy covers auto accidents, but also applies to accidents involving pedestrians, school buses, and bicyclists.  This insurance coverages provides protection for covered individuals, even if the other party in the accident does not have PIP insurance, or is in a vehicle that is not registered properly.
  • Property Damage Liability, or PDL Insurance – This policy covers damages that you or other covered persons in your vehicle cause to someone else’s property.  PDL policies only cover the other person’s damages, not any that may occur to your own vehicle during the accident.

One thing that allows companies to provide Florida low cost auto insurance is the fact that there are no requirements for you to carry insurance that covers damages to your own vehicle.  While this does result in lower premiums and costs for the insurance, it can lead to financial problems if your vehicle suffers extensive damage.  You will need to come up with the funds to pay for those repairs before you can safely drive your vehicle again.

Bodily Injury Liability, or BIL Insurance

BIL is another type of insurance that is offered in Florida, but is not required.  This insurance pays medical bills or funeral costs that are the result of you or another covered driver that causes an accident with injury.  Florida is one of only two states in the US that does not require this insurance, but having it can be important.  Even though BIL insurance costs more, and increases your premiums, if you do not have it, you will be responsible for paying those costs out of your own pocket.  This means that there is the potential that you could lose your home or other major assets if you are unable to pay for another person’s treatments or funeral.

Choosing Coverages

The Florida insurance laws go a long way in helping residents save on auto insurance costs.  However, many believe that these same laws help perpetuate reckless driving and fraud due to the protections that these laws provide for at fault drivers.

When choosing your Florida insurance coverages, you should make sure to carefully consider your options.  While it may be significantly cheaper in the short term to forego any coverages that are not   required by the state, this can result in financial difficulties if you are ever the cause of an accident.

Florida Health Insurance Providers Propose Rate Increases for 2016

Florida Health Insurance Providers Propose Rate Increases for 2016

Health insurance providers that provide healthcare plans to Florida residents through the federal healthcare marketplace,, is want to increase rates in 2016. These rates increases are in the double digits. This rate increase could be costly for Florida residents.

Why Do They Want an Increase?

Florida health insurance providers state that one of the main reasons for the requested increase is that more Florida residents are using their insurance. These providers are seeing an increase in doctor visits and filling prescriptions.  According to a recent Gallup Poll, 9 out of 10 Americans are covered by healthcare. Even with the uninsured rate higher in Florida (at about 22%) than the national average, over a million people in Florida signed up for health insurance coverage through in 2015.

In addition to more insurance users, United Healthcare of Florida also claims that healthcare providers are charging more. To cover these costs, Florida health insurance providers want to place the burden of those costs on the citizens of Florida who use Obamacare.

Finally, other experts see another reason for the rate increases. These experts believed that the health insurance companies proposed an original rate for Obamacare that was lower than the actual value of the insurance to lure in buyers. Once the companies had a stable client base from the marketplace, one being they began to introduce rate increases banking on individuals not wanting to change coverage, despite the rate increases.

How Much of an Increase?

Florida health insurance providers are only required to report a request of 10% or more. That being said, United is requesting an increase of 18% along with Coventry. Aetna is looking for an increase of 21%. Cigna currently has the lowest reported request at 12%.

What Happens Next?

Florida insurance regulators have the power to reject the rate increase requests. More often, lower rate increases are negotiated. Overall, Obamacare providers increased rates about 5.4% on average last year. Final rate increase figures are not released until August. Open enrollment for begins in November. This gives users a couple of months to shop around for the best price.

What Does This Mean for Floridians?

While over a million Floridians receive federal subsidies for health insurance coverage purchased through, these individuals may still see an increase in health insurance premiums. Government subsidies only cover so much. If the rate increases are steep enough, the subsidies will not cover enough of the premium so those receiving the subsidies will have to pay more out of pocket.

Rate Increases Spark Debate

These rate increases are sparking debate over the ACA all over the country. Opponents of Obamacare argue that the flooding of the insurance marketplace is creating a healthcare backlash. Patient interests groups are arguing that Obamacare is not all that it’s touted to be. Whether it’s Obamacare opponents or patient advocates, the sentiment stands that Obamacare isn’t working.

Rate Increases Not Good for Florida Residents

If Florida health insurance providers get the raise increases that they’re wanting, this won’t work out well for Florida residents who use Now that affordable healthcare is within their grasp, Florida health insurance providers want to yank it back up out of reach. It should be a good thing that over a million Florida residents are now receiving healthcare that was once unavailable to them, instead of being a reason for complaint. If these proposed rate increases are allowed, then over a million Floridians will probably have to pay more for health insurance, and the vision of providing affordable healthcare will only be a dream.

Texas Homeowners Insurance Quotes

Considerations for Texas homeowners insurance quotes.


When reviewing a quote for homeowners insurance online from someone like , it is important to consider all the aspects of the policy. Beyond just the building itself, homeowners insurance can also cover the things and people inside the home as well. Most lenders require a minimal level of coverage for the duration of the mortgage, after which owners are allowed to change their policy. Some opt to select a desired level of coverage and maintain it as long as they are in the home, while some like to shop around once the mortgage is paid off. Others are allowed to shop more when they are still purchasing the home to begin with. There is no requirement by law to have coverage, but it can be an enforceable limit imposed by lenders, though within reason. Even renters can opt to obtain Texas homeowners insurance quotes from for matters such as personal property and liability coverages.


When shopping for and deciding on an insurance company:


Take into consideration the company’s reputation and licensing. If they are not authorized to operate in Texas, then they are not the right company for any resident. The average rate for most Texas homeowners insurance quotes is around  $1,500 per year of coverage. This means that there are quite a number of higher cost policies. The majority of residents living along the Gulf Coast make up the higher cost policies, while those more inland and in rural areas account for the lower cost policies that contribute to the average. When it comes to housing, location is a large part of not only the homes value, but the costs to insure it. The reason for this is statistics. Living in areas where there is more chance for serious environmental hazards means that companies will end up paying out more money. The more they have to pay, the higher everyone’s premium will end up being for that area.


The age of the home also makes a big difference in the price of the policy. As buildings age they tend to loose value in general. With proper and regular maintenance this loss can be made up for, but otherwise the rule of thumb is that older houses pose a bigger risk for insurance companies in terms of what they end up paying for. Some insurance companies can even deny coverage to homeowners with property over a certain age.


Which companies give the best Texas homeowners insurance quotes?


There are several companies in Texas that offer homeowners insurance and most of which offer online quotes. Among them, the top three companies in terms of polices held and property values covered are: State Farm Mutual Automobile Insurance, Allstate, and Farmers Insurance Group. They offer some of the most competitive rates and the broadest range of discounts. There are many things that Texas homeowners insurance quotes from a website cannot list, which makes it important to contact them directly. Things like a home security system, official property inspections and assessments, and even gardens or other additions to the home can lower the premiums on homeowners insurance. The many different potential factors are hard to fit into a single form for a quote, which is why interaction is necessary to find out the most accurate pricing.


Ways residents can get the most of their Texas homeowners insurance quotes.


When requesting a quote for homeowners insurance, it is important to consider all that you may do to get even better rates. Some discounts that a company offers are not applicable from the start. Many offer incentives for loyalty, or staying with the company for longer. Others may offer potential discounts after certain aspects are fulfilled. Installing an alarm, holding other insurance policies such as auto, and varying deductible rates can all affect the price of a homeowners policy. There may also be discounts for people over a certain age, or specialized insurance plans for homes over a certain age or of a certain style.


Maintaining homeowners insurance in Texas.


Depending on which part of the state  you live in, it may be possible to help lower or maintain your insurance raters through regular maintenance of your property. Keeping the home itself in good repair is a major aspect to maintaining its market value and in discouraging premiums to go up. If a home falls into disrepair it can become ineligible for insurance, and as its not a legal requirement, companies are allowed to deny service. For homes along the coastal region, this can spell disaster during a hurricane or severe storm. Owners can also reassess their belonging and coverage needs as the years progress as well. Taking a yearly inventory can help owners determine how much or how little coverage is really needed in terms or property coverage. From the first Texas homeowners insurance quotes, to the many years after choosing a policy, knowledge and vigilance are the best tools for saving money and keeping premiums reasonable.