Posts made in January 2021

man thinking

Different Insurance Services that Everyone Should Consider

For most young adults, insurance is probably not at the top of their list, even though it should be. Sure, it’s not the most exciting aspect of being an adult, but it’s important to ensure you’re covered on some of the most important aspects of your life. That’s why the next step after you strike out on your own, or maybe have saved enough money, is to find the best insurance services in Maitland, FL.

Life Insurance

Life insurance covers things such as funeral costs after your passing. It’s even more important if your family is dependent on your income. You’ll be able to ensure all funeral expenses are taken care of so they can focus on other things. There are two types of life insurance you can choose from, either traditional whole life or term life.

Health Insurance

You want to avoid paying out of pocket for your health needs as much as possible. Statistically, most families are one serious illness away from a serious financial crisis. If you can’t get coverage through an employer, find a trade organization or associations about potential group health coverage.

Long-Term Disability

We don’t normally consider long-term disability insurance; however, one in four workers will become disabled and unable to work before retirement. While health insurance covers medical bills, this will help you cover expenses usually covered by a paycheck.

Auto Insurance

Lastly, making sure you have auto insurance could save you a lot of headaches in the event of an accident. It can cover the cost of repairing or replacing your car depending on if you’re at fault or not and depending on the insurer.   It can also help guard you against litigation should there be cause for legal action.

Contact Mike Elliott Insurance Agency, Inc. to learn more about their insurance services and how it can cover you on all these bases.

college student leaning out of a car window

What to Consider When Buying Auto Insurance as a College Student

Going off to school is a brand new chapter in your life that comes with many exciting new things, but also some more daunting and dull responsibilities.  Many college students will own a car by the time they’re tracking off to school, but that means investing your vehicle needs to be insured. Navigating your way through the jargon and the process itself is confusing, especially for first-time applicants. That’s why we’re here to give you some things to consider when purchasing auto insurance in Maitland, FL.

Right off the bat, you should know that most college-aged students (anywhere between the ages of 18 to 25) are more expensive to insure. Statistics show that drivers in that age range are riskier drivers. Auto insurance companies take into account your age and where your living as features to determine a good price for your plan. If you’re looking for the best way to save money, an option you can consider is staying on your parent’s insurance policy.

Staying on Your Parents Insurance to Save a Buck

Besides staying on your parents auto insurance policy being cheaper, you’ll find that it can also help you with:

  • Lack of a Credit Score
  • Convenience
  • Qualifying for Discounts
  • You May Be Protected Outside of Driving

Contact Mike Elliot Insurance Agency, Inc. to learn more about the best auto insurance plan for you.

hurricane off the coast of Florida

Take Steps to Protect Your Vehicle from Hurricane Damage

Hurricanes don’t differentiate; they are indiscriminately destructive. All you can do is be prepared by taking steps to protect your belongings well before one is forecast.

We’re going to look at how you can protect your car with auto insurance in Maitland, FL, and by following a few simple tips. Insurance is our specialty at Mike Elliott Insurance Agency, Inc., and we’ll focus on protection in addition to auto insurance coverage.

Something you may not have considered is taking pictures of your car’s interior and exterior before any storm, so you have a record of its condition.

Make sure you have all your automobile documents and important papers in a safe place. Keep them sealed in a baggie in your car. It’s a good idea to have copies in your home as well.

Fill your fuel tank before the storm comes. That way, you’ll be able to travel and seek help if necessary after the hurricane. You can never be sure gas stations will have power in the aftermath of a storm.

Find a secure parking spot inside a garage, if possible. If not, look for a sheltered area that won’t be flooded or exposed to high winds.

Once the storm passes, recheck your vehicle to make sure it’s safe to drive. If there’s damage, take more photos so you can use them for auto insurance claims and repairs.

man driving a car

Why Car Insurance in Florida Is Expensive

There are a lot of vehicles on the road in Florida, and some would say there are a lot of bad drivers too. We’re not here to discuss the quality of motorists in our fair state, but we are here to discuss why car insurance in Maitland, FL, and across the region is so expensive. We know the reasons at Mike Elliott Insurance Agency, Inc., and we’ll list them here.

One main factor is we have mandatory Personal Injury Protection (PIP) insurance, making it illegal for motorists to drive without it. Having PIP on top of regular car insurance increases costs.

All you need to do is look around the roads, and you can easily picture another reason – car accidents. There are plenty of them, so risks are higher and insurance rates are increased as well.

Having the third-largest state population in the US equals many drivers packed into cities and towns. That leads to people in certain densely populated areas paying higher rates.

We have low required coverage. Although you would think this means lower rates, if you are looking for more protection than the bare minimum, you will pay a lot more.

And finally, there are a lot of lawsuits resulting from collisions. Those suits lead to increased costs for insurers and drivers across the state.