What Your Home Inspection Report May Reveal

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Conducting a home inspection is a crucial part of homeownership. The results of an inspection can significantly impact the amount of insurance coverage needed to protect your home and belongings.

The Importance of Home Inspections

A home inspection should be performed when shopping for a new home. If you’re interested in a particular property, an inspection will provide a detailed assessment of the home’s current condition. It can also reveal underlying issues or potential risks that may require additional home insurance coverage.

Inspections are also valuable at various points during homeownership. For example, if you’re planning a remodeling project, an inspection can help determine the value of the addition and identify any liability risks that may necessitate increased insurance coverage.

Liability Coverage

If your home inspection report identifies liability risks, it’s important to evaluate how much liability protection you need. Features like staircases, pools, or other elements that could potentially cause injuries require sufficient coverage. Liability insurance can help cover expenses related to injuries or property damage that occur while someone is on your property.

Personal Property Coverage

If your inspection report highlights weather-related risks or the potential for criminal activity, you may need to adjust your personal property coverage. This type of insurance reimburses you for out-of-pocket costs to repair or replace items you own that are damaged or stolen.

Get Expert Guidance

Do you have questions about your home inspection or insurance needs? Contact one of our agents at Karla Salmon Insurance. Our team, serving Oviedo, FL, is ready to assist you with any concerns and help you find the right coverage for your home.

As Your Business Grows, Your Commercial Insurance Needs to Do the Same

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Your business can expand in many ways over the years, from hiring new staff to adding new locations to offering new services. Your business is constantly evolving, so it’s important to ensure your commercial insurance policy evolves with it. Business growth comes with new risks, but your commercial insurance policy can help protect your hard work.

Industry-Specific Risks

Your specific industry may be particularly prone to risk. For example, you may need to enhance your commercial insurance policy to cover transportation, or you may need to take out cyber insurance if you offer digital services or products. Your insurance agent can help you determine the right policy for the needs of your growing business.

Business Interruption Insurance

Predicting certain events, like natural disasters, fires, or supply chain issues, is impossible. A temporary setback can become a long-term crisis without the appropriate level of commercial insurance. Purchasing business interruption insurance can help you rest assured that your business is protected no matter what life throws your way.

Schedule an Insurance Check-In

If you can’t remember the last time you sat down with your insurance agent and reviewed your commercial insurance policy, it’s time to do so. Make an appointment to discuss your business’s growth over the years and ensure that you’re still fully protected.

Visit Karla Salmon Insurance in Oviedo for All Your Commercial Insurance Needs

At Karla Salmon Insurance, we’re proud to serve our Oviedo, FL, commercial insurance customers. Whether you’re shopping for your first commercial insurance policy or looking to upgrade your existing one, we have you covered. Reach out to us today or stop by our office to learn more.

Will My Home Insurance Pay My Living Expenses During My Rebuild?

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Home insurance is a type of insurance policy that can pay to repair or replace your home when a covered event occurs. Whether your home has been damaged by wind, lightning, or fire, your home insurance policy can assist you during the recovery.

The professionals at Karla Salmon Insurance, serving Oviedo, FL, can help. We provide many insurance services and work with numerous insurance carriers to help our customers find the right insurance policy for their needs.

Does Home Insurance Cover Living Expenses During A Rebuild After a Covered Event?

If you have to move out of your house while it is being repaired after a covered event, your home insurance policy will cover your lodging expenses.

Depending on the circumstances, your home insurance policy may also cover your food. If you must buy clothing and other items while living out of your home, your insurance policy may also cover that.

Consult your insurance agent to find out what your home insurance will cover. Keep all receipts, as your home insurance policy may require them. Find out what else is required for reimbursement while living in alternative accommodations. Your insurance agent will be able to tell you how much your insurance policy will cover.

The Importance of Home Insurance

If you own a home, disaster can strike at any time. Having an insurance policy provides reassurance. If you are a homeowner who needs an insurance policy, the professionals at Karla Salmon Insurance, serving Oviedo, FL, can help.

Contact us today to make an appointment. Our helpful insurance professionals work with many carriers to help our customers find the right insurance policy for their needs.

What type of commercial insurance does a rideshare driver need?

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At Karla Salmon Insurance, we understand that many Oviedo residents have turned to driving for Uber, Lyft, and other gig economy jobs like GrubHub and DoorDash to supplement their income. However, it is crucial to know that these jobs require auto insurance to protect the driver from liability.

Why Platform-Provided Insurance Isn’t Sufficient

While platforms like Uber and Lyft offer some auto insurance coverage, drivers still need their own policy to cover any gaps. Let’s explore what rideshare companies cover and what commercial rideshare insurance covers.

Rideshare companies typically provide liability coverage while you’re working, but there are exceptions, such as Instacart, according to The Ride Share Guy. Car & Driver points out that all these companies have a coverage gap – they don’t cover the time when a driver is between assignments or running personal errands between rides. For these instances, you need rideshare insurance, a type of commercial auto insurance. Rideshare insurance covers this gap time, ensuring you’re covered between your policy and the platform’s coverage if an accident occurs.

Reach Out to Us for Your Commercial Auto Insurance Needs

Contact Karla Salmon Insurance today for a commercial auto insurance review. If you drive for a gig platform in Oviedo, FL, ensure you have the necessary commercial auto insurance to legally drive on Florida’s roads. Your personal auto policy does not cover you while you work for a gig platform, so secure your rideshare policy today.

Uninsured Motorist Coverage: Why You Should Consider It

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If you’re in the Oviedo, FL area and contemplating whether you need uninsured motorist coverage as part of your auto insurance policy, Karla Salmon Insurance is here to assist. Our agents understand that you may have questions about different types of coverage, and we aim to provide answers that help you choose the best policy for your specific needs. Here’s why you should consider uninsured motorist protection as part of your vehicle’s coverage.

Not Everyone Has Adequate Insurance

You might question the need for uninsured motorists’ coverage when insurance is required. That’s a valid question, but unfortunately, not everyone has insurance even though they’re supposed to. Some people also don’t have as much insurance as they might need, which can limit your protection if you need to claim against their policy. Uninsured motorist protection, which also covers underinsured motorists, is an additional way to safeguard yourself.

Boost Your Confidence and Lower Your Risk

Having peace of mind and confidence behind the wheel is just as important as reducing your risk. When you have more coverage, you feel more secure, knowing you’ll have assistance in the event of a claim. We can discuss your policy options and the coverage limits available to you, as well as provide quotes from different insurers so you can feel good about the policy you choose.

An Agent Can Provide Options

Contact us today at Karla Salmon Insurance if you live in the Oviedo, FL, area and are looking for an auto insurance policy that includes uninsured motorist coverage. Whether you want to add that protection to your current policy, have questions about how it works, or are looking for a new policy, our dedicated agents are here to help you find great coverage.

Residential Insurance for Home Furnishings and Entertainment Devices

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If you’re planning to add new furnishings or entertainment equipment to your home, you may want to consider insuring these investments. Some potential problems may require you to file an insurance claim.

Protecting Against Criminal Activity

Theft and vandalism are risks every homeowner should be aware of, especially when owning new furniture and entertainment equipment. If your home is unoccupied, there’s a chance someone could break in and steal or damage your newly purchased items. Adding theft and vandalism protection to your home insurance policy can provide a safety net. If you need to file an insurance claim, the coverage could handle replacing or repairing insured items.

Guarding Against Natural Disasters

Another risk to consider is a natural disaster. Damage from a natural disaster could render your home uninhabitable. Home insurance protection to cover natural disasters could benefit in many ways. For example, coverage may cover the cost of repairing your home and replacing furniture and entertainment equipment destroyed during a disaster. If you’re unable to reside in your home for a considerable amount of time, your insurance coverage may pay for temporary living quarters. You may even be reimbursed for food and other essentials damaged during a disaster.

Contact an Insurance Agent in Oviedo, FL

Contact one of our agents at Karla Salmon Insurance Agency. An agent will welcome you to make an appointment to discuss your home insurance policy and the home furnishings and entertainment devices you will be purchasing.

Which Businesses Need Commercial Insurance?

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Are you uncertain whether your business requires a commercial insurance policy? You’re not alone. Fortunately, some agents can provide guidance. At Karla Salmon Insurance, we aim to assist all businesses in the Oviedo, FL area by offering reliable commercial coverage. Reaching out to us is the first step towards safeguarding your business, both now and in the future.

Every Business Requires Customized Protection

Regardless of your business type, ensuring you have customized protection is crucial. For instance, an office, a factory, and a restaurant all require different types of coverage, but they all need some form of commercial coverage. If your business involves employees on-site or customers visiting, you should have coverage. The same applies if you have equipment or machinery that needs protection.

Home-Based Businesses May Not Require Coverage

If you operate a home-based business, you might not need commercial coverage. However, this isn’t always the case. Some home-based businesses have clients visiting and may still require the protection a commercial policy offers. The best way to determine the type and level of protection your business needs is to consult with a knowledgeable agent. This way, you can understand your options and make an informed decision.

Contact an Agent for Support Today

If you’re in the Oviedo, FL area and are seeking a commercial insurance policy, get in touch with us at Karla Salmon Insurance. Whether you need a new policy, want to update an existing one, or have questions, we’re here to assist. Collaborating with a dedicated agent can provide you with protection and peace of mind, allowing you to concentrate on meeting your customers’ needs.

Steps to take if you receive a non-renewal notice from your home insurance company in Florida

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It happens almost daily throughout the Sunshine State, including Oviedo, FL. Homeowners are getting letters from their home insurance providers stating that their home insurance is not being renewed.

Many are reaching out to us at Karla Salmon Insurance. They are seeking guidance on what to do next. Here are some tips.

You can contest the non-renewal.

Depending on the reason given for non-renewal, you may be able to contest the non-renewal. If the provider is no longer offering home insurance in the state, there may be little you can do other than seek another provider.

Research your options.

If you have a mortgage, your lender will likely require you to maintain home insurance. This means you will need to find protection elsewhere. This could mean potentially higher premiums, or you may even be asked to improve your home.

You do have options.

Keep in mind that you may still have options. You may have to increase deductibles or limit coverage. If you own your home outright, you could even self-insure, which can be risky depending on your financial situation.

Get the help you need.

There is a difference between getting your home insurance canceled by your provider and getting a "non-renewal" notice. Knowing these differences can help determine your options for future coverage.

If you struggle to maintain home insurance on your Oviedo, FL, area home, contact us at Karla Salmon Insurance. We can help guide you through what can be a frustrating process for many. We look forward to assisting you.

Does Your Policy Cover Your Car in the Event of a Hurricane?

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Liability-only insurance won’t cover your car in the event it is damaged or lost during a hurricane. Your agent at Karla Salmon Insurance, serving Oviedo, FL and all of the state, will have to write you comprehensive coverage for that.

Comprehensive coverage is what its name suggests. It protects your car in the event of many different kinds of hazards, including theft, vandalism, fire, and natural disasters, including windstorms and hurricanes. But there is a catch:

You can’t get comprehensive coverage for your car once a tropical storm watch or hurricane watch has been issued.

Preparation is Key

The time to get comprehensive coverage is before you think you will need it! Protecting your car from wind and high water is always a good idea. Still, if your vehicle is damaged by wind or high water in Oviedo, FL, or wherever you evacuate, comprehensive coverage will protect it. Comprehensive will protect your car in Florida or any other US state.

Potential Hurricane Damage

What kinds of damage can occur during a hurricane? Comprehensive coverage covers your car’s floating away or being crushed by a falling tree. It also covers damage from submersion in water or exposure to salt water. If the wind tosses a large object against your vehicle, you’ll be covered.

It would be best if you kept in mind that unless your policy says otherwise, your payout will consider your vehicle’s blue book value. Depreciation will reduce your payout (unless you get agreed-value coverage on your classic car, which you can discuss with your agent at Karla Salmon Insurance).

Your premiums will likely go up after a claim on your comprehensive coverage, but not as much as if you were in an at-fault accident.

Secure Your Comprehensive Insurance Today

The best time to get comprehensive insurance is always now. Call us today!

Gap Insurance vs. Auto Insurance: What’s the Difference?

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Auto insurance is necessary in most states, but many people don’t realize that gap insurance may also be useful. There is a key difference between auto insurance and gap insurance, mainly that gap insurance helps cover the difference between what we pay and the outstanding principal on a vehicle loan. If you’re still confused, we at Karla Salmon Insurance in Oviedo, FL can help you understand the differences.

What is Gap Insurance?

Gap insurance is a separate type of insurance policy that helps reimburse you if your vehicle is totaled. In many cases, your car may not be fully paid off. If you have standard auto insurance, you may be stuck paying for the remainder of your loan, as auto insurance only provides payments based on the original balance of the vehicle. 

If you’re funding through a car loan, then you’ll likely have added fees, interest, and extra charges added to your loan. Gap insurance is designed to help cover those costs when auto insurance only gives enough for the car’s value. Hence, it can benefit some drivers to purchase gap insurance at an additional charge.

The Main Difference Between Gap and Auto Insurance

Auto insurance and gap insurance serve different purposes. Auto insurance is primarily for accidents and injuries, providing coverage for damage up to a specific limit. On the other hand, gap insurance is specifically designed to bridge the ‘gap’ between insurance payouts and the remaining balance of your vehicle loan. 

Who Needs Gap Insurance?

Not everyone needs gap insurance. In fact, if your vehicle is paid off, then you likely won’t need it. Drivers who have vehicle loans would benefit the most from gap insurance. So, if you’re ready to discuss, our team at Karla Salmon Insurance in Oviedo, FL is happy to help.

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