Category: Auto Insurance

In Oviedo, FL you must have minimum coverage for personal injury protection (PIP) and property damage liability (PDL) with your auto insurance. Since the state is a "no-fault" insurance state, your insurer will pay medical costs up to the policy limit, even if you caused the accident.

PIP insurance will also cover your child and members of the household, your child riding on a school bus, you as a pedestrian or cyclist, and passengers in your car who don’ have a car or their own PIP insurance. Your PIP insurance will also cover you if you are in someone else’s car during an accident. PDL only covers accidents if you cause the damage to someone else’s property.

With just the minimum coverage, only your medical bills will be covered, and insurance will pay for damage to other people’s property. If you only have the minimum coverage, your auto insurance will not cover any damages to your car, whether or not they are the result of an accident. It’s also important to note your policy limits. The minimum limit for PIP is $10,000 and for PDL is $10,000. If damages or expenses go beyond that, you are responsible.

Since auto insurance does not cover everything, you can get additional coverage through your agent at Karla Salmon Insurance. This coverage can include collision and comprehensive insurance, which can protect your car in the event of an accident or if it’s damaged by something else, such as vandalism. You may be required to purchase these protections if you are financing your car. Bodily injury liability will help protect you if you are being sued after an accident. Even with Florida being a no-fault state, it can still happen.

Contact Karla Salmon Insurance, serving Oviedo, FL, to get a quote on auto insurance to suit your coverage needs.

 

Despite your best efforts, you may find yourself in a situation where it is hard to pay your bills. If you are facing such a case, your auto insurance is one of the bills that you should ensure you pay on time, every month. Here at Karla Salmon Insurance, serving the greater Oviedo, FL area, we know how devastating an auto insurance lapse can be. Here are a few of the reasons why you want to avoid a lapse in your auto insurance. 

Your Vehicle Is Not Insured

One of the biggest reasons why you want to avoid a lapse in auto insurance coverage is because your vehicle is not insured if your auto insurance coverage lapses. If you are in an auto accident, you will have to pay for all of the damage done to your car and the other driver’s car out of your own pocket. 

Your Registration May Be Suspended

In the state of Florida, you are required to carry minimum coverage auto insurance to register your car. If your auto insurance coverage lapses, your registration can be revoked. This can cause you to get pulled over and face a traffic ticket. 

You May Face Higher Auto Insurance Rates in the Future

The last reason you want to ensure your auto insurance policy never lapses is because your auto insurance rates can be higher if you do not have continuous auto insurance. If you have one or more lapses in coverage, you are considered an at-risk driver and many insurers will increase your rates. Maintaining coverage helps to keep your rates lower. 

Auto insurance is something every driver needs. If you are looking for a new auto insurance policy, turn to Karla Salmon Insurance, serving the greater Oviedo, FL area. We can help find you the best policy for your budget and needs. Give us a call today to get started. 

Millennials Perception About Insurance

Just like any brand, insurance agencies need to engage their audience with a good story that they can relate to. Millennials have a negative perception about insurance and don’t consider it as important.

Therefore, for the millennial drivers in Oviedo, FL, you need to engage them with well-written content about the minimum requirements that they must meet. Also, why they must carry their personal protection coverage while driving.

Millennials Distrust to Insurance Brands

Millennials purchase different insurance from different providers. Due to lack of incentives, they go an extra mile to shop for the best deals available in the market.

To gain their trust, give appealing incentives to attract their attention. Emphasize on the benefits of the medical and financial coverage.

Millennials and Technology

For many millennials, they prefer online transactions than face-to-face interaction missing out on the opportunities that come along with face-to-face communication such as creating awareness of the dangers of driving while intoxicated.

In order to accommodate everybody on board, insurance agents should come up with specialized online packages through social media specifically for the millennials that are user-friendly.

Millennials Dislike on Insurance

It’s true that the millennials don’t value insurance. Insurance agents should focus on educating the millennial on the importance of the laws that permit drivers to drive legally and the compensation process of property loss and injury. They also must know that there are licensed insurers where they can purchase a policy from.

Specialized Packages for Millennials

Flexible methods of purchasing insurance should be incorporated in the specialized packages. The millennial should be made aware that the personal injury protection covers;

• Medical expenses incurred by all parties whether at fault or not.
• A family member who doesn’t have coverage.
• Unemployed and Retirees

In addition to that, mobile applications should be used. In today’s businesses, mobile applications play a key role. There are mobile applications for every category in the market. Obviously, millennials love their phones so they are more likely to purchase an insurance policy if mobile applications are used.

Building Trust with Millennials

For many millennials, they trust their friend’s opinions rather than the insurance company. In order to gain trust with the millennials, insurance agencies should have reviews on their sites from their happy customers who have benefited from the property damage liability and personal injury protection.

Karla Salmon Insurance Agency in Oviedo, FL is a one-stop-shop. We invest in building trust and personalizing all your needs. For more information, do not hesitate to contact Karla Salmon Insurance so we can help every millennial understand the right auto insurance coverage for them.