Why You Need a Home Inventory

Building a home inventory is a daunting task, and we accumulate so much stuff that the idea of cataloging every item and making a record of it sounds like the worst kind of tedium. Despite that, you should create and maintain yours for a few critical reasons. 

To accurately assess your insurance needs.

Whether you are a renter or property owner, it’s important to understand just how valuable your property is to make educated decisions about how much coverage you should carry. You do not want to find out belatedly that your insurance limits are insufficient to replace or repair property lost to disaster, theft, or vandalism. Feel confident in your insurance purchases by keeping an updated, remotely stored home inventory. 

To know if you need to schedule property.

Scheduled property is a fancy term that means costly items are covered. Scheduled property endorsements usually apply to high-value items like expensive electronics, jewelry, artwork, and firearms. While doing your home inventory, note your possessions of significant worth and discuss picking up an endorsement to protect those items in case of a loss with your agent.

To be prepared in the event of a claim.

You don’t want to be scrambling to remember what you owned and how much it was worth after a loss. If you don’t keep an updated inventory, you could lose out on otherwise claimable assets, which translates directly into cash in your pocket for repairs or replacement. Having an inventory makes the claims process much smoother, faster, and likely results in higher reimbursement. 

Oviedo, FL homeowners and renters looking to get started on, or update a home inventory, don’t wait. Call or stop by Karla Salmon Insurance today to speak with a friendly agent happy to answer your questions. Make your homeowner’s policy count.

How to Avoid Buying Too Much Florida Auto Insurance

It happens when we are on the phone trying to get this really boring errand out of the way. We say yes to the insurance agent that is securing our car insurance, and then wind up annoyed for the rest of the year because our premiums feel too high. They might be. 

At Karla Salmon Insurance, we want Oviedo, FL drivers to have what they need on the road.  You don’t have to say yes to everything. We can help you to determine the best policy for your needs, and it doesn’t take long to do that for you at all.

Here are some ways to avoid paying too much for Florida auto insurance.

Increase Your Deductible

It is a given that your rates will go down if you have a high deductible. You are assuming some financial risk in the event of an accident, and this risk brings your premiums down. Pick a realistic amount for you, and this will help you to avoid buying too much auto insurance.

Buy What You Need

Do you need a special rider on your Florida auto insurance for all of those times you rent a car? It can help if you rent a car a lot. Do you?

It can sound like an exciting add-on, and it is if you will use it. Add on to your policy only the things that you know you will need. If you already have AAA for roadside assistance, you don’t need to add it to your car insurance. 

Watch Collision Insurance and Comprehensive Insurance Rates

If your car has a lower value or is very old, you may not need either of these additions to your auto insurance policy. If, for example, the blue book value of your vehicle is less than $2,000, it might not be worth it. The amount you pay for that in insurance could be saved for a better car down the road.

You won’t get a full replacement value in the event of a collision, and insurance companies reach a point where repairs worth more than the car lead to a write-off.

You don’t always need collision and comprehensive insurance unless a lender requires it. They are great to have, but a waste of money if your car is older.

Get a Quote

When you are looking for auto insurance in Florida, it’s easy to overbuy. Avoid that by thinking more about what you need. At Karla Salmon Insurance, we want Oviedo, FL drivers to have what they need to get the premiums that work best for them. Call us for a quote today.

How a New Dog Impacts Your Florida Home Insurance

Whether you have a pup already or are considering obtaining one, it’s worth understanding how a dog can influence your home insurance policy in Oviedo, FL.

The Owner is Liable 

If your pooch is involved in a biting incident, Florida law allows any person bitten in a public place or while lawfully in a private area the right to collect damages from the owner. That can include medical bills, lost wages, and other expenses. In short, it can add up quickly. 

Is Your Pup Covered?

Some liability protection likely exists in your homeowner’s policy. However, there are possible exclusions, and your policy limits may not be high enough to protect you from financial fallout should your family pet be unexpectedly aggressive. Check to see if your dog’s breed is on a restricted list. Some insurers don’t have breed restrictions at all; instead, they insure based on your pet’s biting history. Some refuse to cover dog bites entirely. It is essential to know what your insurer offers before an injury occurs.

Consider Additional Coverage

There are a few additional coverage options homeowners can consider to protect themselves against potentially catastrophic financial damage from a dog bite:

  • Umbrella policies can add to your pool of available funds to pay for damages, not just from dog bites but from other claims that exceed your usual limits.
  • Canine liability policies exist to provide additional protection for pet owners. 
  • Excess coverage can expand your limits. 

The best way to determine your coverage options is to speak with an agent to help you navigate your policy details. When you are ready to pick up your new pup, be sure to call or stop by Karla Salmon Insurance to make sure your family, including your new best friend, is adequately covered. 

Auto Insurance Options in Florida

In Florida, auto insurance is required and you must have at least an auto liability insurance policy in place to be able to legally drive your vehicle on public streets and highways. The auto insurance agents at Karla Salmon Insurance in the Oviedo, FL area are stressing the importance of auto insurance not only to protect your vehicle but to provide you with a sense of security and peace of mind.

In addition to a liability auto insurance policy, there are other auto insurance coverage options you should consider.

Uninsured and Underinsured Auto Insurance Coverage

An uninsured or underinsured policy is great to have in place in the event you are ever involved in an accident that is caused by a motorist that is driving with no insurance policy in place or a driver who does not have enough insurance coverage to pay for all of the damages and medical treatment involved.

Comprehensive Insurance

If you have an active loan for the vehicle you purchased, your lender may very well require you to have comprehensive auto insurance in place to protect the investment they have made in your car, truck, or SUV.  This type of auto insurance will help you repair or replace your vehicle if it is damaged or destroyed by a natural disaster, fire, vandalism, or some other detrimental event. It will also replace your vehicle if it is stolen.

Collision Insurance

If you are driving your vehicle and collide with another vehicle or if you collide with some type of object, collision auto insurance coverage will help you pay for any damages that were caused in the collision.

Get Your Auto Insurance Policy Started

To obtain an auto insurance quote and to get your policy started today, contact the trusted and experienced auto insurance agents at Karla Salmon Insurance in Oviedo, FL.

What Is And Is Not Covered By Standard Home Insurance?

Home insurance that is also known as homeowner’s insurance is a type of property insurance, the purpose of which is to protect your home, you as a homeowner, and your personal belongings. In the state of Florida, it is not required to carry home insurance, but your mortgage lender may require it. If you are considering getting this type of insurance, and you want to know more about it, Karla Salmon Insurance serving clients in Oviedo, FL prepared information about what home insurance does and does not cover. 

What Is Covered By Standard Home Insurance?

Generally, standard home insurance includes six types of coverage:

  • Dwelling – damage to your home and attached structures
  • Other structures, including certain stand-alone structures, such as a shed or fence. 
  • Personal property. Home insurance pays for the repair and replacement of stolen or damaged personal belongings. 
  • Liability. It protects you against lawsuits for injury or unintentional property damage that you or your family members caused to other people. 
  • Additional living expenses. It pays for your temporary living while your home is being repaired. 

What Is Not Covered By Standard Home Insurance?

Usually, most standard home insurance policies do not cover:

  • Wear and tear. Home insurance covers only accidental or sudden damage. 
  • Negligent home care. If you did not take care of your home property and this caused problems, your insurance will not cover it. 
  • Poor installation. If systems, structures, or appliances were not installed properly, this will not be covered by insurance. 

Karla Salmon Insurance – We Are Ready To Take Care of Your Home

Are you a homeowner living in Oviedo, FL or any other nearby town? Are you looking for home insurance? Then you should contact our insurance agency. Our professional and knowledgeable insurance agents will answer all of your questions and help you find a perfect policy based on your budget and personal preferences. Feel free to visit our website or call us. 

What Exactly Does Commercial Insurance Cover?

If you own a business, you can testify that it didn’t come easy — you invested a lot of time, resources, and effort to bring your dream to fruition. For this reason, Karla Salmon Insurance in Oviedo, FL, cautions you against running your business without commercial insurance.

But what exactly does commercial insurance cover? Here are the areas covered by commercial insurance. 

Cyber protection

If you run an online-based business or store sensitive customer data, your business is susceptible to online malicious activities like hacking. What would you do if online criminals target your business? Commercial insurance can help you cover negotiation fees, legal suits, data restoration, notification costs, and so on.

Protects workers

Anything can happen to your business workers while they are attending to their duties. For example, they can sustain injuries when handling machinery or lifting heavy objects. If the injuries call for medications, you are responsible for their treatment costs.

Such costs can be huge to bear on your own, and that’s where commercial insurance steps in.

Liability protection

Slippery floors or other hazards can cause clients and customers to sustain injuries while on your premises. Besides, your products can harm your customers. When this is the case, ensuing medical bills and legal costs are paid by your commercial insurance and not money from your business coffers. 

Protect your assets

The cost of replacing damaged or stolen business assets such as furniture, buildings, and so on can cause you financial struggles. However, with commercial insurance, your insurer compensates you when a covered peril causes losses or damages to your assets.

Professional liability coverage

If you are in a professional career like accounting, auditing, or legal, you are bound to make mistakes or miss deadlines. When this happens, your clients could sue you for negligence. Fortunately, professional liability insurance pays for legal costs, including attorney fees, when facing a legal suit.

Buy commercial insurance today!

Don’t run a business that’s not insured — one peril is enough to put all your efforts down the drain. Instead, contact Karla Salmon Insurance in Oviedo, FL for a competitive quote. 

Ways You Can Protect Your Car from Theft

If you have not installed anything to slow down professional car thieves, you are making your car more attractive to thieves. Car theft cases have increased in Oviedo, FL, and other parts of America in the past few years. The most frequently stolen vehicles include Honda Civic, Honda Accord, Jeep Cherokee, Dodge Pickup, and Nissan Altima.  Even if your car is not among them, it’s still at risk of getting stolen. Karla Salmon Insurance explains several ways you can prevent car theft.

Be smart about where you park your car

Dark unattended areas can create great opportunities for thieves to get away with your car. At night, always make sure your vehicle is parked in well-lit areas and install a motion sensor or security camera if the area is not lit enough.

Lock the doors and remove the keys from the car

80 Percent of vehicles stolen in the US happen due to car key accessibility. Not locking the door or leaving your car keys lying anywhere around the car is one great way to invite thieves. It only takes seconds for someone to jump in and get away with your vehicle.

Never leave valuables in your car

Regardless of where you’re going, never leave valuables in the car. Leaving a purse, phone, laptop, or other valuable items in your car may attract unnecessary attention, particularly from thieves. If you have to take these items with you, don’t leave them in the car and if you have to, keep them out of sight.

Install alarm systems and anti-theft devices 

In Oviedo, FL, there exist many systems designed to alert you or stop your vehicle from moving if they’re triggered. An audible alarm is enough to warn you that all is not well. The unwanted noise will also chase away any thief trying to break into your car. You can also invest in a steering wheel lock or wheel lock to deter a car thief.

Don’t forget to buy enough auto insurance to replace the car if the worst happens. Karla Salmon Insurance can help you review your policy and add coverages based on your needs. Call us today.

4 Risks Not Covered By Home Insurance

When procuring for a home insurance policy from Karla Salmon Insurance in Oviedo, FL, it’s wise to know what’s covered and what’s not covered. This understanding will save you from incurring costs and experiencing heartache when filing a claim. To help you stay informed, we have highlighted some perils that are not covered by your typical homeowner’s insurance. This way, you will make an informed decision when shopping for home insurance coverage.

Floods and earthquake damages

When obtaining your homeowner insurance coverage, it’s worth noting that damages resulting from earthquakes and floods are not covered. In unfortunate cases where such perils damage your home, you will incur the costs of reconstructions or repairs. 

Since such occurrences are real and can occur when you least expect them, you should consider purchasing separate insurance coverage against such perils.

Normal wear and tear

Your typical home insurance won’t compensate you for damages resulting from things you are capable of preventing. Such things are considered to have happened due to your negligence, and you should cover them yourself. 

Home-based business 

If you have started a home-based business, it’s essential to purchase commercial insurance for optimal protection. While home insurance protects your dwelling and its contents, it won’t cushion you against liabilities emanating from your business. For instance, home insurance won’t cover medical expenses if a customer gets injured within your home premises. 

Pest and mold infestation

Home insurance assumes that you will observe due care to keep pests and molds at bay. You can’t watch pests, such as termites destroy your home, and then you go seeking help from your insurer. Such claims will face rejections since you left them to happen when you were in a position to take preventative measures.

Home insurance in Oviedo, FL

Would you like to learn more about home insurance? Please contact Karla Salmon Insurance for more information. Besides, we will advise riders to consider covering you against the above home insurance exclusions.

Is Commercial Insurance Required for Home-based Business?

Today, the mode of running businesses has changed. Instead of the brick-and-mortar office setting, many businesses are operating from home. Whether it’s with a view of making cost savings or flexibility, home-based businesses are here to stay. But with home-based business ventures, there is confusion when it comes to insurance. Does home insurance protect your business? Do you need commercial insurance? If you are a home-based entrepreneur wondering the kind of insurance you need, stick on as Karla Salmon Insurance of Oviedo, FL, clears the air. 

Does home insurance cover my home-based business?

Home insurance is designed to protect your home and other assets from damage or loss from perils like theft, fire, hurricanes, and many more. Although your home insurance has personal belongings coverage, this may cover your home-based assets for a limited amount. 

Furthermore, while your home insurance may have liability coverage, this won’t cover any liabilities related to your business operations. For instance, if a supplier falls and breaks their leg when making a delivery to your home-based business, home insurance won’t cover the medical expenses. So what’s next?

Commercial insurance for home-based businesses

Given the shortcomings of home insurance for your home-based business, home-based entrepreneurs need to consider commercial insurance for broad coverage. Here are commercial insurance options you should consider for your home-based business. 

  • Business liability coverage: Covers you against advertising injury, property damage, and bodily injury sustained to others. If third parties visit your business, you must consider this coverage. 
  • Commercial property insurance: Do you have significant assets for your business? If the value of your assets is above, let say, $2,500, you must purchase commercial property insurance to protect your assets. 
  • Professional liability: If you offer consultancy services, like accounting or legal, this coverage protects you against missed deadlines and alleged negligence. 
  • Cyber liability insurance: If your business has any online presence, this coverage protects you against malicious online activities. 

Would you like to cover your Oviedo, FL, home-based business? Please contact Karla Salmon Insurance to discuss your commercial insurance needs. 

Home insurance options for Oviedo, FL residents

There is something about being a homeowner. Having a place that you can call your home comes with an unrivaled sense of fulfillment. But have you taken the necessary steps to safeguard your invaluable asset? Purchasing the right amount of home insurance coverage from Karla Salmon Insurance for your Oviedo, FL home is one of the best investment decisions you will ever make.

Because we understand that there is no one-size-fits-all home insurance, we will walk you through the following home insurance options to find the right coverage for you.

Dwelling coverage: It’s the basis for all homeowners. It covers the building itself, floors, roofs, walls, built-in ceilings, and any other structure attached to your house. It protects against several risks like fire, hail, theft, and vandalism. In case of a total loss, it can rebuild your home up to your policy limit.

Contents coverage: Covers personal belongings like electronics, furniture, and clothing. If a covered incident were to occur, you would get compensated for the lost/damaged items as defined by your policy.

Personal liability coverage: Protects you against bodily damage that occurs to third parties within your premises or elsewhere. Liability insurance also covers damages that you might have inflicted on the neighbor’s property.

The standard home insurance coverage doesn’t protect you against all perils despite your policy limit. With this in mind, it’s wise to consider the following optional home insurance coverages.

  • Flood insurance protects your building and its contents against flood damage.
  • Umbrella insurance covers excess liability when your typical insurance cover runs out.
  • Other structures coverage covers detached structures like the gazebo, shed, and the swimming pool against damage.

Ready to get started with home insurance? Whether it’s a new or old home, at Karla Salmon Insurance located in Oviedo, FL, we will partner with you to find a home insurance solution that works best for you. Contact us today.