Cheap Auto Insurance: Florida Underwriting Factors

If you’re looking to get the cheapest rates on automobile insurance in Florida, there are many factors that can affect your search. While going to is a great place to start, remember that there are a great many factors that affect the rates you pay for car insurance in Florida.


The Type Of Car You Drive

Very expensive, high-performance cars are bound to cost more to repair or replace in the event of an accident. Antique cars also come under this heading. They also head the lists of cars singled out for thieves or vandals to damage or steal. You’re going to pay a premium for these kinds of autos and trucks when you insure them. If you want to pay the lowest rates for cheap auto insurance in Florida, consider driving what the average person in Florida drives.

Where You Live

Insurance companies take your community into account when setting your rates. If the area you live in has a lot of accidents, is more densely populated, has higher repair rates for damaged cars, or higher hospital costs, you’re going to pay more for your car insurance.

Boy Or Girl Drivers Matter

Insurance companies use many statistics to determine the risk of insuring you for accidents and injuries. Male drivers are involved in more than twice as many fatal accidents as female drivers. Insurance companies consider younger male drivers as especially bad insurance risks, so be prepared for higher bills if you’re a guy.

Vehicle Usage

How far you commute everyday is one way insurance companies measure your exposure to risk. Expect to pay more if you drive long distances to work or school than if you’re a retiree that rarely drives anywhere.

Your Driving History

If you’re in the market for cheap auto insurance, Florida allows insurers to charge a lot more to drivers who have had accidents or numerous driving violations. If you’re convicted of driving under the influence, your policy rates could skyrocket as well. Insurers could even refuse to cover you at all. Avoid trouble on the road if you want to get the lowest rates.

Your Age

Insurers charge more for drivers under the age of 25, and also for drivers over the age of 65, because these groups are involved in car accidents at a higher rate than average.

Look After Your Credit History

If you have bad credit, you’re going to be paying more for car insurance. Insurance underwriters are allowed to use your credit reports to assess risk before offering you insurance rate quotes, and many do. There are some situations when the Fair Credit Reporting Act doesn’t allow information from your report to be used in determining your rates:


  • Your race
  • Your religion
  • Your marital status


In addition, if you do not have enough information in your report for any determination of your credit score, the law instructs that you be considered a good risk as far as insurance underwriting is concerned.

Other Factors That Can Affect Cheap Auto Insurance: Florida

  • Proof of successful completion of Driver’s Education classes can earn young drivers discounts, and many older drivers can qualify by taking refresher courses as well.
  • Retirees can lower their premiums by excluding coverage for lost wages.
  • You can drop coverage for collision and comprehensive on your older vehicles after you’ve paid the loan on them. As the cars lose their value, the cost to insure them becomes less attractive.
  • Raise your deductibles on your coverage to lower your premiums. Be prepared for higher out-of-pocket costs in the event of an accident, though.
  • Make sure you claim all discounts for safety equipment like anti-lock brakes, air bags, and antitheft devices if you qualify for them.


Types of Florida Health Insurance Policies

There are a many reasons to have Florida health insurance. When a loved one falls ill, the last thing anyone wants to be thinking about is medical bills associated with their care. It is difficult to imagine putting a price tag on their recovery. But there always is one, rather it’s something anyone wants to think about at that moment or not. Florida Health insurance can act to greatly alleviate this fiscal strain.

Sadly, the cost of health care in America is not low, and in fact has been climbing over the years. Because of the price tag, many residents are nervous about adding such a recurring expense to their bills. Even more, because health insurance is based on a person’s health, much of the cost is beyond their control. This is a scary prospect to anyone not in peak physical shape. However, with just a little research many will find they have more control over the cost of their insurance options than they may think. In fact, Florida health insurance from is more attainable by residents than ever.

By carefully choosing the type of insurance purchased, Florida residents can take control of the health insurance policy and ensure they are covered in the case of the unthinkable. Here are some of the most common types of health insurance coverage types offered in Florida.

No. 1: Preferred Provider Organization (PPO)

Patients with a PPO plan will be provided with a list of physicians who are covered “in-network.” As long as they opt to see a doctor on this list, they will be almost completely covered for their medical expenses, excepting the average small fee from the co-pay. With the plan, policy holder will be able to choose their own primary care doctor from the in-network list.

However, this does not mean PPO policy holder are prohibited from using outside doctors. PPO will still cover a portion of the doctor’s bill from care providers not in-network, just not to the extent that approved physicians will be. This means even if patients choose to use a doctor out of the network, their policy will still help pay for some of the expenses.

No. 2: Health Maintenance Organization (HMO)

HMOs are similar to PPOs, however they offer less options when choosing a doctor. Their list of in-network physicians is much smaller and they will not cover any charges when going to a doctor not approved on the list. Because of the greatly reduces doctor choices, there are often longer waiting periods for scheduling appointments. However, the prices are often much lower than those associated with a PPO.

No. 3: Medicare and Medicaid

Because of the rising expenses of private Florida health insurance providers, the United States government offers an alternate option to those who cannot afford insurance.

Medicare and Medicaid are designated for those truly in need who call into one of four categories: blind, disabled, underage, or over 65. However, Medicaid will also become available to those who have no hope of paying off their rising medical insurance.

For example, if an uninsured patient is diagnosed with cancer, the sheer expense associated with treatments will exceed anything the average person can pay out of pocket. Expenses of that severity would be utterly debilitating to most people middle to low income earners. In cases like this, Medicare will come in to help cover costs.

No. 4: Fee-For Service

Fee for service coverage plans are the most common type of Florida health insurance policies sold in America. The recurring costs for these types of plans are lower, however, in the case of a necessary payout, these policies will require more money out of pocket than many of the others. Patients with a fee for service plan will be responsible for a monthly premium as well as a deductible (ranging anywhere from $200 to $10,000) before their insurance will begin to pay for medical expenses.

Florida business insurance

Three types of Florida business insurance you might want to carry

Smart and savvy business owners, (those that have been around the block as well as those that are just starting out) understand the importance of having full and complete Florida business insurance coverage.

Understanding completely event the right Florida business insurance plan and coverage is an investment – and not just an unnecessary monthly cost that contributes to overhead –, these professional experts are able to enjoy a level of security, safety, protection, and confidence that they would not have been able to otherwise.

If you look to take advantage the right Florida business insurance from as well, just like these experts of commerce already are, you’ll want to look into the three major types of Florida business insurance outlined below.

General liability Florida business insurance

General liability insurance is going to be an absolute necessity when you are operating a business.

Sure, if you organize your business correctly as a LLC you may not have to worry about too terribly much liability – or at least you might not think you do. However, just by carrying a bit of extra general liability insurance you’ll be able to protect yourself completely from any and every eventuality that might come your way – as well as catastrophic accidents or emergency situations that cannot be predicted.

Sometimes local governments require general liability for the business insurance to be carried before giving out a business license, and it’s something that you don’t want to look into in your municipality.

Property Florida business insurance

The second type of Florida business insurance you’ll want to look into is the Florida business insurance that revolves around your property. Regardless of whether or not you own or lease (or have some other arrangement) for your business property, you’ll need to make sure that it is completely protected from damage (caused by humans as well as other external forces), theft, loss, flooding, and fires – and that just begins to scratch the surface.

With the right property Florida business insurance, you will never have to worry about your property looking dingy, rundown, or damaged – as you’ll be able to put in a claim and have it back into tiptop shape in no time whatsoever!

Life insurance provided by Florida business insurance services

Finally, you’re going to want to look into taking advantage of life insurance policies that are provided by of the same people you are getting the rest of your Florida business insurance services from.

You may not think that you are going to go into that great beyond any time soon, but it’s nice to have an extra layer of protection for your family and loved ones in case the worst should happen. The last thing that you’d want to do is have your business go under just because you are no longer around, destroying the lifestyle that you have created for your family just because of an emergency.

Hopefully now you understand the three specific types of Florida business insurance you should be looking to invest in today!