Thursday, June 28, 2012

What is Obama's Heath Care Plan?

          The Supreme Court has officially passed Obama's Health Care Plan. While this has raised America up in arms and caused the population to "take sides", there is still truth to be learned in all of this. Regardless of your stance on the act, you need to know how this affects you (because it DOES affect you, whether you agree with it or not). I am remaining unbiased and simply explaining what this new health care plan means, from an insurance perspective.

          One of the most prominent concerns of President Obama is the idea that patients can be dropped from their medical insurance for too many medical expenses or too many claims filed. The new health care reform aboslutely prohibits any patients to be dropped, with the exception of misrepresentation. I want to note, however, that it does not mean that the premium will not increase as a result of your filed claims. That only makes sense, though. If the company has to pay out a ton of money for your medical expenses, they would have to increase your premium for a certain amount of time to replenish your insurance balance.

          Preventative check-ups and immunizations are also covered under every health care company. The idea is that more serious health conditions will be prevented with the continuation of annual check-ups and immunizations against diseases. In turn, the hope is that with the decrease of serious diseases, the insurance premium will also decrease becuase there will be less large claims paid out. For example, if people continually attend check-ups, diseases such as cancer will be caught early and the prcedure to remove the cancer will be less expensive than the continual hospital bills that accompany terminal cancer. Most importantly, though, this should make people generally healthier and more aware of their possible diseases.

          Children can now stay on the health insurance policy of their parents until they are 26, as long as they remain single. Previously, they had to find their own insurance once they turned 23. However, with the job market plummeting and students taking longer to finish their college degrees (and more students deciding to attend graduate school), this reform gives dependants the opportunity to stay on their parents' insurance plan until they can get their feet on the ground, so to speak.

           Another change that will take place within the next few years is that everyone is required to have health insurance. You can still purchase private health insurance or insurance through your work, or whatever other option you decide. Regardless of where you purchase it, you must have health insurance. The government is still trying to work out the details of how they will help pay for the insurance needs of those who cannot afford it.

Again, regardless of your stance on the Health Care Act, these are the changes that are currently in affect. There are many more changes to come. You need to know how these affect you and what choices you have as you search for health care. Please give us a call with any questions that you have! 813-689-8878


Written by Kelly Jones

Wednesday, June 27, 2012

What's all the Hubbub About Health Insurance?


          Lately in the agency, I have noticed that many people do not know about all of the options involved in health care coverage. In fact, most people do not know very much about health insurance at all. This alarms me, considering it is something that we all have. The fact of the matter is that most people just go along with whatever health insurance their company provides and they never ask any questions about it. They might complain every now and then about the price, but they never make a movement to change or find out what other options they have.

          Most people don't know that company health insurance is often more expensive than individual health insurance. Health insurance is based on-- you guessed it-- your health. So, when an insurance company insures an entire group of people (i.e. your company), they base the rate off of the person with the worst health. Therefore, if you are a relatively healthy person, you are probably paying more than you should because the insurance company is basing the rates off of the person with the most medical needs. If you purchased health insurance on your own, the rates are based on your health status (and the members of your family, if you are getting a family plan).

          As you can see, there are quite a few details about health insurance that need to be revealed. However, instead of trying to explain every option (because there are so many!), I would like to refer you to one of the best video galleries that I have found for health insurance FAQs.

         As always, feel free to call us with any questions that you have. We would love to help you find exactly what you are looking for in health insurance!



Written by Kelly Jones

Monday, June 25, 2012

Hurricanes and Homeowners Insurance


By Chris Zuppa, AP
Canoe-goers navigate flooded streets of Tampa Bay, Fla., Sunday. Conditions continue to worsen as Tropical Storm Debby pounds the area (US News).

          With tropical storm Debby sitting menacingly right off the banks of Florida, I think it is only appropriate to discuss what is covered under a homeowners policy and what is covered under a flood policy, in regards to storm damage. Often times, people assume that any damage to their home is covered under their homeowners policy. This is a dangerous assumption, as many policies require special endorsements or just do not offer some coverage. Likewise, some policies do cover the majority of damages. The tricky part occurs when tropical storms and hurricanes are the cause of the damage.
Working in an insurance agency, one of the most common things I hear is, “I don’t need flood insurance. I don’t live near water.” I believe it is safe to say that Debby has singlehandedly destroyed that argument. Locations inland, such as Bartow and various parts of Polk and Pinellas county, are flooded in waist-deep and above water. Homeowners insurance WILL NOT cover this. If you home is damaged from any form of RISING WATER, your homeowners policy will not cover this. Rising water is considered flooding; therefore, only flood insurance will cover this damage. I strongly suggest that everyone purchase flood insurance. If you are in a flood zone, you are required to purchase it. If you are not in a flood zone, the policy is relatively inexpensive. Everyone has a set rate based on the amount at which your home is insured.
Now, if your home is damaged due to excessive rainfall, your homeowners insurance will cover the repairs. Remember, flood insurance covers rising water; homeowners insurance covers falling water. This is standard coverage in most policies and does not require an endorsement. However, there are a few companies that might require a special endorsement, so make sure you know your policy. If your insurance does cover the damage caused by excessive rainfall (i.e. leaky roof causing water damage inside your home), then there is one main stipulation that applies. Your roof must be kept up to code. If you roof is within the required year limit for the insurance company, they will cover the damages. If you roof is past that required year limit, the insurance company might chose to not honor the claim.
As always, make sure you know exactly what is covered in your policy. Insurance can be tricky, so make sure you are educated so that you are properly protected. If you have any questions, please do not hesitate to call our agency. We would be happy to answer any questions for you. We have a great relationship with all of the major insurance companies in the state, and we would love to help you with the guidelines and coverages in your policy.

Written by Kelly Jones

Friday, June 22, 2012

Brain Food


© 2012 Real Food Outlaws.

                It seems like every year there is a new fitness craze and diet that sweeps the nation, further prompting people to drop weight and fit into those skinny jeans. However, studies are showing that certain foods and exercises affect more than just the numbers on the scale: they increase the health of the brain.
“Moderate exercise performed regularly—as opposed to intense or no exercise at all—has been shown in studies to be linked to longevity and improved memory“ (Brain Health: Foods for the Aging Brain, Huffington Post).  
Below is a list of the top foods that increase brain power and memory. These foods are easily accessible and tasty, so they can be incorporated into your everyday diet!
1.       Fish—two servings of fish a week can help improve the functions of the brain. The Omega 3 fatty acids are linked to diminishing the chances of dementia and stroke.

2.       Nuts and Dark Chocolate—the caffeine in chocolate and vitamin E in nuts increase the focus of the brain.

3.       Blueberries—may help reduce the chances of dementia and Alzheimer’s disease.

4.       Herbs and Spices—“Cinnamon balances blood sugar; garlic, oregano, and rosemary increase blood flow to the brain; curry acts as an anti-inflammatory; and saffron can have anti-depressant effects” (Dr. Daniel Amen, author of “Use Your Brain to Change Your Age”).

5.       Good fats—Foods rich in Omega 3 fatty acids are good for the health of the brain, i.e. nuts, fish, avocados, and green leafy vegetables.

6.       Cruciferous Vegetables—Not a common term, I know. These are vegetables such as broccoli, cauliflower, cabbage, and brussels sprouts. These carry a lot of antioxidants that help keep the brain healthy.

7.       Whole Grain—stabilizes the blood glucose levels to help energy and focus.
All of this information can be found at the Huffington Post.
Take some time this summer to focus on your healthy instead of just the number on the scale. When you are much older and your health is declining, the idea of being thin will not be as appealing as being healthy.


Written by Kelly Jones

Tuesday, June 19, 2012

Auto Myths: BUSTED!


Copyright © 2012 The Relational Capital Group

     In the spirit of continuing our discussion on how to properly protect yourself when going on vacation, I would like to mention a common misconception about auto insurance. This applies to both personal and commercial auto insurance.
YOUR RADIO, DVD PLAYER, GPS, ETC. IS NOT COVERED ON YOUR AUTO POLICY.
     Now that we have gotten that out of the way, let me explain further. This rule applies to anything that is after-market or not permanently attached. For example, the radio that came in your car from the dealership (and is the original model from the dealership) is covered under your policy. However, if you bought a used vehicle and the previous owner had a new, updated radio put in the vehicle, it is not covered on your policy. It must be factory installed. The same applies to your GPS—if it is built into the dashboard from the factory, then it is insured. If it is a separate GPS that you bought at the store and keep it in your car, it is not insured if it is damaged in an accident or stolen.
     Rest assured— there is a way around this. Both personal and commercial auto policies provide endorsements that you can add onto your policy to insure your extra accessories. The endorsement covers any device that is PERMANENTLY installed. So, if you went down and had a new radio installed in your vehicle, and it was stolen one day, your endorsement would cover the replacement of your radio. However, if it was one of those radios that you can remove from your car each night and take inside with you, there is no endorsement to cover it. The same applies to your GPS. If you can remove it (like you can with most GPSs), there is no endorsement to cover it. Instead, for a personal policy, the homeowners policy would insure a device that can be removed. Certain homeowners companies require an endorsement or special form to cover these items, so call your agent to see what your company requires.
     I hope that this sheds a little light on one of the most common misconceptions about auto insurance. If you have any questions about what your specific insurance company requires, or if you have any equipment or accessories that you are not sure about, please give us a call. As always, it does not matter if you are a client of ours or not—our goal is to make everyone aware of their policy guidelines so they are properly insured. You have worked hard to earn all of your things; it is our job to make sure that they are now protected.


Written by Kelly Jones

Friday, June 15, 2012

What You Need to Know Before Renting a Car

           As I have said many times before, summer is finally here! While this season brings along the sun and the flowers and everything else that I have blogged about, it also brings on vacations! This is a wonderful time to get away from it all and just relax for a few days. However, before you embark on your relaxing get-away, there are a few things that you need to know about rental cars in order to protect yourself from unwanted charges. Here is a letter from our owner, Ken Fearnow, regarding what everyone should know about rental car companies:
Have you ever been standing at the car rental desk when the clerk asks, "Would you like to add insurance to your rental vehicle today?"
You stand there and think, "Does my auto policy cover the rental? Does the credit card I’m using to pay for the car cover it? Or should I buy the rental company's insurance?"

Unfortunately, I don’t have a quick answer for you. Rental car coverage can be trickier than anybody would like it to be. What you decide to do depends on several things:

First, your auto policy most likely extends coverage to rented vehicles.  HOWEVER, that will not always be true!  It depends on where and how you use the rented vehicle.

For example, if you're doing business while away, your personal auto policy may NOT cover you or the rented car.

And, you may travel to a country or territory that's excluded by your policy.

Plus, only coverage you've purchased for yourself extends to the rental car.

As you can see, this becomes a little tricky so it's important to know the coverages on your auto policy to make sure that you are properly protected in all situations.
Rental car companies have little tricks up their sleeves when you don't buy their insurance.  And these tricks could stick you with hundreds of dollars of unexpected charges on your credit card if you wreck their car.

First, the rental car company receives income by renting their cars - obviously.  If you wreck their car, they can't rent it to anybody else until it's fixed or replaced.  In theory, they're losing money and they'll charge you for that "loss of use."

And that makes sense.  Business insurance commonly pays for such losses - when they're real.  However, insurance companies don't pay for theories.  They only pay for actual economic loss and a personal auto policy might refuse these costs.

The rental company has many cars sitting on its lot un-rented.  It's not ACTUALLY losing money because the one car you wrecked is out of commission.  So, your insurance company won't pay a "loss of use" charge, but that won't stop the rental car company from charging you for it!  And it could be hundreds of dollars.

The second complication is administrative fees.  These fees compensate the rental company for all the paperwork they must do to process the claim in order to get the car fixed or replaced, etc.

Again, your insurance company isn't going to pay that fee.  It's not an insurance loss.  It's the rental car company finding a way to get more money out of you.  Such fees could be as high as $250 or more!

So, should you buy the rental company insurance at the rental counter or not?

BEFORE you start your travels, give us a call at 805-238-1818 and we can make sure you'll be protected in your rental car with the right insurance!

From all of us here at Fearnow Insurance we wish you safe travels all of the time.


Sincerely,
Ken Fearnow
Kfearnow@fearnowins.com
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      

PS - Thought I might let you know, we do a lot more than just auto and home insurance.  We can help you protect your business, your toys, and even find a life insurance policy perfect for you and your family.



Copyright © 2012 Fearnow Insurance Services, All rights reserved.   Designated trademarks and brands are the property of their respective owners.

Fearnow Insurance,  2012 All rights reserved.

Thursday, June 14, 2012

The Truth About Suing for Lost Wages and How to Protect Yourself


© Docstoc® 2011

I came across a law suit the other day that I thought was really interesting. It’s something that I’m sure a lot of us have heard about, but no one ever really thinks that it will happen. I am talking about taking into account a person’s future wages when being sued. Let me explain further:
This particular case occurred in California just a few years ago. A truck driver, Michael Demma, collided with a passenger vehicle after he was forced off the road by another semi-truck driver. Even though the initial semi driver was charged with the fault of the accident, the passenger car went after Demma and the company for whom he was driving, Gordan Trucking. The situation seems bad enough. However, it quickly turns worse. The passenger in the car, Drew Bianchi, suffered severe brain injury which restricted his ability to speak and function. Bianchi was 21 at the time, a pre-med student, and recently accepted into medical school. Therefore, when Bianchi opened the lawsuit against Demma, he not only sued for medical expenses, but also for future lost wages. Considering he was on the road to becoming a doctor, the final lawsuit tallied to a total of just under $50,000,000. Just for the record, he won. He sued Demma, Gordon Trucking, and the state of California.
Now, this is not just a scenario for a commercial company. This could happen to anyone on the road. If you get in an accident with someone and cause severe bodily injury, you could be potentially sued for all of their future lost wages. On the other side of that coin, if you cause severe damage to someone and do not have enough insurance to cover their expenses, you could be sued for all of your future earnings. This is especially important to pay attention to if you are a parent and your child is on your auto policy. If the child is over 18 and still on your policy, and he/she causes an accident of this magnitude, the child can be sued for all future earned wages, and the parents can be sued because they are still considered responsible for the child.
Whether you are a commercial company or a personal client, there is only one solution to this case: umbrella policy. Your bodily injury protection can only go so high (personal BI limits top out at $500,000). Commercial limits can go higher, depending on the company. For example, a primary commercial auto policy can cover up to $1,000,000. An umbrella policy steps in after the bodily injury is paid out and protects the insured from being sued. For a personal policy, umbrella coverage can go up to $3 million. Commercial policies have a little more room; their umbrella policies can reach up to $10 million, with the option of adding another excess liability policy for up to $100 million (depending on the excess liability company). Regardless, in this situation or any other similar scenarios, an umbrella policy is the only way to go.
The most important thing to take away from this case is the fact that these things do happen. They are tragic, but they occur, and you have to be prepared in case one ever comes knocking on your door. If you have any questions about your coverage, or if you would like to know more about an umbrella policy, please give us a call. It does not matter if you are a client of ours or not. We are here to make sure everyone is informed and is receiving the best coverages for their needs. Our number is 813-689-8878. With society being so keen to take everything to court, it is not safe to drive unprotected.


Written by Kelly Jones

Monday, June 11, 2012

Summer Survival

Copyright SeriouslyFlowers. com
   
  Summer is a time for fun and relaxation-- not stress and illness. Allergies, bug bites, and mosquitos should not keep you from savoring the summer sun. Read about some quick and easy home remedies that will keep you on your feet and keep the stress away from your summer fun!

  • Allergies - If your allergies are anything like mine, they are sparked by even the slightest shift in weather. Lately, all of this rain has stirred up the pollen and created daily sinus headaches and allergy fits for anyone with even the slightest allergy problems. However, there is a quick fix for this problem that won't cost an arm and a leg at the pharmacy store. Simply go to your local farmers market and purchase local, unpasturized honey (it usually still has the honey comb in it). Eat a tablespoon each morning, and you will notice that your allergies are no longer as sensitive as they were before. Basically, the bees make their honey from the pollen in the local flowers. So, by ingesting a little bit each day, your body begins to build a tolerance to the pollen and ultimately eases your allergies.

  • Bee Stings - Nothing ruins a summer outing quite like a bee sting. These pesky rascals can leave a welt big enough to write home about, and I have yet to find an over-the-counter product that relieves the pain instantly. However, there are products do take the pain out of the sting immediately, and many of them are found in your own home. For example, mix baking soda and water together to form a paste, and then apply that to the site of the sting. This paste will reduce the sting caused by the bee's venom. Tabaco has the same quality-- this is one thing that cigarettes are good for. Just open the cigarette and rub a pinch of tabaco on the sting to neutralize the pain. Luckily, most people have at least one of these products in their home.

  • Bug Spray - Why spend a fortune buying bug spray when you can just make it at home?
              
“Essential oils that have pungent, spicy, or woodsy odors repel inspects by masking our natural scent; cedar wood, citronella, eucalyptus, lavender, rosemary, and tea tree oils are among the most effective. Because of their potency and concentration, essential oils should always be diluted when used in a spray. Make your own DEET-free repellant by blending five drops of patchouli essential oil, 2 ounces of which hazel, and eight drops of cedar wood essential oil in a spray bottle, says essential-oil educator Andrea Butje” (Wholeliving.com, Summer Survival Guide).

These three remedies are easy to access and are an inexpensive and natural way to beat summer's pesky set-backs. So, make sure you have these essentials in your home, and go out and enjoy all that summer has to offer without the worry of allergies or insects!


Written by Kelly Jones

Friday, June 8, 2012

Summer Scenes: One day Cruises!

Copyright Capt. Anderson's Marina
                The weekend is here, its summertime, and you are just dying to go on a vacation. However, with the economy still recovering and the kids at home from school, getting away for the weekend seems a bit out of reach. Rest assured—I have your answer. For the past few days, I have written about different places to travel in Florida that will provide the relaxation that you need without hurting your budget. Today is no different. Your weekend of R&R is just a short drive away, located in Panama City Beach in North Florida.
Something about the summer makes people want to cruise around the world and enjoy the fresh air on the deck of a ship. Well, in Panama City Beach, you can enjoy the thrill of the ocean without using all of your vacation time and savings account. Capt. Anderson’s Marina offers two day cruises out to Shell Island for viewing dolphins and watching the sunset.
The first cruise is Shell Island with Dolphin Viewing. Come aboard Capt. Anderson’s boat to enjoy the fresh air and beautiful view of dolphins playing in the ocean. This boat features a glass bottom, so you can enjoy all the wonders of the sea as you cruise along in your comfortable boat seats. Once you reach Shell Island, you are welcome to walk around and collect shells or wade out into the water for a quick dip! Throughout your voyage, the captain will provide a historical narration of the area and the different sea life that you will encounter. This cruise is perfect for a family outing—you will receive the relaxation and enjoyment that you want, while the children will be entertained with the glass bottom boat and all of the wonderful sights. Admission is $20 for adults and $10 for children.
If you are looking for something a little more romantic, I suggest the Dolphin Encounter Tour. This cruise departs at 5:15 every evening so that the passengers can enjoy watching the sunset across the water while they view the bottleneck dolphins. This cruise is a little more scenic and relaxed than the previously mentioned cruise, which makes it perfect for a date night. Want to stay a little longer? Many hotels in the area are offering summer promotions, so be sure to check it out! Admission for this cruise is $12 for adults and $6 for children.
If you would like more information, be sure to check out the website and give Capt. Anderson a call for reservations. Your relaxing weekend is just a short drive away!


Written by Kelly Jones

Wednesday, June 6, 2012

Summer Scenes: St. Augustine

Photo taken from National Park Service
    
One of the most beautiful and historic cities is located right here in our beautiful state. St. Augustine resides on the east coast of Florida, north of Daytona. Few people know that St. Augustine is the nation's oldest city and has been continually populated since its founding in 1565. Other settlements have trickled out, but St. Augustine has held strong to its lush land by the sea. Lucky for us, it is just a tank of gas away! The city is populated with beautiful architecture, vibrant landscapes, and delicious restaurants. Much like Park Ave (mentioned in our last post), the streets are lined with unique boutiques and street performers. So, after you spend the day relaxing on the white shores, you can walk down the cobbled streets and have a meal and entertainment before heading back home. Looking for more than just the beach? Here are some other attractions offered by this historic city:

1.      The Fort: Castillo De San Marcos - This is the oldest masonry and only remaining 17th century fort in the nation. Sitting on about twenty acres, this fort encompasses all of battles and power struggles that have occurred throughout the timeline of American history.
“Many flags have flown during Castillo’s illustrious history, including the Spanish, the British, the Spanish again, the United States of America, the Confederate States of America, and finally the United States of America again” (St. Augustine Record, Castillo de San Marcos).
The admission is $7.00 for adults and is valid for seven consecutive days. Children under the age of 15 are admitted free of charge. You can tour the fortress, which I strongly recommend. I took the tour a few years ago and it was an experience that I feel everyone should have. You can also join one of the Ranger Programs, as they give talks throughout the day on the history and culture of the Park. There are occasional reenactments in period dress and weapon demonstrations, which would be a great form of entertainment for the family. Getting tired? Relax on the top of the fort and have a picnic before exploring the rest of the city.
        2.   The Fountain of Youth – Yes, the ever-famous Fountain of Youth does exist! I cannot
              promise that it will halt your aging process, but you can visit the attraction and find out!
             The admission is $12 for adults, and allows for a number of activities, such as:
                       
·         View the stars in the planetarium
·         Visit the native Timucua village
·         Watch a cannon firing
·         DRINK FROM THE FOUNTAIN OF YOUTH

This attraction has activities for everyone, including a large park for some relaxation time after your long walk of exploration. The park is set on fifteen acres, with plenty of hosts to answer any questions that you have about the history and culture of the city!

     3.     St. Augustine Lighthouse – Tour one of the most beautiful lighthouses ever built. The
             famous St. Augustine lighthouse stands at 165 feet above sea level and contains 219
             steps. Admission is $9.50 for adults and $7.50 for children. Visit the website for the
            different tours offered, such as the ghost tour after dark and the sunrise tour!  

          If you are looking for a fun and relaxing day with the family, this is the place to go! The attractions are relaxed and done and your own pace and schedule. There are plenty of sites to see and areas to relax and unwind. With the admission prices and close distance, this is one vacation spot that will not deplete your wallet or your vacation time!


Written By Kelly Jones

Tuesday, June 5, 2012

Summer Scenes: Park Ave, Winter Park, FL

    
Photo from InsideFlorida.com

              Summer is here, and that means one thing: summer vacations! People have saved up their vacation time and are planning week-long trips to beat the heat and relax far away from home. However, not everyone can be satisfied with only one trip away from home this summer. Over the next few days, I will share some of Florida’s most beautiful and relaxing places that you can visit on one tank of gas and one day of vacation. The first place is Park Avenue in the little town of Winter Park, near Orlando.
                Park Avenue is one of the most famous shopping strips in Florida. The cobbled streets and unique boutiques give this avenue a friendly and welcoming feel. A typical weekend includes musicians on the street corners and a farmers market at the end of the road (the Farmers Market has the BEST kettle corn!). Some weekends include different art festivals and dog shows along the street. On November 11, the world famous Exotic Car Show takes over Park Ave. Grab a Barnies coffee or a Starbucks and head over to enjoy the show! Shopping includes Thread, Pottery Barn, Restoration Hardware, and a number of elegant boutiques for fashion, interior decoration, and jewelry. Staying for the day? Enjoy the numerous restaurants the border the street, with everything from sushi at Thai Thai (my favorite!) to frozen yogurt at Tutti Frutti.
                As it reaches the middle of the afternoon, the sun and heat can become a little overwhelming. If you are making this a family outing, there are many ways to cool off and keep the kids entertained. Park Ave is located on a long, beautiful park. Bring a picnic and a ball and let the kids run around on the lush, green grass or play in the flower gardens while you relax in the shade of large Oak trees. Still too hot? Cross the street to Rollins College and take a stroll around one of the most beautiful campuses in the country (just take a look for yourself). Let the path take you down to Dinky Dock, where you can take a dive into Lake Virginia to refresh yourself. There are canoe and paddleboard rentals available to the public, as well as boat tours to take you around the five interconnected lakes of the area.
                This is a trip that can be done in a day and not put any more of a strain on your wallet than you will allow (everything is free, except the shopping and canoe/paddleboard rentals). Don’t want to drive? The Amtrak train will take you from downtown Tampa to the station directly on Park Ave. I strongly encourage you to take the time to check out this beautiful area in our state. You don’t have to travel hundreds of miles and take off a week from work to experience a fulfilling and relaxing vacation!
                Written by Kelly Jones

Monday, June 4, 2012

National Flood Insurance Stays Afloat

Photo taken from OrlandoWaterfrontExpert.com

On May 31, 2012, the U.S. House of Representatives met to discuss the fate of the National Flood Insurance Program. As mentioned in a previous post, the House discussed a possible sixty day extension for the NFIP. This will allow both the House and Senate to review possible changes to the program and to make a long-term decision regarding the whether or not to continue the NFIP. There are currently some revisions begin discussed about secondary and vacation homes built before 1972. While there are not many details available now, they should be releasing this information as soon as they come to a decision. In sixty days, the House and Senate will reconvene and decide make the final decision regarding the changes and the extension of the program for another year.
            However, this next court date puts us dangerously close to when hurricanes typically come through our beautiful state of Florida. Hurricane season began on June 1 and usually lasts through September. Therefore, I strongly encourage everyone who does not currently have flood insurance to call an agent and ask about it. For those who are not in a flood zone, the premium is low and fixed. I advise to purchase the coverage now, while the NFIP is still in effect. If you wait until the House meets in sixty days, there will be another hold on new business policies.
            Remember, a flood is defined as any type of rising water. Therefore, even a strong rainfall (which we have had recently) could cause the overflow of a nearby body of water. Make sure that your home is properly protected before we enter into the rain and hurricane season. If you have any questions, feel free to contact our agency. We have trained agents ready to help you with any concerns that you might have.







Written By Kelly Jones