Elementary Insurance Agency

  Umbrella insurance gives policyholders extra insurance beyond the limits and coverages of their existing policies.Umbrella policies can protect your assets from; lawsuits, medical bills, injuries, etc. If your homeowners or auto insurance’s limit is not high enough to cover an incident, an umbrella policy can help. What can an umbrella policy cover? Here are some scenarios: If you are responsible for a car accident You cause a 15-car accident and your auto insurance property damage coverage can only replace a certain number of victims' vehicles. Your personal liability coverage is also not high enough to pay for their medical bills. Someone gets injured on your property Your teenage daughter throws a party at your house while you’re out of town. Someone brings alcohol to the party, and one of the guests injures himself by jumping off the roof. H is parents decide to sue you for the damages and the underage drinking. If your dog bites someone Your dog runs out of the house and ag...

  James Johnson of Ground Zero Mold and Home Inspections confirms "getting a wind mitigation is a great way to save “big” on your home owners insurance. Many clients are confused on what a wind mitigation is. A wind mitigation has nothing to do with a pass or fail. It has everything to do with how much money can you save. As a home owner that’s what we like to hear." Here at Elementary Insurance Agency, we are dedicated to making insurance simple for all and that's why we're excited to share the specifics on wind mitigations with the help of a certified professional field inspector. What is the Purpose of a Wind Mitigation Inspection? A wind mitigation report tells insurance companies how stable a home's roof is against strong winds. Events such as wind storms or hurricanes may cause damage to the construction. If your home has strong features, it reduces the chance of loss. The process involves an inspection from a certified inspector. In Florida, the inspectio...

What is an HO3? An HO3 policy is the minimum amount of homeowners insurance that has a broad range of coverage. HO3 has a limitation for its contents coverage. This type of coverage is called named perils. HO3 policies typically have a list of 16 named perils that they will cover your personal property from damage. Any other type of damage that isn't listed on your policy, will not be protected.   Examples of common named perils include: Fire or lightning Theft Vandalism Windstorm Falling objects and more An open peril policy would be used for your property's structure. An open peril gives you more freedom than a named peril because there are less limitations. Unlike named perils, there is no list to review on this type of policy. If your insurance doesn't exclude the type of damage, you are protected. What is an HO5? HO5 policies have a more expanded coverage and less limitations compared to HO3 policies. With an HO5, the contents and structure of the home are protected un...

  Why Are There Limited Insurance Carriers in South Florida? It has been a lingering thought in many people's minds why South Florida has such trouble insuring homes. South Florida includes Broward, Miami- Dade and Palm Beach counties and those counties are known as the TRI- county area.  When seven different carriers reduced their policies in Broward and Miami- Dade throughout the 2017 year, c arriers such as Universal and Citizens had to insure the excess homeowners. In 2018, Universal ended up with over 24,000 additional policies and Citizens accrued more than 5,000 policies. Universal again faced the obstacle of rising reinsurance costs and insurance fraud, when having to cancel or non renew a significant number of policies before the 2021 storm season. Citizens Property Insurance used to be known as a last resort insurance carrier, but now they are the first choice of many homeowners in Miami-Dade and Broward counties.  Other counties that have been denied coverage a...

July 4th is the holiday to celebrate our nationhood. Independence Day is a historic day celebrated annually and something we at Elementary believe is very important. This year, the Fourth of July will be a much needed vacation time for many of us. Here are some Fourth of July tips for all celebrators.  Outdoor Safety For the 4th, we know the outdoors will be receiving more foot traffic and we just want to make sure everyone’s being safe. Here are some basic outdoor safety tips. Always be weather wise Pack a basic first aid kit Be sure to limit the activities in the dark Wear appropriate clothing  Bring any necessary equipment Never travel in certain areas alone Water Safety Boating Check your local weather status. Know all weather hazards Have all passengers wear a life jacket Check nautical resources for tide and current predictions Be sure to look at wildlife viewing resources and guidelines. Keep up to date with fishing regulations Keep your boat clean and green to prevent...

Insurance Awareness Day has been created in order to encourage people to go over their insurance plan on this day. Elementary wants to encourage our policyholders to think about the other insurance products we provide. Also, we would love to encourage you to encourage a friend, relative, or colleague to call us and get their insurance quotes.  Our Products      Referring Another We at Elementary hope you are confident enough in us as your agent or potential agent that you would do us the pleasure of referring us to someone you know needs us. We would love to make the entire family a part of our family here at Elementary.  Here is an informational video from Insurance Information Institute with insurance tips for you: https://www.iii.org/insuranceindustryblog/national-insurance-awareness-day/ It's easy to celebrate Insurance Awareness Day by Preventing and Protecting with a proper Policy! Call us for a Quote Elementary is focused on helping you increase ...

June is Safety Month and there are a number of ways to celebrate. Elementary wants this         summer to be the best to date. We think everyone could use a good one but we do not want to be unsafe either. Fun in the sun is something we at Elementary hope you get a lot of this summer. Here are a few summer safety tips we would like to share. Home Safety Tips  The place you lay your head is the most valuable asset and we want it protected. Please consider the safety hazards that are around your home. Summer could be a great time for updating projects and providing checks of all appliances. Vacation planning can be a hassle but be sure to remember everything. Use the safety checklist below to ensure your home's safety while you're away. If you do not have a current home insurance policy please contact us. Home Safety Checklist: Before You Leave for the Vacation Make sure all entrances/windows are locked Make sure all entrances/windows are locked Check ele...