In most cases, an antique motorcycle is 25 years or older. However, the value of an antique motorcycle can vary greatly and should be considered before shopping for appropriate motorcycle coverage options. Before consulting an insurance agent, be sure to have the bike appraised if the value is significant.
Purchasing Motorcycle Insurance
An antique motorcycle can be just as valuable as an antique car. That is why having an appraisal in hand and working with a skilled insurance agent is a must to provide comprehensive insurance adequately. Bring any paperwork relevant to the value of the motorcycle to the agent, and they can help outline current needs and policies that can cover those needs.
Working To Find Adequate Coverage
The insurance agent can offer options that also can be added to the policy to avoid gaps in coverage and give complete motorcycle coverage. Those who are in the market for excellent motorcycle coverage in the Okeechobee, FL area should consult with Pritchards and Associates, Inc. to find out what policy options are available to them to cover an antique motorcycle. Additionally, they can discover add-ons that give added protection to both the rider and those who are on the road.
Motorcycle insurance can be a great asset to those on the open road. Although liability is a must, complete coverage is necessary to protect antique motorcycles, especially those with a higher appraised value. Riders living near Okeechobee, FL should call or stop by Pritchards and Associates, Inc. to find out more about insurance options that fit their current and future needs and find out the answers to any questions about coverage.
Often, when people are purchasing a vehicle through financing in Okeechobee, FL, they find themselves having to carry full coverage auto insurance. There is some confusion revolving around the insuring of financed vehicles, but it is more straightforward than it seems. First, it is crucial to understand that the state is not who requires you to have full coverage. If you were to get pulled over in a financed vehicle, the law only requires that you have liability- just as with any other vehicle.
It is the finance company- the lender- that requires full coverage insurance. Until you have finished paying the vehicle off, it does not belong to you. It remains the property of your lender. If you are involved in a wreck, you could walk away from the vehicle and loan and leave the finance company responsible for the cost of the damage to the vehicle.
Due to this, lenders often require that you carry full coverage until the loan is paid off. Sometimes, they allow borrowers to change over to liability once a certain percentage of the loan is paid off. If you fail to carry full coverage until the specified time frame is met, you are going against the contract between yourself and the lender. Breaking any portion of the agreement gives the lender the right to take legal action, including taking the car back.
Your lender should discuss all of the necessary requirements with you before signing the loan. If you are unsure of the exact requirements, reach out to us here at Pritchards and Associates, Inc. We will help you take a look at the specified conditions and help you find the necessary insurance coverage. Whether you are looking to purchase new insurance, update old coverage, or swap to a provider who can help meet your needs, Pritchards and Associates, Inc. of Okeechobee, FL is here for you. Give us a call or stop by our office today!
Florida is well-known for its beautiful beaches and tropical climate. At the same time, this tropical paradise has its share of “thorns” in the form of tropical storms and hurricanes. If you own a home in Florida, you need the extra protection that flood insurance from Pritchards and Associates, Inc. in Okeechobee, FL has to offer in protecting your valuable investment. Here’s why flood insurance is so vital to Florida homeowners.
Flooding Can Occur Anywhere
Although homeowners who live in flood zones are at higher risk of flood damage during hurricane season, flooding can occur almost anywhere in Florida, even if you live in a low-risk area. According to FEMA reports, approximately 20-25% of flood claims in the country are made by homeowners living outside of flood zone areas. Hurricanes in Florida are notorious for dumping substantial amounts of water all over the state, increasing your risk of flood damage, regardless of where you live.
Standard Home Insurance Doesn’t Cover Flood Damage
Standard homeowners’ insurance doesn’t generally cover flood damage. Without flood insurance, you could find yourself covering flood damage out of your pocket. Even a small flood of several inches of water can cause tremendous damage to a home’s structure, not to mention the loss of personal property. You could face paying for tens of thousands of dollars’ worth of damage out-of-pocket.
Importance of Protecting Your Assets
Your home is one of your most valuable investments. Losing a home to flooding could be catastrophic for you and your family. In addition to losing your home, floods can destroy your home’s contents, forcing you to start from scratch in recovering your assets.
For more information on flood insurance protection for your Okeechobee, FL home, and personal effects, contact an agent from Pritchards and Associates, Inc. today.
When it comes to getting health insurance for your family, there are three basic options to choose from. Your situation, including your income, will determine which options you qualify for obtaining. For those who have little to no income, you may be able to get health insurance for your family through a government program at little to no out-of-pocket cost. These plans usually come with small co-pays as well, with some having $0 co-pays. If your income exceeds the minimum threshold for free government health insurance for your family, then you must choose between an employer-sponsored plan or coverage through a private insurance agency. Here at Pritchards and Associates, Inc., serving the Okeechobee, FL area, we help people just like you every day get the health insurance they need to protect their family.
Should I Get Employer-Sponsored Health Insurance?
Some employers offer really good insurance coverage, and we highly recommend getting a policy through your employer if it meets all of your needs at an affordable price. Some people can tap into an individual health insurance policy through an employer at a very low cost, but once they add on family members, the premium becomes expensive. If you can’t afford health insurance for your family through your employer, you can always visit our office.
Should I Get Private Health Insurance For My Family?
One of the top reasons to get private health insurance for your family is because it can be customized to meet your family’s exact needs. We work with clients on a daily basis, helping them customize their policies to ensure every family member receives the health coverage they need. To learn more about customizable health insurance plans for your family, contact Pritchards and Associates, Inc. serving the Port St. Lucie and Okeechobee, FL area today.
You retired to Okeechobee, FL, and you want life insurance that will protect you and your family from issues. Therefore, you need to talk to us at Pritchards and Associates Inc. right away to learn more about what you can do to ensure that your policy is as high-quality as possible.
Pay Attention to Payout Rates
When buying life insurance, make sure that your policy pays out at a reasonable time. Some plans will take a few weeks to go into effect after a person dies. Others will go into effect almost immediately. The differences mostly lie in the policy cost and what you pay.
For example, more expensive policies typically utilize incentives – such as faster payouts – to get you to buy. And other plans have to pass through a few hands and get some specific execution before they work. So read through what to expect to ensure that you get the most from your policy.
Visit Your Doctor Right Away
Many people try to get a life insurance policy without talking to a doctor. This step is often a mistake because a company may penalize you if they find out you had a health problem before taking to them. However, they are willing to work with you if you have certain illnesses.
For example, if you spot a health problem that could affect your policy, you want to know sooner rather than later. When you see what is happening earlier, you can talk with your insurance provider and find a plan that is specific to that unique situation and save yourself the cash.
We Can Help You
So if you live in Okeechobee, FL and you want high-quality life insurance, please contact us at Pritchards and Associates Inc. to learn more. Our experts will sit down with you and come up with a plan that serves your needs comprehensively and effectively.
Your car is one of your most valuable assets. Helping it hold its value not only increases your ability to get more out of it at trade-in time, but it can also help you in other ways as well. This is especially true if you are involved in an accident and an adjuster is trying to determine the value of your vehicle. Residents of Okeechobee, FL can turn to the agents of Pritchards and Associates Inc. if they have questions concerning how to maintain their car’s overall value.
Keep It Clean
Keep it clean both inside and out. Take it to the car wash at least once a week and remember to vacuum the inside. Washing away dirt and grime reduces the risk of paint discoloration and rust spots. Cleaning underneath your vehicle will also help to reduce wear and tear.
Regularly scheduled maintenance is recommended by the manufacturer. Changing the oil and having the fluids checked at least once every three months or three thousand miles will keep the engine running in top condition and reduce your risk of a break-down.
Keep the Mileage Low
Keeping the mileage low can be a hard thing to do if you only have one vehicle. Instead of running out every time you need something, combine your trips so that you only have to venture out once. Saving a few miles each week will add up over time.
When you are interested in learning more about how to maintain the value of your vehicle, call the agents at Pritchards and Associates Inc. Their goal is to help the residents of Okeechobee, FL get the best possible insurance coverage for all of their vehicles. Make your appointment today and find out if you have the coverage you need!
Do you own a growing business in Okeechobee, FL? If so, it’s time to revisit your commercial insurance policy to make sure you are fully protected. Your business is your lifeline, a valuable asset that needs to be protected properly to make sure you stay in business for a long time. In the future, you can always sell your profitable business for retirement or pass it down to a family member. Either way, your business needs to be protected. Read on to learn more about adding additional coverage to your growing business.
Have You Added to Your Fleet?
If your growing business utilizes cars, vans, trucks, boats, ATVs, or even airplanes and you expand upon this fleet, you’ll need extra coverage to make sure it is protected. The knowledgeable insurance agents at Pritchards and Associates Inc. can help you expand on your policy to cover a growing fleet.
Are You Hiring More Employees?
As your business grows, so should your employee base. If this is your situation, you’ll need added coverage to protect these employees. Revisit your current commercial insurance policy to make sure each and every employee is covered.
Expanding to another Location?
Many growing businesses have more than one location. This can be across town or in another state. Adding another location will require you to update your current commercial insurance policy or add a new one.
To learn more about protecting a growing business in Okeechobee, FL, contact the team at Pritchards and Associates Inc. serving this area. Our friendly agents will answer all your questions and concerns and help you find the best commercial coverage to protect your business.
Home insurance in Okeechobee, FL covers many things, but there are certain things that aren’t covered. If you are worried about your coverage under your home insurance policy, an agent at Pritchards and Associates Inc. can help you find the right option.
Mold: A standard home insurance policy will limit mold coverage or completely exclude it. The best way to deal with mold is to prevent it in the first place, and if you have a leak or flooding to get rid of the moisture as fast as possible.
Sewer Backup: If the sewer backs up in your home, it can do a lot of damage, but it’s typically not covered. You can get extra insurance to cover this.
Floods: Many times, homeowners think floods are covered but instead you need a separate flood insurance policy.
Construction Work Damage: When you are renovating your home, your policy won’t cover any damage that is done to the home. You can get a separate policy to cover damage and your contractor should be licensed and have liability insurance.
Fine Art and Jewelry: There will be a limit on how much coverage there is for personal belongings, and jewelry and fine art can exceed these limits. The way to protect these things is with a separate rider that specifies exactly the coverage.
Destroyed or Stolen Cash: It’s hard to prove that you had cash stashed away in the home if the home was destroyed or the cash was stolen. Keep it in a safe place in order to protect it.
Termite Infestation: Termites can cause a lot of damage, but your home insurance won’t pay for it. A licensed pest control company should inspect your home to avoid this problem.
Contact Pritchards and Associates Inc. serving Okeechobee, FL, to get a quote on home insurance.
If you have a recreational vehicle and want to get the right coverage, a recreational policy can help you meet Florida insurance requirements and mitigate risks to your financial well-being. While you may not need a commercial drivers license for a recreational vehicle, you have to get the right policy to match your risk profile and meet state requirements. The following are some ways that recreational insurance can help you.
Recreational policies typically include general liability insurance that financially protects vehicle owners for property damage and bodily injury claims. The coverage thresholds are variable and must be stated in the policy. Deductibles, premiums and coverage options all factor into the decision to buy insurance. For business owners that use recreational vehicles in their business, obtaining the right recreational insurance coverage is critical.
Whether you want to rent an RV for the weekend, or if you’re purchasing your first vehicle, Pritchard and Associates Inc. in Okeechobee, FL can help tailor a policy to meet your needs. Given the size of most RVs, it’s important to select the right levels of coverage, given the damage that an RV can cause. Other recreational vehicles come with their own risks, making it important to select coverage options that match your risk profile. Working with a professional to select coverage is the optimal way to avoid insurance mistakes that can end up costing you a lot of time and money in the future.
For additional information regarding recreational insurance, contact Pritchards and Associates Inc. in Okeechobee, FL today. Enhance your peace-of-mind while exploring Florida and other areas of the U.S. Optimize your insurance coverage and take to the road in confidence.
In many places around the U.S., camping is a favorite activity for many. For Okeechobee, FL residents who don’t own an RV, one can be easily rented. The agents at Pritchards and Associates, Inc. offer rental policies that pick up where the rental agencies policies may leave off. If you plan on renting an RV for your weekend getaway or vacation, make sure you are fully protected against a variety of events that could lead to financial loss.
Insurance Provided by the Rental Company
When you rent an RV, you have the option to purchase additional insurance that will cover the cost of the RV if it is damaged or stolen. While this type of insurance is beneficial, it mostly protects the rental agency and may not fully cover your belongings. It may also have limits in terms of the amount of injury liability. The rates will begin to increase the more liability you add to the policy.
Know How to Protect Yourself
The key is knowing how to protect yourself. While the policy from the agency protects them from any type of loss, it may not benefit you as much as you think. Instead of just taking your chances, it may be in your best interest to purchase your own policy that will provide protection for your personal belongings.
When you have questions about any type of RV insurance, call the agents at Pritchards and Associates, Inc. We can help Okeechobee, FL residents remain fully protected at all times with an RV policy that suits their individual needs. If you have questions, don’t delay. Before you rent an RV, call and talk to a reputable agent as soon as possible.