How is condo insurance different from home insurance?

Owning a condo in Oviedo, FL puts you in the perfect place to enjoy Central Florida. Located just 35 miles northeast of Disney World and 30 miles from sandy Atlantic beaches, you have an ideal location. But, like owning any home, a condo in Oviedo comes with plenty of worry and things that you need to care for. Condo insurance may be something that you know little about, and how it is different from home insurance may be confusing. The knowledgeable agents at The Wurzel Agency are ready and able to answer any questions that you may have. 

The significant difference between home insurance and condo insurance is that home insurance includes the entire home, inside and out. Home insurance covers the main structure, exterior attachments like a garage or deck, and also any other structures in your yard such as a shed, detached garage, or casita. When you own a condo, the condo association will have a master policy that covers the exterior of the building. This includes the roof, walkways, common areas like a pool or a gym, and the parking lot. They repair or replace wear and tear and also damage caused by covered perils. Their insurance, however, does not cover the interior of your unit. 

Condo insurance covers your personal property and also offers liability coverage. With a quality condo policy, you will also be covered for loss of use if the condo is damaged so severely that it is not habitable. It will pay for you to stay somewhere else until your unit gets the okay for you to move back in.

If you are a new condo owner or are considering changing your condo insurance coverage, The Wurzel Agency in Oviedo, FL is happy to talk to you about the perfect coverage for your unit. 

3 Tips for Buying Umbrella Insurance in Florida

Umbrella insurance is added on the insurance that kicks in when your traditional policy runs out. It’s a vitally important piece of insurance to have since it gives you the peace of mind by knowing that whatever happens, you’re covered. If you’re considering purchasing an umbrella insurance policy in Oviedo, FL, here are three ways to get the best policy for your needs and save money in the process.

1. Work with a Reputable Agent

Your first step should be to connect with a reputable, friendly agent. Trying to navigate the maze of insurance policies can prove challenging when you’re doing it on your own. However, with the help of an insurance agent, you will better understand what each policy has to offer and at what price.

2. Compare Several Quotes

You and your agent will compare several umbrella insurance quotes to find the best one for your needs. This is the perfect time to ask questions and get clarification and guidance. An insurance agent from The Wurzel Agency can help you with this.

3. Bundle Your Policies

Your insurance agent will also assist you in bundling all your policies under one insurance carrier to save money on your premiums. You can stay with your existing carrier or switch to a new one for added savings and excellent coverage. This is one of the easiest and quickest ways to save money on insurance.

To learn more about umbrella insurance, why you need it, and the best approach to purchasing a policy, contact The Wurzel Agency today. We serve the Oviedo, FL area and are standing by to help you get maximum coverage with the right umbrella insurance policy at the right price.

 

3 Reasons to Consider Flood Insurance

If you own a home in Florida, you should definitely consider flood insurance to protect your property. The high risk of flooding from hurricanes and tropical storms makes this coverage well worth your while. With flood insurance from The Wurzel Agency in Oviedo, FL, you can recover much quicker from a flood disaster. If you’re still on the fence about purchasing this coverage, consider the following flood facts.

Floods Can Cause Substantial Damage

Flooding can happen quickly and with little warning, leaving you with thousands of dollars’ worth of damage to your home, not to mention the loss of belongings. It only takes an inch of floodwater to cause structural damage to a home. If floodwaters rise to 3 inches, you may need to replace carpets, wood flooring, baseboards, furniture and more.

Floods Can Occur Anywhere

Floods can occur anywhere, not just in high-risk areas. Florida is known for its heavy rains, tropical storms and hurricanes, which puts Florida homeowners at high risk of flood damage. Adding flood insurance to your existing coverage can give you peace of mind that your home and goods are protected against this disaster. It’s better to be safe than sorry when it comes to protecting one of your most valuable investments.

Flooding Isn’t Covered by Standard Home Insurance Coverage

Standard homeowner’s insurance doesn’t cover flood damage. Your home insurance will protect you from rainstorm damage if your roof leaks and water enters your home. It also includes damage from leaky plumbing. If heavy rains cause flooding and floodwaters wreak havoc on your home, you’ll be responsible for the cost of repairs unless you have flood insurance.

The good news is that flood insurance is affordable, putting it well within your reach. To learn more about flood insurance coverage and costs, contact The Wurzel Agency, Oviedo, FL.

You’ve been in an accident, now what?

Auto accidents can be very scary events, and in the aftermath, you can feel confused and unsure of what to do next. After you have received the medical attention that you need, it’s time to call your insurance agent. The team at The Wurzel Agency understands how traumatic accidents can be, especially when you are also dealing with medical issues. Our team is here to help you throughout the entire claims process and get you back to your regular routine here in the Oviedo, FL area.

What to do after you’ve been in an accident

Once you have been in an accident the first thing to do is contact the police to file a report. Even if you don’t feel injured, it’s always a good idea to have a check-up to make sure that you don’t have any injuries that maybe haven’t become noticeable yet. Once you have the medical attention that you need, it’s time to file your insurance claim. If you work with an online insurance company, you will be on your own.

However, if you have a local insurance agent working with you, the process can be a lot less stressful. Filing an insurance claim is not impossible, but when you are also dealing with possible medical issues and car repairs it can be the last thing that you want to do! We recommend that you contact your agent right away to get the process started and get your life back to normal as soon as possible.

Contact the team at The Wurzel Agency is you want the specialized attention that will help make the claims process less stressful. We are here to provide the greater Oviedo, FL community with attentive service no matter the situation. Call or stop by today!

Essential Commercial Insurance for Oviedo, FL Transportation Business

If you have a transportation business in Florida, there are unique risks that you need to make sure are covered. Your CDL operators are experienced drivers with the right qualifications for the job — but you can’t vouch for other drivers on the roadways. Maybe it’s time to check out the benefits of commercial car insurance specific to your business needs. You may provide transportation, delivery services, or other activities that require a lot of driving. Let The Wurzel Agency representatives help you customize your coverage to your needs.

Commercial Auto Insurance

Commercial drivers or business owners who employ CDL drivers need to be familiar with federal and state laws. For instance, childcare pickups and food delivery services require commercial auto insurance. Personal auto insurance simply doesn’t cover every situation that could arise on the road. At a minimum, discuss bodily injury liability and property damage liability with your agent. Many other options are also available.

Additional Coverage Options

Your agent can provide details on the types of coverage below. However, here’s a summary to get you started: 

  • Uninsured/underinsured motorist insurance covers you for damages to your car caused by an uninsured or underinsured motorist.
  • PIP with medical coverages. Personal injury protection (PIP) provides medical coverage for passengers injured in an accident.
  • Emergency roadside insurance. This is almost a need-to-have coverage for drivers traveling cross-country on a regular basis. It alleviates the burden of high repair bills when you break down on the road.
  • Personal effects insurance. This insurance covers personal belongings that are stolen, lost or damaged.

Contact Us

Contact The Wurzel Agency today to make an appointment for commercial auto coverage required by your Oviedo, FL business.

Homeowner’s Insurance for First Time Buyers

Owning your home is an important part of a financially stable lifestyle. However, first-time homebuyers often underestimate the importance of a high-quality home insurance policy. How can a customized homeowner’s insurance policy from the Wurzel Agency in Oviedo, FL help you protect your Florida residence? Here are some things you should know about homeowner’s insurance as a first-time buyer.

You Really Do Need Insurance

The state of Florida doesn’t require you to have an active homeowner’s insurance policy. If you’re financing your home, however, your lender probably will need you to carry a comprehensive policy through the life of your loan.

Even if it isn’t required, you really do need an active and adequate insurance policy. Home repairs often cost more than expected. A big event like a storm, fire, or theft could drain your savings and leave you vulnerable to future emergencies. Your homeowner’s insurance policy protects your personal assets and ensures you will always have a comfortable place to call home.

All Contracts Are Not Created Equal

Homeowner’s insurance policies are designed to meet the needs of each individual subscriber. While there are some common elements to each contract, yours can be customized to speak to your specific needs. Your policy could include coverage for:

  • Liability
  • Structural damages
  • The contents of your home
  • Personal belongings
  • Additional structures on your property
  • The surrounding grounds
  • Internal structures like sewage systems and sprinkler systems

The representatives at the Wurzel Agency are always happy to help you find the perfect coverage for your family home.

Opt for a Lower Deductible

Many insurance subscribers choose a high deductible plan. This strategy reduces their monthly payments and helps them keep more of their cash. However, when a disaster occurs, these subscribers often find themselves scrambling for the funds to cover their portion of the repair bill. Choose a lower deductible to ensure you can afford needed repairs when they come up.

Talk to the agents at the Wurzel Agency for more information on homeowner’s policies for first-time buyers in the Oviedo, FL area.