Understanding What Your Insurance Doesn’t Cover

While many homeowner’s insurance policies cover you against the major stuff – like property damage, theft and injury – there are several scenarios in which your policy likely does not cover you. If you don’t live in a flood zone then flood insurance isn’t a big deal for you, but for those that would be affected, it’s important to know that that won’t be covered in your basic plan. Therefore, it’s important to know the most common things your policy won’t cover so you can be prepared to purchase additional coverage where needed.

Flood: Floods and water damage can be one of the more confusing aspects of homeowner’s insurance coverage. Your typical policy wouldn’t cover you if a powerful storm flooded your area and damaged your home, but it most likely would still cover you if your icemaker broke and flooded your home. Water damage from water and sewer line backups may also be excluded. Depending on where you live, you may have the ability to purchase flood insurance. While this type of insurance can be pricey, it can provide valuable financial assistance if your home is ever flooded.

Earthquakes: Fortunately many people don’t need to worry about this, but for those that are most likely affected, it’s invaluable.  In addition to earthquakes, many policies won’t cover other types of earth moments. These can include shock waves, sinkholes and mudslides.

Valuables: Your homeowner’s insurance will cover the valuables within your home, but there is a certain limit – for example, $20,000. If you collect expensive jewelry, rare works of art, or priceless paintings or gems, you’ll need a separate insurance policy to fully protect them.

Whether you’re in the market for a new home insurance policy or you just want to be better prepared in case you need to file a claim, it’s best to be properly informed of your policies coverage. For information on home, auto or independent health insurance in Florida, contact Fearnow Insurance, Inc. today.

What to Look for in Your Homeowners Insurance Policy

Not many people can afford to replace their home and all of their possessions should it be damaged, destroyed or your property stolen. For that very reason, homeowners insurance is vital. While it might feel like money wasted, it is money well-spent in the event of an accident. However, not every insurance policy is created the same. To make sure you have the coverage you need, here are some important things to consider and features that should be included in your policy.

Premium: This is the amount you have to pay for the insurance, often broken down into monthly payments.

Deductible: This tells you how much you have to pay before your insurer will begin to pick up the cost. If you have a $2500 deductible then you’ll be required to cover that amount before insurance kicks in.

Type of Coverage: The two most common types of homeowners insurance are replacement value and market value. Replacement value means your insurer will pay whatever it costs to replace your existing house; the market value means the insurer will pay what the house is worth on the open market.

Discounts: Some policies reward you for doing certain things, such as installing a security system or cutting back shrubs near the house, which may qualify you for a discount.

Exclusions: Your policy probably doesn’t cover earthquakes or flood damage. Find out and see if you need to buy a special policy to protect yourself against these natural disasters.

Knowing the ins and outs of your policy will save you from unexpected surprises when the time comes to utilize your policy. For coverage details and pricing, call upon the top rated home insurance companies in Florida, Fearnow Insurance, Inc. Contact us today to learn more.

Calculating Insurance Premium Rates

You pay your auto insurance rate without question because it’s required of you in order to legally drive your vehicle. But have you ever wondered what structure determines that price? In addition to the coverage options, limits, and deductibles you choose, certain elements outweigh others when it comes time to calculate your rate.

Although insurance providers differ on what exactly they use to determine your rate, these categories generally influence your auto insurance premium the most:

Driving Record: The better your driving record, the lower your rate. If you’ve had accidents or any traffic violations, it’s likely you’ll see your premium rise. Being a new driver can cause a higher rate as well, but it will eventually drop as long as your record stays clean.

Gender, Age and Marital Status:  Women tend to get into fewer and less serious accidents than men, so they generally pay less for auto insurance. It’s typically believed that age brings experience behind the wheel, so drivers receive higher rates until they turn 25. Statistics also show that married drivers are less likely to get in an accident than single drivers. However, a driver can negate these factors with a great driving record.

Location: If you live in an urban area with high levels of traffic where accidents, theft, and vandalism are more likely, this can affect your auto insurance rate.

Other factors that affect your rate to a lesser extent but are still important parts of the equation are the make and model of your car, your credit-based insurance score, how you intend to use your car (frequency, distance, etc.), and poor insurance history.

Our team of auto insurance carriers in Florida will crunch the numbers and find the best deal for you. Contact our independent insurance agents today for more information.


Understanding Your Life Insurance Policy

We all know we need it, but the topic of life insurance isn’t a favorable one. No one wants to discuss their own mortality. It’s a sobering subject. However, it’s important for the loved ones you leave behind that you do have a solid insurance plan in place for when that inevitable time does come.

Your life insurance policy is an important financial asset for your loved ones. Not only will it cover the costs of funeral and burial expenses, but depending on your particular policy, it can also provide funds to your dependents to help sustain them in the future.

Similar to auto and health insurance, life insurance has its own set of rules and regulations. It’s best to discuss the details with your immediate family so that everyone understands the terms and conditions of your policy before the time comes to use it.

Here’s a brief overview of some life insurance terms you need to know:
* The beneficiary is the person who will receive the proceeds from your life insurance policy.
* The death benefit is the sum of money your beneficiaries are entitled to upon your death.
* Term life insurance coverage is often the most affordable option to purchase because it only provides a death benefit during a set number of years, usually 20 or 30.
* Whole life insurance offers fixed premium amounts for the life of the policy and a set minimum death benefit.
* Universal life insurance is a life insurance policy with variable premium amounts based on an individual’s cost to insure.

Paying the high costs of one’s final expenses, which today can average more than $10,000, is a huge burden for families. Be prepared with the appropriate life insurance policy for you and your family. No matter what form of life insurance you are considering, our Florida independent insurance agents are here to find you affordable coverage that meets your needs. Contact us today.

Protect Your Church with the Right Insurance Coverage

Christian church in floridaChurches are important establishments within our communities, so they need to be protected. Fearnow Insurance can match you with the right insurance for your church to ensure that the building, staff, and congregation are covered in the event of an emergency.

What Does Church Insurance Cover?

Church insurance in Florida covers a wide variety of things depending on your needs. The church often runs many activities outside of your normal Sunday mass, so you need to be covered for anything that could happen.

  • Abuse Liability Coverage – This type of coverage is necessary for any institution that works with children. This is, unfortunately, an essential facet of church insurance, but you can prevent incidents by ensuring that children are never alone with an adult staff member, and provide abuse prevention training to all staff.
  • Property Coverage – Unfortunately, churches are often victims of vandalism and theft. Because they are non-profit organizations, the donations you receive from the congregation are barely enough to cover essential church maintenance, so you’ll want to be covered if property is stolen or vandalized.
  • Group Health Insurance – Group health enables you to provide healthcare benefits to staff at the church.

Many More Coverage Options

As a Christian-owned independent insurance company, we believe that our ministry is to help the ministry. We offer a wide range of coverage options to churches in the area, beyond the coverage types we discussed in the blog. Contact our independent insurance agents today to talk about your church coverage options.

Why Flood Insurance is so Important in Florida

a beach in Florida during a hurricane Homeowners Insurance is Important . . . It provides you with peace of mind in the event of a natural disaster or other occurrences that can cause damage to your home. Home repairs can be a massive financial setback if you haven’t purchased homeowners insurance. There are many types of homeowners insurance, so it can be difficult to determine what you need. In Florida, it’s important to ensure that the homeowners insurance you choose covers you for floods.

Special Protection During Hurricane Season

Having flood insurance in Florida is absolutely essential. You know as well as we do that hurricane season can be terrifying for homeowners. When you insure your home against floods, you know that you can get your home repaired and move on with your life without worrying about outrageous repair costs.

Protect what’s Important with Fearnow Insurance

Our insurance company in Seffner, FL can help you find homeowner’s insurance that fits your needs. We can help you secure your family’s future by matching you up with affordable coverage that can protect your finances in the event of a hurricane and flash flooding or any other natural disaster that can harm your residence. Contact our independent insurance agents today for a free quote.

Why Should I Get Homeowners Insurance?

two hands holding a tiny model homeYour home is probably the most valuable asset you own, and if anything happens to it you could end up with some serious financial problems. That’s why homeowners insurance is so important, and in some cases a requirement.

Protect Your Investment

The most important reason to get home insurance is to simply protect your investment. Homes are expensive, and you could be paying off your mortgage for decades, so the last thing you want is for something unexpected to damage your home. Home insurance provides a financial safety net for you in the case of natural disasters, vandalism, and anything else that could severely damage your home.

You May Be Required To Get Home Insurance

When you take out a mortgage, your lenders may require you to get homeowners insurance. Remember, the lender is making an investment as well, and if you home is damaged or destroyed they may not be able to collect their payments.

By law, your lender may purchase homeowners insurance for you and simply charge you the cost. Be wary, however. The insurance that your lender buys may not be the most affordable coverage for you. It’s best to try and purchase insurance on your own.

More Than Just Your Home

Homeowners insurance covers a lot more than just damage to your home. It can also cover structures attached to your home like a garage or fence, personal belongings like furniture, your guests, and additional living expenses that may occur if you cannot live in your home after a disaster like a fire or flood.

Fearnow Insurance, Inc. can help you find the top rated home insurance companies in Florida. Contact our independent insurance agents today for more information.

What to Do if You’re in an Accident with an Uninsured Driver

car crash in an intersection with car owners standing nearbyCar accidents happen all the time, but in most cases insurance will cover the damage and pay for any necessary medical treatment. But what happens if you are involved in a crash with an uninsured or underinsured driver?

First, Address Your Current Situation

Any time you are involved in a crash, the first thing you should do is ensure your safety. If there is minor damage, and you are able to move your vehicle, drive onto the shoulder away from traffic. Do not attempt to move anyone who is seriously injured. Next, call 911 so that a police report can be filed. Do not admit fault under any circumstances. Take photos of your vehicle for later reference.

Then, contact your insurance company and provide them with the necessary information.


When you get into a crash with an uninsured driver, you will have to use your own insurance to cover the damages. This can cause your rates to go up, and if you’re over your deductible in damages it could mean some serious costs. UIM (uninsured driver insurance) is a way to protect yourself from this situation. UIM is additional insurance that protects you when the uninsured driver is found to be at fault for the accident. You can also get a similar type of coverage for underinsured drivers.

File a Lawsuit

If the other driver was at fault for the accident, you also have the option to file a lawsuit against them. If you live in a no-fault state, however, this is most likely not an option. If you live in a no-fault state, each driver must use their own insurance to cover damage to their vehicles.

Get matched up with the best auto insurance carriers in Florida when you work with Fearnow Insurance. We use state-of-the-art technology to find coverage that fits your needs.

Parents – What Type of Life Insurance Do You Need?

young family reading togetherIf you have a family, you’ve probably considered getting life insurance. You want to know that your family will be taken care of if something were to happen to you. But there are so many options out there that it can be difficult to decide exactly the type of insurance coverage you need. Depending on what type of parent you are, you should get a specific policy that meets your needs.

Sole Provider

In single-income homes, life insurance is one of the most important ways you can ensure that your family will be provided for financially if the sole provider should pass. If you are the only source of income in your household, you should look into term life insurance. This type of life insurance can cover your working years and provide your family with an income replacement so that they continue paying for necessities.

Stay-at-home Parent

Stay-at-home parents should also look into term life insurance. Term life insurance can be adapted to cover the years that your children are too young to take care of themselves. This way, you can ensure a comfortable future for your children.

Parent of a Special-Needs Child

Special-Needs or chronically ill children need a safety net if anything happens to their primary caregivers: their parents. In this case, you should consider permanent life insurance. Permanent life insurance will provide an immediate payout, no matter when you pass. This way, your child’s medical expenses will be covered.

Divorced Parent

Even though you are divorced, you still want to provide a future for your children. We recommend going with term life insurance, so that your child support payments are covered in the event that you pass before your child turns 18.

No matter what form of life insurance you are considering, our Florida independent insurance agents are here to find you affordable coverage that meets your unique needs. Contact Fearnow Insurance today to speak with an agent about your life insurance options.

Welcome to the Fearnow Insurance Blog

fearnow insurance logoImagine having the technology to search through top-rated insurance companies in order to find your ideal rates and coverage options. That’s what you’ll get when you work with Fearnow Insurance. When you need to insure you vehicle, home, business, family, or even your church, our independent insurance agents are here for you. With more than 23 years of experience in the insurance industry, we can properly assess your needs and find the right coverage for you, no matter what type of insurance you need.

In this blog we will discuss various topics related to insurance that you may find helpful when deciding to get insurance, or when switching providers. From deciding whether or not to get life insurance to what to do when you get into an accident with an uninsured driver, we will cover all of the insurance topics that you are interested in.

Who choose Fearnow over other Florida insurance companies? We work hard to make sure that you have the coverage you need, from providers that have your best interests at heart. At the end of the day, our goal is to protect the things that matter to you, not to drain your bank account with high insurance premiums. When you need affordable insurance for the things that matter most, choose Fearnow Insurance, Inc. Contact us today for a quote.