Insureds Living in Flood Zones Must Meet Higher Building Code Standards

Insureds Living in Flood Zones Must Meet Higher Building Code Standards

Since the devastating storm that hit the panhandle back in October of last year, homeowners are facing stricter rebuilding standards after this powerful storm. Bay County residents living in floodplains must now meet higher code standards and also must raise their foundations. Trueway Insurance has all the latest information regarding this newest update. We will keep you in the loop of flood zone information including affordable insurance in Lake Worth.

 

Stricter Building Standards

As stated, Bay County homeowners living in floodplains must meet code standards. Individuals are instructed to raise their foundations if their hurricane damage repair costs exceed a certain threshold.

 

There are many homeowners that are unaware this is happening, which is alarming. The country has received calls from the residents residing in the floodplains that state they did not know they did not meet the stricter regulations. This is almost too late before they can get building permits to repair damage from Hurricane Michael. Officials state the extra regulations are needed so homeowners can keep access to relatively cheap federal flood insurance. If residents do not comply, affordable insurance may no longer be an option.

 

Attention Flood Zone Residents

There are roughly 104,000 people who live in the floodplains. Of this number, there is a good portion of them are in the dark when it comes to these new regulations. The county wants the public to be aware of this. They want them to be informed in order to avoid strife and delays in their repairs down the road. If the public is informed, they also get the chance to work with their insurance companies and receive the benefits they need.

 

The regulations on rebuilding will not apply to every floodplain homeowner, though. Any home reconstruction, rehabilitation, addition, or other improvements must meet the regulations only if the work equals or exceeds 50 percent of the building’s market value. Once the cost threshold is reached, the homes must meet the same standards as a new building, which typically means building up to current codes and raising the foundation to or above the base flood elevation.

 

Are you wondering who is behind these regulations? These are required by the Federal Emergency Management Agency’s National Flood Insurance Program. Since 1981, the county has participated in the program, aimed at making federal flood insurance available to homeowners living in floodplains. Without federal flood insurance, residents would only have access to private flood insurance options, which can be much more expensive.

 

Call Us Today

Trueway Insurance is an insurance company located in Lake Worth. We offer affordable insurance for home, car, among others. This includes those living in a flood zone. We are here to provide quality for our customers because we believe in the power that insurance can have in any person’s life. If you are interested in learning more about what we can do for you or you have further questions regarding notaries and how they play a part in the insurance process, contact us at TrueWay Insurance today.

What to Consider When Comparing Home Insurance Companies

What to Consider When Comparing Home Insurance Companies

There is an abundance of home insurance companies, and Trueway Insurance in Lake Worth knows it is important to know how to select the right one for you. As an affordable insurance company, we value bringing our clients transparency as well as quality service. That is why we strive to educate our customers about insurance and how to select the right policy for them.

 

Rating & Reputation of Home Insurance Companies

 

The insurance company that you select is going to be the one that you rely on when something goes wrong. If you pick the wrong company or you select one that does not have a good reputation of helping its clients, you will be left vulnerable at an already difficult time in your life. This is why it is so important to do your research and look up ratings and reviews of the companies you are considering. You can find these both from actual customers and from legitimate agencies who dedicate themselves to evaluating insurance companies. Be sure to look at both to get the most accurate picture of how the insurance company will serve you.

 

Modernity

 

The fact of the matter is that we conduct most of our business online now. In the past, we might have taken the time to go to an insurance office to speak to an agent about policies and discuss claims, but that is not the way it is anymore. While some companies have adapted to this fact, not all of them have. If accessibility is important to you and you want to be able to conduct your claims and other business online, be sure to find a company that invests in this. Check out their website for functionality and see how easy it is to navigate. Chances are good that if the website seems clunky and outdated, they are not a company that will be readily accessible.

 

Payment Options

Some companies will allow you to pay your premium off in installments. Some will require a down payment along with monthly payments while others will only allow quarterly payment installments. Others will not have payment installments at all and will require your premium in one lump sum. Depending on what your preference is, be sure to ask those questions before you commit to any policy. You do not want to be left paying for something you were not anticipating, especially when it is something as costly as an insurance premium.

 

Multiple Policies & Bundling

 

Some insurance companies will only offer one type of insurance. This may not appeal to you if you are in need of multiple different kinds of insurance. For instance, if you are in the market for both car and home insurance, you would benefit from selecting the same insurance companies for both of these policies. The reason behind this is that many affordable insurance companies who offer more than one type of insurance often offer bundling discounts. This allows the customer to save money and hassle because they are able to direct their monthly payments to one single company.

 

Contact Us

Trueway Insurance is one of the top home insurance companies in Lake Worth. We offer affordable insurance for both car and home. If you are interested in learning more about what we can offer you, contact us today.

What Does A Notary Public Do And Do I Need One?

What Does A Notary Public Do And Do I Need One?

A notary public is an important part of any legal process. Trueway Insurance in Lake Worth knows how valuable a notary can be to the insurance process. They can verify an array of documents that are critical to processing claims, and they can prevent misunderstandings from occurring. We offer affordable insurance for car, home, and others and we understand the the value that a notary can bring. If you are interested in learning more about what we can offer you or you have further questions about how notary publics play a part in the insurance process, contact us at Trueway Insurance today.

 

What is a Notary Public?

 

A notary public is someone who acts as an official witness to the signing of a document. The notary’s job is to make sure that the document–or documents– are being signed freely and willingly as well as to make sure that the people who are signing it are who they say they are. In most cases, the document must be signed in the presence of the notary in order to be notarized. In some cases, it can be signed beforehand and then brought to the notary by the person who signed it. It is at that point when the notary will acknowledge that the person signed it.

 

Given the formality that goes into getting a document notarized, why is it then that the document needs to be notarized to begin with? The answer to this lies in the person or entity that requests the document. Typically, documents are requested to be notarized when there needs to be an added level of trust to the document. Notarization essentially makes it so that the document was executed in such a way that it is binding for the people whose names are in it. When a document is notarized, it says that the people who signed it were willing to do what the document says they will do and there is evidence to back that up.

 

Why Do I Need One?

 

Notaries provide legal verification for documents that have to be submitted for formal purposes. Technically, what they do is not notarize documents but signatures. For many documents, notaries employ seals in order to emphasize their approval. While this used to be the case on all documents, this is rarely the case now. In fact, often, really only real estate transactions carry notarized signatures along with notary stamps.

 

Do You Need Affordable Insurance? Contact Us

 

Trueway Insurance is an insurance company located in Lake Worth. We offer affordable insurance for home, car, among others. We are here to provide quality for our customers because we believe in the power that insurance can have in any person’s life. If you are interested in learning more about what we can do for you or you have further questions regarding notaries and how they play a part in the insurance process, contact us at Trueway Insurance today.

Does Affordable Car Insurance Mean Less Personal Injury Coverage?

Does Affordable Car Insurance Mean Less Personal Injury Coverage?

Auto insurance coverage can be a difficult thing to navigate, and it’s important to inform yourself so that you can choose the best option for your unique situation. A common misconception is that the amount of money you pay in insurance is directly correlated with the quality of coverage you receive. A lot of car owners may be thinking- exactly how much auto insurance coverage do I need? There are generally several different sorts of coverage offered by an auto insurance policy. This is why it’s important to inform yourself in order to make the best choices. Trueway Insurance in Palm Springs offers quality personal injury coverage to protect yourself, your vehicle and your passengers with affordable insurance for every budget. Call us today to schedule a consultation!

Kinds of Coverage Your Coverage Can Include

The type and amount of car insurance coverage you end up deciding on needs to meet both your individual needs as well as the laws of your state. There are several principal kinds of coverage that your policy will typically include. One kind of coverage is Liability For Bodily Injury. Every state has different minimum coverage laws for bodily injuries, and some are as low as $10,000 per person or $20,000 per accident, while most auto policies cap it at a maximum of $300,000 to $500,000 per accident when it comes to Liability. You should remember that if someone is injured due to your driving, you could be sued for large sums of money, which means that the amount of Liability coverage you purchase needs to be high enough to shield your assets if such an accident occurs. The more assets you hold, the more you could possibly lose in a court case, especially with punitive damages, so you should keep in mind how much money you stand to lose when it comes to Liability insurance.

Personal Injury Coverage For Every Budget

Comprehensive insurance coverage should be kept in mind, as this is the insurance that will protect your vehicle in cases that an accident did not occur. If your car is damaged but no collision has occurred, such as in the case of fire, theft, or vandalism, Comprehensive coverage will compensate you. This type of coverage is usually sold as a package deal with Collision coverage as Physical Damage Coverage. We at Trueway Insurance offer affordable insurance for a range of budgets so that you are able to choose the type of coverage you want and evaluate the amount that you think you need. Remember- as noted above, the higher the amount of assets you own, the more you stand to lose, so you should keep in mind the amount that you will need for your specific situation. Several states such as Florida makes Personal Injury Protection, or “No-fault” coverage mandatory. This coverage will compensate any medical costs and those of your passengers who were injured in the case of an accident, no matter if you were responsible for the accident or not. There are many different limits depending on state, and you should know if the state you currently drive in requires this type of insurance.

Contact Us Today

It’s essential to inform yourself about the kind of personal injury coverage your specific situation requires in order to make the best choices and not overpay for auto insurance. Trueway Insurance in Palm Springs offers affordable insurance choices for every kind of budget. Call us today to schedule an initial consultation!

5 Factors to Look For When Searching For Home Insurance Quotes Online

5 Factors to Look For When Searching For Home Insurance Quotes Online

Home insurance is necessary for homeowners everywhere. When it comes to home insurance policy shopping, there are just a few things to keep in mind. As purchasing a home is one of the largest financial decisions you will have to make, it’s good to be informed when looking at home insurance quotes to protect your investment. Trueway Insurance is a top insurance provider in Palm Springs offering comprehensive and affordable insurance policies for any budget. We pride ourselves on our customer service and offer some of the best insurance prices in South Florida. Call us today for a free initial consultation!

 

What To Look For When Looking at Home Insurance Policies

 

When looking around online for home insurance, you may think that price is the only factor and go for the cheapest option, or perhaps not be thorough in your examination of the policy itself as well as the evaluation of your current situation. There are just a few thing things to consider when shopping for home insurance, as it is always good to be informed in order to make the best decision for your specific situation. Firstly, you should consider the location of your home when determining how much you should pay for home insurance. If you are in the market for purchasing a house, you should keep in mind that where your house is located can have an impact on how much you pay for home insurance. For example, if the house is located in the same area as volunteer firefighters, or the closest fire station is over 5 miles away, rates may be significantly higher. Your insurance premiums may also be higher if the house is in a geographical location that is more prone to natural disasters such as hurricanes or wildfires. There are also other regional factors that can affect your insurance rates, such as the crime rate of the area as well as the general building costs in the area.

 

When shopping for home insurance, you should know the costs that are involved. When purchasing a policy, you will want to have the house insured for its replacement cost, not its market value. The amount a buyer pays for the home is the market value, while the replacement cost is what expenses are needed to repair or rebuild the entire home, including the costs that may be necessary to transport the materials to the site, as well as other factors such as inflation being taken into account. As you start to build your policy, you will need to set homeowners insurance deductibles. The deductible on your policy is how much you’d pay out of pocket on a claim. If you choose a higher deductible, your monthly premium may be lower, but if you file a claim, you will need to pay more out of pocket.

 

Things You Should Know When Shopping for Home Insurance Quotes

 

When looking for practical and affordable insurance quotes, you should know your property well. This means that you should obtain a claims history report from the seller detailing any previous damage to the home, such as flooding, fires, and other incidents. This report can let you know about any of the home’s frailties that could increase your premiums, or even make it difficult for you to get insurance. Lastly, when it comes to selecting home insurance coverages and receiving your quote, it is essential to be honest. Providing the proper information helps your insurance company provide more reliable protection and a more accurate quote. If you provide incorrect information, you could not only end up with an inaccurate quote, but the insurer may end up canceling your policy.

 

Contact Us today

 

There are just a few considerations to keep in mind when shopping for home insurance quotes in order to get the right policy for your situation. Trueway Insurance in Palm Springs provides affordable insurance for every budget. Call us today for a consultation!

Why Car Insurance From Trueway Insurance is The Way To Go!

Why Car Insurance From Trueway Insurance is The Way To Go!

Having affordable insurance for your car is extremely important to ensure that you and your vehicle are adequately protected in the event that you’re ever in an accident. One of the best ways to make sure you are getting the best coverage for your money is by getting an auto insurance quote from multiple insurance providers. Doing this will give you the peace of mind that you are making the best decision about who should represent you and your car. If you’re in the Lake Worth area, TrueWay Insurance is your best option. They will take the time to get to know you and your driving history to make sure the policy they provide you is tailored to your specific needs. They understand that every driver is different and they all need different things to remain safe on the road.

 

Why Affordable Insurance Is Important

In order to properly understand what your auto insurance quote and insurance mean you need to know that car insurance isn’t really about protecting your car. Its main purpose is to protect you in case you’re in an accident. The policy is in place to protect you from financial ruin as well as legal trouble.

 

Every state in the country has laws stating that if you’re in an accident and you cause damage to any property you become liable for all expenses. Not having car insurance is also against the law, so you need to make sure that you find the best coverage at the best rate.

 

When it comes to car insurance, there are a number of different types of policies to choose from. Understanding what each of them means is essential to picking the right type of coverage

Liability Insurance: This provides coverage if you hurt another person in an accident or cause any type of property damage. When it comes to auto insurance, the liability limits are split between bodily injury and property damage. This way the policy has money to cover both instances in case both happen. Almost every state that requires car insurances requires you to have a minimum amount of liability coverage. However, it’s probably a good idea to get more liability coverage than is legally required.

Personal Injury Protection: This coverage will protect you if you or someone in your car is injured in an accident. If you have health insurance, this is additional coverage that you can opt out of because your healthcare insurance would pay for your injuries and your passenger’s healthcare would pay for theirs. On the other hand, it may be a good idea to look into adding this coverage because it could also pay any lost wages from your job if you’re unable to return to work after an accident.

Collision: This will help repair or replace your vehicle if you’re involved in an accident. This type of insurance usually isn’t required by law, but it is critical if you don’t have cash readily available to replace or repair your car.

Comprehensive Coverage: This will cover damages done to your car if something other than another vehicle causes them. This type of insurance will protect you from theft, vandalism, or weather.

 

Contact Us

TrueWay is a leading insurance provider in the Lake Worth area. We are here to help our customers obtain affordable insurance. If you’re tired of getting an auto insurance quote from multiple providers, call or visit us today for more information.