If you’re a truck driver, you know that having trucking insurance is not only important but required by law. But what happens if you don’t have trucking insurance? Our experts at Atlantis Insurance Inc. West Palm Beach, FL can assist you with this important insurance coverage.
Here are some of the risks you face if you choose to operate without this coverage:
You Could Be Fined by the DOT
If you’re caught driving without trucking insurance, you could be fined by the Department of Transportation (DOT). The DOT takes uninsured trucks very seriously, and they have the authority to put your company out of business if they catch you operating without the proper coverage.
Your Cargo Could Be at Risk
If your cargo is damaged or stolen while in transit, you could be held financially responsible if you don’t have trucking insurance. This is because cargo insurance is not required by law, but most shippers will not do business with carriers who don’t carry this type of coverage. As a result, if something happens to your cargo and you don’t have insurance, you will have to pay for the damages out of your own pocket.
You Could Lose Your License
In addition to being fined by the DOT, you could also lose your commercial driver’s license (CDL) if you are caught driving without trucking insurance. Depending on the state where you are caught, your CDL could be suspended for a period of time or even permanently revoked. Losing your CDL would mean losing your livelihood, so it’s definitely not something to take lightly.
You Could Go Out of Business
Perhaps the biggest risk of all is that you could go out of business entirely if something happens and you don’t have trucking insurance. This is because one major accident could easily bankrupt an uninsured carrier. If this happens, not only will you lose your income, but everyone who depends on your company for their livelihood will be out of a job as well.
Get Trucking Insurance Today
The risks of not having trucking insurance are simply too great to justify operating without this vital coverage. Contact Atlantis Insurance Inc. in West Palm Beach, FL today to get the trucking insurance you need to protect yourself, your cargo, and your business.
Many people try to save as much money as they possibly can. They look at where they are spending money and look for ways to cut back. One thing that they may be thinking about is getting rid of their automobile insurance. However, that could be a big mistake. Consult with us at Atlantis Insurance Inc. in West Palm Beach, FL to learn more about your options.
Here are some reasons that you need to have auto insurance:
It is the law
Most states require you to have some sort of auto insurance before you get behind the wheel. If you get pulled over without insurance, you could be in trouble.
If you are at fault, it will help pay for the damage to their vehicle, as well as their medical bills
Since most people are unable to pay for vehicle damages and medical bills, your insurance company will pay for you.
It will also pay for property damage
If you damage a fence or shed, your insurance will help to cover these costs.
If you aren’t at fault, you want to hope that the other person has insurance
You are going to rely on their insurance company to cover the damage to your vehicle, as well as your medical bills.
Your lender may require it
Many lenders want to make sure that they are protected, so they require a certain amount of insurance for a vehicle. They just want to make sure that it will be fixed if something happens.
You should have insurance because your state requires it. Your lender may also require it. However, it can also save you from expensive bills if you are at fault for an accident.
Give Us A Call
If you want to make sure that you are fully protected, don’t hesitate to contact us today at Atlantis Insurance Inc. in West Palm Beach, FL.
When you own a business in Florida, there are some types of commercial insurance that you may be required to have. It’s important to know about the required commercial insurance policies in Florida so that you know whether you need one to keep operating legally. When you need any type of commercial insurance, call us at Atlantis Insurance Inc. in West Palm Beach, FL to find out more.
Required Commercial Insurance
Workers’ Compensation Insurance
In Florida, it is required that businesses with at least four employees must have workers’ compensation insurance. This is required for part-time as well as full-time workers. If your business is a construction business, you must have this insurance for all employees, even if you have only one. This type of insurance policy will pay for the medical bills that are due after a worker has an injury while working or contracts a work-related illness. This can save your company a lot of money in medical bills, and it often means that there is no reason for an employee to sue for their injuries.
Commercial Auto Insurance
If your business owns a vehicle, state law requires that you have a commercial auto insurance policy on it. This will cover any costs associated with accidents that happen with that vehicle. There are minimum amounts of coverage that you have to have with these policies. There is an amount that is required for property damage liability for an accident and another amount required for personal injury protection. PIP pays for your medical costs after an accident. The amounts required are very low when compared to other states, and it’s generally recommended that you get more coverage than the minimum required amount.
Cover Your Business
When you need commercial insurance for your business, call us at Atlantis Insurance Inc. in West Palm Beach, FL.
When you are a homeowner, it’s important to always have a home insurance policy to protect yourself financially. A home insurance policy contains a number of different types of protection that can all save you from financial problems. If you don’t yet have a home insurance policy, call us now at Atlantis insurance Inc. in West Palm Beach, FL.
Home Insurance: What You Need To Know
Protection for Your House
One of the biggest ways that this coverage protects you is by protecting your investment in your home. Usually a person’s largest investment, a home can be damaged by a number of incidents. These may include occurrences like accidents and certain disasters. When you have this coverage in place, it will pay for the repairs that are needed after the damaging incident happens. Major repairs can be extremely expensive, and having this coverage can save you from financial ruin after a serious incident.
A home policy also gives you protection against the liability you have as a homeowner. When there is a third party on your property who becomes injured there, you are likely to be held responsible for the medical bills for the accident. If you don’t have home insurance, all of those bills must be paid from your own pocket. Make sure that your liability is covered with a home insurance policy.
Protection For Your Items
When you have a home insurance policy, you also have protection for all of your possessions inside it. If a damaging incident happens and your items are ruined, you can have your policy pay for the items to be replaced. With this coverage, you won’t have to cover those costs alone.
Contact Us Today
If you don’t already have coverage, you need to get it as soon as possible. Call us at Atlantis insurance Inc. in West Palm Beach, FL.
When it comes to protecting your boat and your passengers, you can rely on Atlantis Insurance Inc. We are proud to serve the greater West Palm Beach, FL area with all of its insurance needs. If you would like to learn more about the boat insurance policy options available in the area, give us a call today.
Protecting your passenger with comprehensive boat insurance
When it comes to boating, the more the merrier! If you love taking your friends and family out on the water, it’s important that you can provide the protection they need. With a comprehensive boat policy, you will have the liability and medical expense coverage that you need.
Sitting down with a local agent is the best way to determine if you have the right coverage and also determine which level is appropriate for your needs. Without adequate coverage, you can be held liable for injuries or losses that occur on your boat. When you have the right coverage in place, you can enjoy your boat with the peace of mind that comes with knowing you and your passengers are protected.
Having the right insurance is an important part of boat ownership, and now is a perfect time to review your options. Don’t get caught without adequate protection. With the right boat insurance coverage, you can enjoy your boat now and for many years to come!
Call or stop by today!
Atlantis Insurance Inc. is the insurance agency that residents in the greater West Palm Beach, FL area rely on. If you’re unsure if your current policy provides the protection you need, or if you’re purchasing a boat, we can help you find the right policy. Come by our office or give us a call today!
Anyone who lives in a state that participates in the National Flood Insurance Program is eligible for flood insurance. Fortunately, most US states participate in the NFIP. Of course, areas like Florida, which are considered flood zones, are definitely eligible for this type of coverage. In fact, it’s possible to purchase flood insurance from private insurance companies as well as from the FEMA program.
Flood Insurance for Florida Residents
Florida is a state that participates in the NFIP and is also considered a flood zone. How much you pay for flood insurance depends on your area or zone. If you live in a higher flood risk zone, you may pay more than someone who lives in a lower-risk flood zone. However, other factors may affect how much you pay for flood insurance. FEMA has an extensive map that outlines flood zones. Also, there may also be other maps that provide this information as well.
Atlantis Insurance Inc. of West Palm Beach, FL is committed to educating customers on the ABCs of flood insurance and how it works. Plus, Florida has many private insurance companies that provide flood insurance for Florida residents. Residents can choose between participating in the flood insurance program with the NFIP or acquiring flood insurance from a private company.
What Does Flood Insurance Cover?
The standard NFIP policy provides up to $250K of property/home damage coverage for Florida residents. Actual cash value coverage is provided for up to $100K and is designed to cover personal items/belongings. West Palm Beach, FL residents that have questions about flood insurance, should call our team at Atlantis Insurance Inc. We’d be happy to explore your unique situation and discuss flood insurance benefits with you.
If you are considering purchasing a condo or already own one, it is essential to remember that a condominium association governs it. In short, a condominium association is a legal entity of homeowners in a condominium community who work with each other to maintain property values and the aesthetic of the neighborhood. To facilitate, the owners within the condo community elect from their neighbors a board of directors that are responsible for overseeing the day-to-day tasks of the association and enforcing any community rules. Since board members are volunteers that do not receive compensation for their roles, with many maintaining full-time jobs, most condo associations opt to contract a professional management company to assist in daily operations such as collecting dues, contract negotiation, maintenance facilitation, and more. As a resident of a condo association, you will be required to pay dues that contribute towards the cost of running the neighborhood, including maintenance of all common areas such as a pool, sidewalks, elevators, roofs, and shared hallways.
As the condominium owner, you’ll purchase a specialized condo insurance policy that covers your belongings, damage to the interior of the unit – including walls, and liability coverage in case a third party is injured while at your home. Separately, the condo association will maintain its insurance policy – paid for partly by your dues – for all shared areas of the property and the exterior of your unit.
At Atlantis Insurance Inc. in West Palm Beach, FL, our friendly and knowledgeable team of insurance professionals is ready to assist with your condo insurance questions. Call us today to learn more or stop by our conveniently located office for more information.
Owner-operators in West Palm Beach, FL require special truck insurance services and products regardless of whether they are under their own authority or operating under a permanent lease to a motor carrier. At Atlantis Insurance Inc, we understand the difference and are here to help you choose the right trucking insurance to meet the needs of your business and protect your livelihood.
Operating Under a Permanent Lease to a Motor Carrier
It is quite common for a motor carrier to offer primary liability coverage to drivers who are working for them under the conditions of a permanent lease. In general, this will provide coverage for injuries or damage to property or other parties in the event that you are found responsible for an accident.
Depending on your business, you may need additional coverage, such as:
- Non-trucking liability for when you are not under dispatch
- Physical damage coverage to repair or replace your truck following as accident or theft
- Trailer interchange covers trailers that you pull but do not own
Some motor carriers may offer these options, but in most cases, you are better off obtaining them on your own. That way, you will be able to customize your truck insurance policy to the exact amounts and types of coverage to meet your specific needs.
Operating Under Your Own Authority
If you are operating your truck under your own authority, then you will need your own truck insurance policy to include:
- Liability for damages to property or other parties, including property damage and bodily injury liability
- Physical damage for truck repairs following an accident
- Motor truck cargo for damage or loss of the loads you haul
- Motor truck general liability for damages or liabilities not directly related to the use of the truck
If you are an owner-operator in the West Palm Beach, FL area, contact Atlantis Insurance Inc for expert advice about the coverage you need. Give us a call today.
Unfortunately, as many West Palm Beach, FL residents are aware, there are a lot of uninsured drivers on the road in Florida. The team at Atlantis Insurance Inc is here to help you protect yourself from them.
Protect yourself from uninsured drivers today
Many drivers are unaware that if they are involved in an accident with an uninsured driver 100% of the liability can fall to them. This can add bad news to an already sad story if you have been injured in an accident.
We all carry insurance to protect ourselves and others, and it can be very disheartening to learn that not everyone carries that same sense of responsibility. It is up to you to make sure that you have the protection you need. Many auto policies provide protection from uninsured drivers as an add-on. This can make it easy to overlook the coverage when you are selecting your policy.
Choosing the right policy for your needs can be more complex than you first think, but it is worth it to take the time and care to get the coverage that is most appropriate for your needs. Work with your local agent today and make sure that your policy has what you need!
What to learn more? Call Atlantis
Here at Atlantis Insurance Inc, we want to help protect the West Palm Beach, FL community from uninsured drivers. Don’t wait to find out that your current policy doesn’t provide the protection you need. Now is a perfect time to review your auto policy to ensure that you have the coverage you need. Call or stop by our office today and find out more!
Atlantis Insurance Inc. knows that West Palm Beach, FL residents and those in the area love boating across the state’s many lakes and in the ocean. However, capsizing is a common risk and is something that needs to be avoided. Will your boat insurance protect you?
Capsizing is Covered in Most Cases
Capsizing or sinking is a common occurrence for many boats due to rough weather or damage to the boat. In these situations, there’s a good chance that you will be covered. Most boat insurance policies are set up to help people out in this situation and minimize their expenses.
Insurance should pay for things like recovering your boat, repairing it, and even replacing it if it is too damaged to fix up again. In this way, you should get the kind of protection that you need without worrying about losing your investment.
When Capsizing is NOT Covered
Though your boat insurance is likely to cover most capsizing instances, there are a few times when they may not. Most of these issues are pretty rare and include:
- Geographic Exclusion – Your boating policy will have a specific cruising range that it covers. If you go outside this area, you may end up in trouble with a capsized boat and no coverage.
- Named Storm Damage – Sometimes, boating policies link certain times of the year with heavy storms and will not cover you if your boat sinks or capsizes in this situation.
- War and Terrorism – If you take your boat into a high-risk area, like an identified war zone, you may not be covered if it gets damaged or sunk by others.
Some of these situations are pretty easy to avoid. Few people are going to take their boat into a war zone willingly. However, it is essential to know these limitations to avoid problems.
Make Sure You Get Protected
If you’re in this troubling situation and you want to avoid serious problems, talk to us at Atlantis Insurance Inc. right away to learn more. We help many West Palm Beach, FL, boat owners get the protection they need for their boating needs.