post

Why Florida Drivers Need Uninsured Motorist Coverage

Despite the fact that insurance is required, too many Florida drivers go without it. In fact, Florida has the highest rate of uninsured drivers in the nation at 26.7 percent! If an uninsured driver injures you and/or your passengers, you’ll have to pay your own medical expenses, and you know how quickly those can skyrocket. One way to be sure you can protect yourself financially if an uninsured motorist hits you is to carry uninsured motorist coverage.

Uninsured Motorist (UM) basics

First, let’s look at how uninsured motorist coverage protects you—and how it doesn’t.

Uninsured motorist (UM) pays your and your passengers medical bills if you’re in an accident caused by an uninsured driver. In addition, it reimburses you and your passengers for things like pain and suffering, wrongful death, and loss of enjoyment of life. It also covers you if the other driver is under insured—that is, if his or her insurance policy limits don’t cover the extent of the injuries caused by the crash. And it will pay if an uninsured motorist hits you while you’re a pedestrian, or if a hit-and-run driver injures you.

What uninsured motorist does NOT do is pay for damages to your vehicle. You’ll need to carry collision insurance if you need or want your vehicle covered if an uninsured motorist damages it.

UM limits are indicated using two figures, such as 25,000/50,000. The first number is the limit of what the policy will pay per person, the second number is the limit per accident. You can only buy UM if you also purchase bodily injury (BI) liability, and you can’t purchase UM coverage higher than your BI limits.

Stacked vs. non-stacked

There are two types of UM coverage: stacked and non-stacked.

Non-stacked is cheaper to buy, but doesn’t offer as comprehensive coverage as stacked UM does.

Stacked UM provides higher limits and more complete protection. There are two ways in which stacked is more comprehensive than non-stacked.

If you insure more than one vehicle on your policy, the amount you’re able to collect can be “stacked”—that is, the maximum policy limit is multiplied based on the number of vehicles on your policy. So if you have limits of 25,000/50,000 and three vehicles on your policy, you can multiply the 25/50 limits by three, which means limits of $75,000 per person, $150,000 per accident will be available to you and your passengers.

What if you only have one vehicle to insure? Would you still want to carry stacked UM? Possibly. There are several scenarios in which you could be injured by an uninsured motorist where non-stacked insurance would not pay but stacked would. For example:

  • You ride a motorcycle. If you’re injured by an uninsured driver while riding, stacked UM from your auto policy will pay for your injuries. It will also pay for injuries to a passenger riding with you. Non-stacked will not. Stacked UM coverage on a personal auto policy is generally cheaper to buy than UM coverage on a motorcycle policy as well.
  • You are a “snowbird” who keeps one car in Florida and one car at your other home. You’re injured by an uninsured motorist while driving your “up north” car, but you don’t carry UM on that vehicle. You do carry stacked UM on your Florida vehicle—and that coverage will pay for your injuries, even though you were driving a vehicle you own that is not listed on your Florida personal auto policy.
  • You own a pickup truck which you use for business purposes and insure on a separate commercial auto policy, but you’ve chosen not to carry UM coverage on that policy. If you’re injured while driving the truck, and you carry stacked UM on your personal auto policy, it will cover your injuries.

We think UM coverage is important to carry, especially in Florida where so many drivers either have no insurance or don’t carry enough insurance. If you have any questions about uninsured motorist coverage, or anything else on your auto insurance policy, please call your L & M Insurance Group agent at 813-672-4100, or email us. We will be happy to discuss your financial situation to determine what coverage makes sense for you.

post

Distractions and Driving Don’t Mix

We’ve all done it. We hear the telltale ping or ring of our cell phone while driving. Surely it will be OK just to sneak a peek at the screen to see who is trying to reach us? Maybe even answer the phone?

Unfortunately, all too often it’s not OK. Instead of focusing our full attention on the road, we’re driving distracted.


According to the National Highway Traffic Safety Administration (NHTSA), 3,450 people were killed in 2016 in “distraction-affected” crashes—92 percent of all crash fatalities. In 2015, 391,000 people were injured in crashes involving distracted driving.

Using a cell phone while driving increases crash risk, but phones aren’t the only things distracting us on the road. Eating or drinking, interacting with passengers (or pets), adjusting the radio, consulting navigation, and personal grooming (applying makeup, combing hair) all keep our full attention from being on our driving. Distracted driving is driving while doing any activity that takes full attention away from driving, whether it takes our eyes off the road, our hands off the steering wheel, or our minds off our driving. Texting is the worst thing we can do, since it involves all three of those things. Sending or reading a text for even five seconds at 55 miles per hour is like driving the length of a football field with our eyes closed!

Many states already ban hand-held cell phone use and texting. The Florida Legislature is currently considering a bill that would prohibit drivers from texting, reading data, or talking on hand-held devices. Texting while driving is now only enforced as a secondary offense when a driver has been stopped for another infraction.

Whether or not the bill passes, for our safety and the safety of others on the road, we should decide to put aside all distractions and keep our full attention on our driving. We also need to share this information with our teens, some of the worst offenders when it comes to phone use while driving.

So the next time a call or text comes in while you’re driving, do the right thing and keep your hands on the wheel and your eyes on the road until you get to your destination, or you can pull off the road safely to check your phone. We promise we will, too.

L & M Insurance Group is an independent insurance agency. Our staff has been serving eastern Hillsborough County, Tampa, Riverview, Lithia, Valrico, Seffner, Bloomingdale and surrounding areas for more than 25 years. We represent more than 15 quality auto insurance companies, and strive to provide our customers with the best coverage at the most competitive rates. If you need help with your auto insurance, please give us a call at 813-672-4100, or request an insurance quote by clicking here.

Start the Year Right With Insurance Savings

Insurance Savings

Shopping for insurance is no one’s idea of a good time, but here at L & M Insurance Group, we try to make it as simple and painless and cost-effective as possible. We are an all-lines, local independent agency based in Riverview, and we work hard to get you the best insurance savings:

  • Write many different types of insurance, including auto, home, renters, boat, RV, general liability, commercial auto, life, and health.
  • Represent dozens of A-rated insurance companies (including more than 15 different car insurance companies), not just one.
  • Offer “one-stop shopping.” Instead of calling multiple insurance companies for your needs, call us! We’ll do the comparison shopping for you.
  • Represent YOU. We’ll help you understand your insurance needs, help you through the claims process, and treat you like a person, not a policy number. After all, this is our community and you are our neighbors!

Insurance Savings for the New Year

Our goal is always to find you the right insurance plan for your needs at the most affordable price, and in many cases, we’re able to save our clients hundreds of dollars per year while also improving their coverage. Our staff has been serving Riverview, Brandon, Lithia, Valrico, Bloomingdale, and surrounding areas for 25 years, and we’d love to serve you!

Please call us at 813-672-4100 if you have any questions about your insurance, or if you’d like a quote. If you prefer, click here for an auto quote, or here for a homeowners quote. For general inquiries, click here.

As 2018 winds down, L & M Insurance Group would like to thank you for letting us serve you. Have a happy and safe New Year!

post

Four Ways You Can Drive More Safely on Florida’s Roads

 

Challenges to Safe Driving in Florida

While Floridians don’t have to cope with driving in extreme winter weather the way other parts of the country do, just like everywhere else, we do have challenges to safe driving. Challenges like distractions, traffic, construction, and yes, weather (think driving home from work in the pouring rain!). Since one of the best ways to lower your car insurance premiums is to keep your driving record clean, here are four ways you can drive more safely Florida’s roads.

 

Watch out for weather conditions

We may not get snow, but we do get rain, fog, and even sometimes smoke. Whenever visibility is reduced, slow down and make sure your low beams are on (high beams can reflect back and further impair your ability to see). Unless it’s unsafe, try to drive with the flow of traffic and avoid changing lanes. (Click here for tips on safe driving in the rain.) Don’t drive with your hazard lights on.

 

Don’t stop on the road. If you must stop, after signaling, pull safely as far off the road as possible. Then you may put on your hazard lights.

 

Ditch the distractions

While you’re behind the wheel, put your phone away, turn off the radio if it’s distracting you, and avoid having animated and engrossing conversations—save those for when you’re safely at your destination. Try not to let anything distract you from your driving. It only takes a moment of inattention to cause an accident.

 

Maintain your vehicle

Proper maintenance will help you avoid breakdowns or equipment failures, both of which might cause an accident. Click here for car maintenance tips.

 

Drive defensively

We know you’re a good driver, but what about everyone else on the road? We share the road with other drivers, bicyclists, motorcycles, and even pedestrians, some of whom are distracted or drive recklessly. Drivers who speed, change lanes abruptly, or drive much slower than the flow of traffic create a dangerous environment. Slow down and change lanes to allow reckless drivers to pass, or stay a safe distance away from them. Watch for pedestrians, bicycles, and motorcycles. Also be sure to move over a lane when passing emergency vehicles or an accident at the side of the road.

 

Two areas of special concern are construction zones and areas where there are children. In construction zones, follow posted speed limits, and watch for debris in the road—change lanes if possible to avoid running over it. Also be mindful of workers in the area who may be near traffic or need to cross the road.

 

Where children are present, such as in school zones or near parks, use extra caution. Children are unpredictable and can be hard to see. Slow down and be prepared to stop. (And click here for back-to-school safe driving tips.)

 

And we don’t need to remind you to use your turn signal when preparing to turn, do we?

 

Follow these tips to drive safely, keep your driving record clean, and reduce your car insurance premium. If you have any questions about insurance, or you need a quote, please call L & M Insurance Group at 813-672-4100, or contact us online.

post

Affordable Auto insurance for Your Teen Driver

Your teenager just got his driver’s license. How exciting—and how expensive!

 

Why your insurance rates go up when you add a teenage driver

There’s no way around it. Teen drivers do cause the family’s auto insurance premiums to go up, because statistically immature drivers are at higher risk for accidents. Teen drivers aged 16-19 are three times more likely to be in a crash than drivers aged 20 or older. The good news is L & M Insurance Group is here to help you protect your financial assets and make the most cost-effective auto insurance choices possible.

 

How to make auto insurance more affordable when you add a teen driver

Here are some ways to make adding your teen driver to your auto insurance more affordable while still keeping your financial assets protected:

  • First, if you haven’t already added your teenager as a driver on your auto insurance policy, do so now. If you don’t and he or she is in an accident, you may not be covered.
  • If you’re buying a car for your teen driver, choose wisely to avoid the most expensive premiums. Save on premiums by choosing a safe vehicle that’s not too expensive or sporty.
  • It’s almost always more cost effective to add your teen’s car to your family’s auto insurance policy so that you benefit from discounts like multi-car and homeowner’s. Another benefit is that your teen will be covered if he or she needs to drive another of the family’s vehicles.
  • Emphasize safety rules with your teen driver. The best way to keep insurance costs down is for everyone to maintain clean driving records. If your teen driver is also a safe driver, your premiums should eventually decrease.
  • Ask your insurance agent about all available discounts, including those for safety features, good student discounts, and for taking a recognized driver’s education course.
  • Make sure you have adequate liability coverage. That may seem counterintuitive, but insurance premiums are never as expensive as being sued! If your teen driver is at fault in an accident where someone is injured and your policy doesn’t have bodily injury coverage, you’ll be required to carry an SR-22. And if you only carry the state minimum, that may not be enough to protect you from a lawsuit. Depending on your assets, once your teen starts driving, you may want to carry higher liability limits, or even an umbrella policy. Your L & M Insurance Group agent should be able to help you understand and adjust your needs for liability insurance.

Why parents choose L&M Insurance Group to insure their new teenage drivers

L & M Insurance Group is an independent insurance agency, and we represent more than 15 auto insurance companies. Let us find the most cost-effective auto insurance policy for you and your teen driver. Call us at 813-672-4100 or email us for a free, no-obligation quote. Our staff has been serving Riverview, Brandon, Lithia, Valrico, Bloomingdale, and surrounding areas for 25 years, and we’d love to serve you!

Insurance Coverage Options for Uber and Lyft Drivers

Insurance for Uber and Lyft Drivers

What Auto Insurance Coverage do Uber and Lyft Drivers Need

Thinking of making a little side income by becoming a rideshare driver* for Uber or Lyft? Before you sign up, make sure you’ve got insurance coverage. Will your personal auto policy be enough? Or do you need a commercial auto policy?

 

A typical personal auto policy only covers you for personal use, not when you’re using your vehicle for commercial purposes, as you would as a rideshare driver. However, since you only occasionally use your vehicle for commercial purposes, you probably don’t want or need a commercial auto policy. The company you work for will likely carry some coverage, but you’ll still need to carry coverage to protect your liability and your vehicle when you’re driving for them. What should you do?

 

Auto Insurance Endorsements for Uber and Lyft Rideshare Drivers

We’re happy to say that insurance companies have seen the need for endorsements that reflect the needs of rideshare drivers. Give L & M Insurance Group a call at 813-672-4100 to discuss your options.

Commercial Auto Insurance versus Insurance Endorsements

Remember, if you use your vehicle for your job—if you’re a realtor, an outside salesperson, or a professional construction worker, for example—you will need a commercial auto policy. We can help with that, too! Just give us a call, or contact us online for a free, no-obligation quote.

 

*A rideshare driver is an individual who provides taxi-like services to passengers via smart phone app for a Transportation Network Company (TNC), such as Uber or Lyft. Drivers use their own personal vehicles, rather than a limousine or taxi, to carry passengers.

post

If My Garage Burns Down and My Classic Car Is Destroyed, Am I Covered?

What you need to know about Classic Car Insurance in Brandon, Florida

You might think that if your classic car is damaged or destroyed by fire while locked in your garage that your homeowners insurance would cover the loss.

 

Think again. Your homeowners insurance will not cover your classic car, because it doesn’t provide coverage for motor vehicles. The good news? It’s simple to make sure your classic car is covered in the event of a fire or other catastrophic event by purchasing a classic car insurance policy that includes comprehensive coverage.

 

Classic car coverage—your best option

You could simply add your classic car to your conventional car insurance, but it likely will not cover the true value of your classic car. Unlike the car you drive every day, classic cars don’t depreciate over time—often they go up in value. Conventional car insurance covers your car up to actual cash value, but classic car insurance covers your vehicle up to a guaranteed amount agreed upon by you and your classic car insurance company. This amount is determined by appraisal, documentation, and/or consultation with a collectible car value guide such as the Old Cars Report Price Guide or the value guide at www.buyclassiccars.com.

 

What coverage is included in a classic car insurance policy?

While there are a few differences among insurance companies, a basic classic car policy will typically include the same coverage for liability, property damage, comprehensive and collision that a conventional policy does. However, since you don’t drive your classic car every day, you’ll probably pay less for equivalent coverage. Also, classic car policies often include coverage specific to classic cars, such as specialized repair or restoration, or special towing and spare parts. If you don’t plan to drive your classic at all, you may be able to purchase a comprehensive only classic car insurance policy.

 

While there is no single definition of a “classic car,” vehicles that may qualify for classic status include cars that are at least 25 to 30 years old, certain hotrods or modified vehicles, exotic luxury vehicles, muscle cars, or classic trucks. To be eligible for a classic car policy, your classic car cannot be used as a primary vehicle, and your insurance company may restrict the number of miles you can drive it each year. You must also store your classic car in a locked, covered enclosure, such as a garage or storage unit.

 

Get Started on Your Classic Car Insurance Policy with L&M Insurance Group in Brandon, Florida

If you need a classic car policy, please give L & M Insurance Group a call at 813-672-4100 or contact us online. We’re happy to answer any questions you have about covering your classic vehicle. We’re a locally-owned, independent agency serving the Tampa Bay area, including Bloomingdale, Sun City Center, Apollo Beach, Brandon, Valrico, and nearby communities, and our agents are experts in finding you the best coverage at a competitive price.

If You Need an FR-44, We Can Help

Florida FR-44 Insurance

If you’re in the difficult position of putting your life back together after a DUI conviction, we can help.

Since 2008, Florida has required that drivers who’ve been convicted of driving under the influence of alcohol or drugs carry an FR-44.

 

What is an FR-44?

An FR-44 is a financial responsibility insurance certificate, similar to an SR-22. You’ll need to carry an FR-44 if you’ve been convicted of driving under the influence of alcohol or drugs. Because of this, you’re considered a “high risk” driver and the state of Florida requires you to show financial responsibility by purchasing a car insurance policy with high limit bodily injury and property damage liability, in this case, limits of 100/300/50 ($100,000 bodily injury per person/$300,000 per accident, plus $50,000 property damage). In most cases, you must carry an FR-44 for three years.
As you can imagine, combining high limits with a driver considered high risk can make this type of coverage costly.

We can help

L & M Insurance Group is an independent agency and we have many quality insurance companies to choose from, including companies who can provide you with an auto insurance policy with the higher limits required for an FR-44 filing at a competitive rate. If you’re in Riverview or one of the surrounding communities such as Lithia, Gibsonton, or Wimauma, please give us a call at 813-672-4100, or contact us for a free, no-obligation quote. We’d love to help you make a difficult situation a little easier.

Need Auto Insurance and Have PIP Claims? L & M Insurance Group Has You Covered!

Multiple PIP claims can hurt your ability to get auto insurance. Florida Low rate auto insurance alternative for FAJUA quotes

Let’s say you’ve been hurt in an auto accident, and the other driver is at fault. Under current Florida requirements, all drivers must carry Personal Injury Protection (PIP) insurance, and even though you weren’t at fault in the accident, in order to have your injuries covered, you make a claim on your PIP. (PIP pays for your injuries if you’re hurt in an accident, no matter who is at fault.) You make the claim and think no more about it.

 

But then later, you may find yourself in a predicament: your auto insurance company non-renews you, and other insurance companies don’t want to insure you. If you have more than one PIP claim, you may find it nearly impossible to get insurance.

 

Why PIP Claims can cost you

 

Unfortunately, PIP claims are associated with insurance fraud: “While PIP premium represents roughly two percent of Florida’s collected insurance premium, this issue accounts for nearly 50 percent of fraud referrals,” according to the Florida Office of Insurance Regulation. Because of the high rate of fraud, many insurance companies now consider clients with PIP claims high risk—even if they were not at fault in an accident. This makes it difficult, if not impossible, for clients with PIP claims on their records to buy car insurance.

Florida Auto Joint Underwriters Association (FAJUA) Low Rate Alternative

Until recently, clients with one or more PIP claims have been forced to rely on the Florida Auto Joint Underwriters Association (FAJUA). We’re happy to say that L & M Insurance Group now has an alternative to the high rates of the FAJUA. If you’ve had one or more PIP claims, please call us at 813-672-4100, or contact us via email for a free, no-obligation quote. We’ve been serving Riverview, Sun City Center, and surrounding communities in Florida for more than 10 years, and we’re here to help.

post

New to Florida? Here’s What You Need to Know About Auto Insurance

 

If you’ve just relocated to the Tampa Bay area, welcome! We’re glad to have you here. While you’re unpacking and checking out the beaches, remember that you’ll need to purchase auto insurance and tag your car in your new state—and Florida auto insurance can be a little confusing. Here are some things to be mindful of:

 

Minimum requirements

Florida is currently a no-fault state, though lawmakers are attempting to change this.

What this means for you: Your auto insurance policy will need to include Personal Injury Protection (PIP). If you’re injured in an accident, no matter whose fault it was, the first $10,000 of medical coverage will come from your own auto insurance policy.

In addition to PIP, to legally register your vehicle, you must also carry $10,000 Property Damage Liability (PD).

 

Do I need Bodily Injury Liability?

Even though you don’t have to carry Bodily Injury Liability (BI) to register your car, the Florida Financial Responsibility law “requires that any person at fault in a crash resulting in bodily injury and property damage to others must have in effect at the time of the crash full liability insurance coverage.” If you are at fault in an accident, BI will help to pay for the victims’ injuries, up to the policy limit. Florida’s minimum BI limit is $10,000 per person/$20,000 per accident.

What this means for you:   If you are at fault in an accident and you injure someone, you must be carrying at least $10,000 per person BI, in addition to PIP and PD coverage, at the time of the accident. If you don’t have Bodily Injury coverage, you’ll be forced to buy it, and you may have to carry an SR-22 (a certificate of financial responsibility) for three years.

Florida’s minimum limits are low, considering how much you could be liable for in an accident with serious injuries, or if more than one other vehicle is involved. When the liability limits are reached, you and your assets may be at risk if the injured party chooses to sue for the remainder of the damages. In general, the insurance industry recommends coverage of $100,000 per person/$300,000 per accident for BI, and at least $50,000 for Property Damage Liability.

 

What about Uninsured Motorist coverage?

Uninsured Motorist (UM) covers your medical bills, lost wages, and pain and suffering after your $10,000 PIP coverage is used up. Even then, it only pays after the other driver has been declared at fault in the accident and it has been determined they are uninsured or underinsured. UM doesn’t pay to have your car fixed. The catch: you can’t buy UM unless you buy BI coverage, and only up to the same policy limits.

What this means for you: You may want to consider UM coverage since, unfortunately, many people in Florida are not adequately insured. (In fact, Florida has the highest percentage of uninsured motorists in the country—26.7 percent—according to the latest data available from the Insurance Research Council.)

 

Though some people look for the bare minimum of coverage they must carry to drive legally, that’s not usually a good idea. The purpose of auto insurance is to protect you, your assets, and your liability. At L & M Insurance Group, we represent more than 15 auto insurance companies, and we’ll be happy to help you look at your personal situation and find the best coverage at the best rate. Give us a call at 813-672-4100 or contact us. We’d love to help you—and welcome to the neighborhood!

 

For more information:

Florida Department of Highway Safety and Motor Vehicles