Did you know that when a fire breaks out in your home, you could only have two minutes to escape the flames?
40% of home fires occur in the kitchen. A pan with oil or a pot with food that are forgotten are the most common causes of this type of accident.
According to the National Fire Protection Association, 2% of fires in homes are caused by candles and cause 3% of deaths and 6% of injuries.

There’s nothing more mortifying than seeing homeowners insurance grow year after year. We have the same old house, and yet we end up paying more. The worst thing is that the option to cancel home insurance is not the way out.
However, although we apparently cannot find solutions, that does not mean that there are no ways to lower the insurance. Actually, there are some actions you can take to lower the price of your home insurance premiums, and here we share them with you.

It is not always possible to buy a house. The reasons can be diverse, that the income that we have is not sufficient, the state of the credit, or the monstrous debts that we have accumulated.
That is why living for rent for many, more than an option, is a necessity.
What happens if lightning reduces the house where you rented to ashes?
You simply lose everything and have to start over. Although the owner of the house has it insured, her insurance does not cover the personal belongings of the tenants. To recover the losses, you will have no choice but to go to the credit card or use the savings that you have accumulated and buy your furniture and appliances again.

How long do I have to pay my mortgage insurance?

The type of mortgage that we acquire when buying our first property is important. Being approved for a home loan, commonly known as FHA, does not have the same financial consequences as it does for a conventional loan.
The difference is not only in the initial payment since in the current market you can acquire a conventional loan with a down payment lower than the FHA.
To get to the answer, let’s go in parts.

Cutting spending at such a critical time is key to a family’s financial stability. Saving on home insurance without sacrificing the quality of coverage is possible if you follow very specific steps. If you want to pay less for your homeowner’s insurance we recommend:

1. Compare other insurance on the market.
2. Increase the deductible.
3. Increase the security of the house.
4. Pay premiums through automatic transfer.

Buying a home is one of the most important investments you can make. Therefore, when buying it you must make sure that it has all the necessary coverage for all kinds of unprecedented events. For example, fires, vandalism, hurricanes, or other events can damage your home. Therefore, Vivid multiservices offers you the best and cheapest options to keep your home protected. These are the main home insurance coverages:

• Homeowners Liability Insurance
• Flood Insurance

You’ve probably heard of flood insurance and wondered if you really need it. To help you decide if your home needs flood insurance, it’s important to understand a little about floods and insurance.

Floods are the number one natural disaster in the United States, according to the Federal Emergency Management Agency (FEMA).

Flood insurance covers your home, including garages, interior and exterior walls, ceilings, furniture, clothing, and appliances directly damaged by water, mold, and landslides.

Getting an affordable home insurance quote is easier than ever today. We have very cheap options that fit your needs and budget. You just have to contact us at (786) 377-5077, All agents are waiting for your call and ready to help you with a completely free and no-obligation quote.

What you will get with the Basic Choice home insurance?

* Fire, Smoke, Lightning, Wind Storm and Hail Coverage

* Fast, Quality Repairs from the Rapid Response Team

* Additional Optional Coverage includes Liability and Personal Property Replacement

* Coverage from a Trusted, Established Florida Company with a Financial Stability Rating ® of A, Exceptional

Remember, your home is one of your largest investments and for that reason our Florida homeowners insurance is designed to protect your home and other structures on your property.

What is Personal Liability Insurance?

Personal liability insurance is a component of a homeowners or renters insurance policy. Liability will cover the cost of damages that you or other people covered by your insurance policy are responsible for causing.

The personal liability portion of your policy will also cover the cost of defending a lawsuit if you are sued as well as any resulting judgments coming out of the lawsuit, up to your policy limits. Its main purpose is to protect your assets in the event of an unexpected event for which you are considered liable.

Personal liability insurance comes in a couple of different types:

* Bodily injury:-

This type of liability insurance covers your legal responsibility when someone that is injured in or around your home. An example would be someone falling down the stairs in your home or slipping on an icy sidewalk. Bodily injury liability works in conjunction with medical payments (sometimes called guest medical) portion of your homeowners policy. Medical payments helps pay for reasonable and necessary medical expenses of non-residents who are accidentally injured on or around your property. Your personal liability covers when there are claims of negligence that caused the injury or a lawsuit filed due to the incident.

* Property damage:-

This liability type will cover the cost of damage you do to someone else’s property. As example, your child throws a baseball through the neighbor’s window and it damages an expensive piece of art. Property damage would pay for both the window and the art piece, up to policy limits.

What does my Personal Liability Insurance Cover?

One of the most important components of a homeowners, condo or renters insurance policy is the personal liability section. This coverage provides protection for accidents you are liable for that occur inside or outside your home and result in bodily injury or property damage. Basically, your homeowner insurance personal liability is there to protect your assets in the event someone is injured in your home or due to a mistake or accident that you cause. It can be a financial lifesaver as medical costs can quickly spiral out of control and in our litigious society there is a good chance you will end up being sued.

What is Not Covered?

Homeowners, condo and renters insurance has exclusions, namely being that household members cannot claim against the coverage. For instance, the household exclusion would keep a resident of the home from making a medical claim for slipping on their own icy front porch. Instead, the injured party would need to place a claim with their own health insurance provider for the resulting medical bills. Also, vehicles of your home are not covered by either the personal property or liability portion of a home insurance policy. So, while a neighbor can make a claim if your child throws a baseball and it breaks a window of their vehicle, if it happens to your vehicle, you cannot under your home policy. You could make a claim under your car insurance policy’s comprehensive coverage. Each home policy has its own specific list of exclusions, so read over your policy in its entirety to find what yours are.

A home is one of the most important investments one can make. When you get homeowner insurance with Vivid Multiservices you will have peace of mind that your home is properly insured. Our goal is to provide you with insurance coverage for your home at an affordable price that’s right for you and your wallet.

Landlord Insurance Coverages