I Just Got a Ticket…Will My Auto Rates Go UP?

car-1531277_640 (1)Have you recently had the bad luck of receiving a speeding citation? A ticket for speeding or other moving violation may increase your auto premiums. Some of this depends on the timing of your ticket and your renewal date. If you have had several traffic violations in a three year period, your carrier may decide to drop you. We will always search the market for the best alternative for all our clients.

Your auto insurance rates are determined based on how risky the insurance company considers you to be. Insurance carriers will have different methods for calculating risk, and thus different methods for determining rates.

Violations that relate to unsafe driving that will cause your premiums to increase include:

  • Drunk driving
  • Texting while driving
  • Failure to stop or yield right of way
  • Speeding
  • Reckless driving
  • Failure to stop at a light
  • Speeding in a construction zone

One leading industry research company studied 500,000 drivers and found that auto premiums went up by 20% after one of the violations listed above. Remember these are national averages and your individual circumstance will apply to what the carrier may or may not do.

Driving safely may be enough for you to avoid any spikes in your premiums. Of course, if your rates go up, they can also go down. By being a safe driver, you may see the price you pay for auto insurance decrease over the years.

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

 

Will One Ticket Cause My Auto Premiums To Increase?

17jghdjdtyjtdHave you recently had the bad luck of receiving a speeding citation? A ticket for speeding or other moving violation may increase your auto premiums. Some of this depends on the timing of your ticket and your renewal date. If you have had several traffic violations in a three year period, your carrier may decide to drop you. We will always search the market for the best alternative for all our clients.

Your auto insurance rates are determined based on how risky the insurance company considers you to be. Insurance carriers will have different methods for calculating risk, and thus different methods for determining rates.

Violations that relate to unsafe driving that will cause your premiums to increase include:

  • Drunk driving
  • Texting while driving
  • Failure to stop or yield right of way
  • Speeding
  • Reckless driving
  • Failure to stop at a light
  • Speeding in a construction zone

One leading industry research company studied 500,000 drivers and found that auto premiums went up by 20% after one of the violations listed above. Remember these are national averages and your individual circumstance will apply to what the carrier may or may not do.

Driving safely may be enough for you to avoid any spikes in your premiums. Of course, if your rates go up, they can also go down. By being a safe driver, you may see the price you pay for auto insurance decrease over the years.

As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

 

Florida Risk And Insurance Trends To Watch For 2017

Risk Management

risk management concept with yellow road sign

The risk management landscape is changing fast. It is important for business owners and managers to understand how these trends will impact their commercial insurance programs. Technology, consumer trends, litigation, and regulations all have increased risk.

  • The Changing workplace environment. Employers are having to manage a change in workplace demographics. The baby boomers are retiring and employers will need to figure out how to attract the next generation of workers.
  • Cyber Risk. Every Florida business will need to consider cyber insurance. Most businesses have a greater risk of having a cyber-attack than they do of having a fire. Cyber security was big news last year. Hardly a week went by without a report of a data breach in some industry. In fact, the Identity Theft Resource Center reported a record high of 1,233 data breaches in 2015, which is a 39 percent increase from 2015’s numbers.
  • Employment Laws. Whenever there is political change you can count on new and/or updated employment laws. Employers will need to keep up to date on how these laws will impact their businesses. Every employer should consider Employment Practices Liability Insurance.
  • Connections with Customers. As we continue to increase our reliance on technology, businesses must find the best ways to stay connected with clients. Customers want real time information about the products and services you provide. The road to being connected begins with understanding that consumers want to use technology in their healthcare decisions. They want to be able to email their partners and access services and information through telecommunication devices.
  • Workers’ Compensation. All states will continue to address legislative measures that could have an impact on employers including; drug usage, independent medical exams, medical marijuana, and the misclassification of employees and contractors.

Call us today and let us help protect what is important to you. As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance.

Amberg Insurance has been voted First Place for Best Insurance Agency and Best Agent by the Charlotte Sun Newspaper and First Place for ‘Harbor’s Hottest’ Insurance Agency by Harbor Style Magazine.

 

Amber insurance Protects Your Toys

Motor Home

How To Save Money On Your Toy Insurance

When it comes to RV, motorcycle, or boat insurance, having options can be a very important way to save money. Putting money back in your pocket is one of our primary goals. There are few joys greater in life than being able to escape the daily grind. Regardless of whether you are relaxing on your boat at the lake, traveling through the east coast, camping with friends and family or enjoying the open road on the bike of your dreams; you need to take the proper steps to protect what you have worked so hard to enjoy.

We know and understand the boat, motorcycle and RV insurance market.  This allows us to provide you with the best possible combination of pricing, coverage and service.

RV Insurance Rates

RV insurance rates differ from company to company, so it really pays to have us shop your insurance. Some markets offer better rates for trucks, RV and campers, while others can offer better rates for motorcycles.

How To Save On Toy Insurance

There are many things you can do to keep your auto rates at the lowest level possible.

We offer competitive prices plus convenient payment plans, and we’ll place your coverage with a company that has the financial stability to be there when you need them most. Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

 

Is There Value In Stacking Florida Auto Insurance Coverage?

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Is there a way to protect you and your loved ones from the devastating impact of medical bills resulting from an auto accident involving an uninsured or underinsured motorist? You have two options; increase your limits or consider stacking coverage on your covered vehicles.

If you have two or more vehicles on your auto policy you have the option of stacking your Florida auto coverage. Auto insurance stacking applies to combining coverage for underinsured and uninsured motorist bodily injury, if you have multiple cars.

If you combine your coverage you are able to increase your limits should you be involved in an accident with an underinsured or uninsured driver. Here is how it works.

This Only Applies To Uninsured Or Underinsured Motorist Coverage

If you have two vehicles each with $50/$100 coverage and decide to add the stacking option, the coverage for both cars goes to $100/$200.

Benefits To Stacking

  • You would have higher limits of coverage in the event of an accident caused by an uninsured or underinsured driver.
  • You do not have to increase your auto liability limits.

Disadvantages of Stacking

  • You will pay more for uninsured/underinsured coverage in exchange for the added protection.

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

Is Florida Auto Insurance That Important?

Focus On Facts

Florida Auto Insurance Facts

According to the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA), there are five leading factors involved in auto accidents.

  1. Drunk Driving: Crashes caused by drivers under the influence of alcohol (DUI) accounted for 18 percent of the total economic loss due to motor vehicle crashes. DUI crashes also cost the nation $49 billion dollars, an average cost of $158 dollars for every person in the U.S. Including lost quality of life, these crashes were responsible for $199 billion dollars, or 23 percent of the overall societal harm caused by motor vehicle crashes.
  2. Speeding: Crashes involving a speeding vehicle traveling over the posted speed limit, or too fast for conditions, accounted for 21 percent of the total economic loss and cost the nation $59 billion dollars in 2013. This is an average cost of $191 dollars for every person in the U.S.
  3. Distraction: Crashes involving a distracted driver accounted for 17 percent of the total economic loss and cost the nation $46 billion dollars in 2013.
  4. Pedestrians and Bicyclists: Crashes involving pedestrians and bicyclists accounted for 7 percent of the total economic loss and cost the nation $19 billion dollars in 2013.
  5. Seatbelts: Seatbelt use prevented $69 billion dollars in medical care, lost productivity, and other injury related costs. Conversely, preventable fatalities and injuries to unbelted occupants accounted for 5 percent of the total economic loss and cost the nation $14 billion dollars in 2013.

Florida Auto Insurance Coverage

Having the right kind of auto insurance can protect you from serious financial loss.

  1. Auto liability
  2. Auto physical damage & collision
  3. Uninsured motorist
  4. Personal injury protection
  5. Auto medical payments

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. By having an office in North and South Charlotte County, we can provide convenient and timely service to our clients. We would appreciate having the opportunity to serve as your insurance Agent for your personal and/or business needs.

Reduce Your Florida Auto Insurance Premiums

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Auto Insurance

When it comes to purchasing Florida auto insurance, having options can be a very important way to save money. Putting money back in your pocket is one of our primary goals.  We know and understand the Florida auto insurance market.  This allows us to provide you with the best possible combination of pricing, coverage and service.

Florida auto insurance rates differ from company to company, so it really pays to have us shop your insurance. Some markets offer better rates for trucks, RV and campers, while others can offer better rates for motorcycles. Amberg Insurance works with many different insurance companies, we do all the work for you!

How to reduce your auto premium

There are many things you can do to keep your auto rates at the lowest level possible.

  1. Review your deductibles. According to the Insurance Information Institute, raising your deductible from $200 to $500 could reduce your Collision and Comprehensive premiums
  2. Encourage your student driver to get the best grades possible. Most major insurance companies offer a discount for students in good academic standing.
  3. Select a safe car. Check out which cars are popular with thieves and avoid them. Also, the more expensive the car, the higher the premiums.
  4. Be a safe driver. The more accidents and tickets you have, the higher the premiums will be.
  5. Purchase a car with an alarm or LoJack. LoJack® Stolen Vehicle Recovery System provides car owners with peace of mind knowing that if their vehicle is stolen, they have the best chance of getting it back.
  6. Be loyal. Many auto insurance companies offer loyalty discounts if you stay with them over time.
  7. Check for other auto insurance discounts. These might include taking safe driver courses, senior discounts and more.

You might be able to pay less for your car insurance premium and not even know it. So it pays to connect with us to review your insurance needs. As an Independent Insurance Agency, we represent many of the top insurance companies in the country. This means better coverage, and at a competitive price, including life and health insurance. By having an office in North and South Charlotte County, we can provide convenient and timely service to our clients. We would appreciate having the opportunity to serve as your insurance Agent for your personal and/or business need