Ted Todd Insurance Blog

Many of the residents that come down to Florida throughout the winter have seasonal condominiums that they reside in. Whether your condo is a permanent or seasonal residence, it’s important to know what types of Florida condo insurance coverage you’ll need to protect yourself and your family in the event of a disaster. As part of the association fees that you pay, a Master Condo Policy covers commons areas of the building, but you’ll want to make sure that you have your own condo insurance policy with five different types of coverage.

As a small business owner, the statistics have been stacked up against you since the day you opened. But you’re still here. Through ups and downs, economic hardship and recession, you’ve made payroll, created new jobs and even expanded your service offerings. It hasn't been easy - but you made it. In fact, you probably can't picture what it was like before you owned your business, let alone the possibility that you could lose it. No business owner wants to believe that they could be sued by their employees or customers, but it’s a possibility that you must be prepared to face. A comprehensive business liability insurance policy is one of the most important ways to protect the livelihood that you've worked so hard to build. 

Be aware of the risks. The Coast Guard tracks boating accident statistics and offers these statistics to help raise awareness for boaters. Here's a summary of boating statistics from 2010:

Car trouble? You’re not alone. The average driver experiences more than four separate occurrences of a disabled vehicle. 84% of drivers underestimate their chances of having an incident. In November 2011 Allstate released results of the Good hands Roadside Assistance Survey:

Over the course of your life, you or a loved one may experience the need for long term care. The most basic of activities like bathing, dressing and eating are things that many take for granted. The reality is, however, that as you age, you may develop conditions that don’t allow you to perform these most basic of functions. As you get older, it’s important to consider who will assist you and how to prepare for the financial burden of that assistance. The staggering reality about long term care is that over 70% of people over the age of 65 require long term care services. However, despite this statistic, Florida Long Term Care Insurance is seldom considered until it’s too late to manage the situation that requires it. Taking time to learn the basics of how to protect yourself or someone you love can mean a world of difference in the quality of life for both you and your family members as you age. The sooner you start preparing for protection, the more easily you’ll be able to manage the situation, resulting in less stress for everyone you love. Here are five important pieces of information that will help you build the knowledge needed to make smart decisions about long term care and long term care insurance.

When you pay your insurance premiums every month, you trust in the companies that you pay to. You trust that they’re accurately assessing the liability that they’re taking on and issuing premiums that balance that liability. If you have cut rate insurance, and the time comes when disaster strikes – you can’t be confident that your claim will be resolved in a reasonable timeframe, to your satisfaction and as simply as possible. You can't even be confident that the company will actually cover your claim. It’s the very basic of what you deserve when you’re coping with disaster. At Ted Todd Insurance, there are a few ways that we make sure that you have the most comprehensive coverage and best possible claims experience.

Of the 2.3 million couples that get engaged annually in the United States, 10% are engaged on Valentine's Day. If you're considering popping the question, or have already married that special someone, you should be sure that the ring you've purchased is covered by jewelry insurance. It's important to know that your homeowners policy provides very limited coverage for jewelry and is sometimes as low as $1,500 (the amount of typically listed within your policy). Engagement rings and wedding band sets are typically extremely costly and would be worth much more than the amount covered, which is why you should consider purchasing jewelry in addition to your homeowners insurance coverage.

Accidents happen when you least expect it. Whether you’re driving a motorcycle, car, truck, or van, it’s important to remain vigilant when you drive. This is particularly important during rush hour and tourist season in the state of Florida, when the number of cars on the road is at a high. Here are a few crash statistics that will be sure to help you remember to drive diligently when you’re on the road and keep Florida highway safety in mind this tourist season.

There comes that time in every person’s life when you’re ready to pack up and leave your parents' house. Regardless of when that time is, it’s important that you’re aware of the exposure that you have and how to make sure you’re protected. Forces of nature can strike at any moment, leaving you with nothing but the clothes on your back. Previously, because all your belongings were kept in your parent’s house – it wasn’t necessary to take out an insurance policy. When you move out, however, it’s important to get your own coverage and protect your valuables with Florida renters insurance.

Dogs have been man’s best friend for over 30,000 years, domesticated even before sheep or cows, according to a study conducted by the University of Arizona. Dogs provide their owners with companionship and protection. However, in today’s age where lawsuits are affecting more and more homeowners, we must be more careful about the dogs that we choose for our companions. In 2010 there were 34 fatal dog attacks and more than 800,000 victims that received medical attention. These incidents resulted in more than $1 Billion in claims. When it comes to your homeowners insurance and dogs, there are a few things you should know.