Why Contracting Companies Need Workers Comp Insurance

In the state of Florida, all employers who are contracting companies are required by law to have workers Compensation or workers comp insurance. There are several other industries that require workers comp insurance as well.

Why Is Workers Comp Insurance Required?

Employers who own and manage contracting companies in the state of Florida need to have workers comp insurance when they have four or more employees. It doesn’t matter whether these employees are part time or full time. Workers comp insurance is always required.

The reason that workers comp. insurance is with required is to protect employees from possibly getting injured on the job. Construction and contacting can be extremely dangerous as can other industries that require workers comp insurance. If an employee of yours is injured on the job, they may not be able to continue working, which will naturally result in lost wages and possibly the inability to seek further employment in the future. Workers comp insurance takes care of medical bills and lost wages until they have recovered from their injuries.

Workers comp insurance also protects you as the employer. When you have workers comp insurance in place for your contracting or construction employees, they won’t be able to sue you if they’re injured under your employment.

Contact Connect America Insurance Agency Today!

If you are a Jacksonville, FL business owner, Connect America Insurance Agency would be happy to help you find assistance with workers comp insurance. We serve contracting companies in and around Jacksonville, FL, and we understand that workers comp can be a difficult type of insurance to understand the inner workings of. Our agents would be glad to explain and discuss your options with you. To get started, stop by our nearest office location, or just give us a call!

Does an umbrella policy help if I am hit by an uninsured motorist?

     Being in an auto accident is inconvenient, frightening and stressful, even if there is no serious damage or injury. The situation goes from bad to worse when you find out the other driver, who was at fault in the accident, did not have auto insurance or was underinsured. 

     If the damages are small enough, they may be covered under your own automobile insurance. When you obtained auto insurance in Jacksonville FL through Connect America Insurance Agency, you got at least the minimum coverage required by law, including uninsured motorist coverage. However, you will need to pay out of pocket for anything that goes beyond that limit unless you have other coverage.

Umbrella Policies

     The purpose of an umbrella policy is to provide extra insurance that pays above and beyond what your other insurance policies do. It can protect you from major claims and lawsuits, keeping you from being personally responsible for certain losses. Your umbrella policy may add additional coverage to your auto, homeowner’s, rental and even boat insurance.     

     Coverage from an umbrella doesn’t kick in until you have reached your limit on your other policies. Besides covering larger amounts, an umbrella policy may provide coverage for claims that aren’t covered by your other insurance policies. For instance, if you your homeowner’s insurance policy doesn’t cover false arrest or slander, you may be covered under an umbrella policy.

Uninsured/Underinsured Motorists

     An umbrella policy probably does not automatically cover damages and injuries from uninsured motorists, but you can obtain a Rider to add that coverage. You can discuss with your Connect America Insurance Agency agent how much extra coverage you may need, and compare different umbrella policies and riders in Jacksonville FL. You can protect yourself and your loved ones by making sure you are protected.

What Are the Steps Involved In Filing A Worker’s Compensation Claim?

Accidents that occur in the workplace can cause your life to be turned upside down. If you live in the Jacksonville, FL area, you can get many of the answers you need from Connect America Insurance Agency. The agents can help you understand the steps that are involved in filing a Worker’s Compensation claim. 

What Should You Do If You Are Injured At Work?

If you are injured while on the job, the first thing you should do is notify your employer and make an appointment to be seen by a doctor. It’s important that your employer is notified immediately so they can correct the issue that caused your accident and prevent further injury to others. You should also seek medical treatment immediately after the accident. If you don’t it can be difficult to tell how badly you were injured. After you’ve received medical attention, the next step is to contact an attorney and begin to file your Worker’s Compensation claim. Once you have filed, you will have to continue to work with your attorney so that all other deadlines are met. 

Document Everything

When it comes to documentation, photographs can also be important evidence that can be used when filing a claim. After an accident occurs, take as many photographs as necessary and make notes about where certain items were located both prior to and after the accident occurred. Accurate documentation can help prove the validity of your case. 

When working with a Worker’s Compensation case, deadlines are everything. The agents at Connect America Insurance Agency can help residents and business owners in the Jacksonville, FL area understand the filing process and the importance of meeting each deadline. Accurate documentation is also extremely important. If you have questions about filing a Worker’s Compensation claim, contact the office today!

Three Things to Keep Your Assets Safe

Maybe you have decided to get into the landlord business since the Jacksonville, FL market has been on the rise.  Or perhaps you have just purchased a new home or a new car. These are extremely expensive investments that you have dedicated a lot of your finances to. So of course you want to do everything you can to keep them protected. Here are three things you can do to keep your assets safe.

1. Review your accounts

Make sure you know exactly where your money is. If you see unexpected expenses leaving your account, have it investigated. You could be a victim of some kind of financial fraud. If you are a business owner, make sure the people you have in place are trustworthy and are operating with your money honestly.

2.  Make sure your property is safe

If you are a homeowner, or renter, or even if you got that brand new car sitting in the driveway, you want to make sure that it is up to code and functioning properly. A guest falling in your home due to a faulty stair railing, or a car accident due to bad brakes, or any other number of injuries that you could be potentially liable for could occur, so minimizing those is incredibly important.

3. Get more coverage

Insurance for home, auto, and business can cover you and your property, but it might not be enough. This is where umbrella coverage comes into play. Umbrella coverage can fill in the gaps that other policies might not cover, like bodily harm on a property, or even things like libel or slander lawsuits. Getting this coverage will help you protect the wealth you have earned. 

Connect America Insurance Agency, serving Jacksonville, FL is here to help you get the right coverage. Contact us today to find out what we can do to keep your finances safe. Let Connect America Insurance Agency be your umbrella insurance company.

Minimum Requirements for Your Florida Commercial Auto Insurance Policy

Commercial auto insurance is a requirement if you’re using a vehicle for business-related purposes. Often, the coverage limits for a commercial policy have much higher limits than your personal policy because there’s increased risk for covering commercial vehicles. Unlike a personal policy, which is often separated into categories like personal injury and property damage, a commercial auto insurance policy typically has a combined single limit. The minimum requirements for your policy can vary depending on your business, and if you want specific information, contact Connect America Insurance Agency, which serves Jacksonville, FL.

General Requirements

As most commercial auto insurance policies have a combined single limit, it’s common to see policies ranging from a half-million to multiple millions of dollars. Some smaller companies may be able to get a policy that starts at $100,000, but most businesses will find themselves needing more coverage.

There are some benefits to having your commercial policy under one limit. For example, if you’re responsible for an accident that causes a great deal of property damage and little or no bodily injuries, you can use the entire limit of your policy to pay for the property damages.

Minimum Coverage for Taxi Drivers

According to the Florida Department of Highway Safety and Motor Vehicles, self-employed taxi drivers who have a taxicab as their only vehicle must have bodily injury liability coverage of at least $125,000 for each person, $250,000 per occurrence, and $50,000 for property damage liability coverage.

Other Useful Information

When you’re getting insurance quotes, you may notice that many companies will only permit you to get limits that are higher than the state or federally-mandated limits. While this may seem confusing, it’s because the minimum requirements are often not enough to cover commercial liability. For information that’s tailored to your business, reach out to Connect America Insurance Agency, which serves Jacksonville, FL, today.

Should small business owners invest in cyber liability insurance?

You never think that data breach can happen to you until you are violated. The consequences of such crime can be more significant if you are a small business responsible for handling the pertinent information of your clients. You may find yourself on the receiving end of a lawsuit if you are found at fault of negligence that leads to financial loss for customers who endured identity theft because of a data breach within your company ranks. Such is the reason for Connect America Insurance Agency helping you find the right cyber liability insurance policy in Jacksonville, FL.

Small businesses are at risk
Many entrepreneurs think that they are the least likely to fall victim to identity theft in business because their companies are so small. In actuality, cyber thieves search out small businesses first because of weaker security lines that allow for quicker penetration of the system. 

A thief may not be able to infiltrate the Target security system holding the accounts of various consumers. A criminal may, however, be able to obtain credit card numbers from a “Mom and Pop” shop who purchased their machine independently and pays a third party a monthly subscription fee to use the service. Data breaches cost small business owners an average $86,000 to correct. You stand to pay that full amount from your funds without cyber liability insurance.

What is cyber liability insurance?
A cyber insurance policy helps your company move forward after a data breach by relieving you of some of the economic tension associated with such event. This type of insurance pays customers on your company’s behalf if they suffer financial loss due to identity theft because of information being compromised by your business. 

One of the many benefits of cyber liability insurance is, of course, peace of mind. Another perk is knowing that you are protected from lawsuits related to an unfortunate data breach. 

You should not operate a small business in Jacksonville, FL without general liability insurance. In the same manner, you should not take charge of customers’ pertinent information without having some form of protection in the instance of a data breach. Connect America Insurance Agency can make sure that your small business has everything it needs to thrive in the city. Call us today to figure out what insurance policy is right for your company. 

What You Need To Know About Workers’ Compensation Insurance As A Florida Business Owner

The city of Jacksonville, FL is a part of a broader state region that is business-friendly. Florida has many laws in place to protect business owners from the wiles of employees trying to take advantage of the workers’ compensation system. Here are a few things that you should know about the insurance plan before calling Connect America Insurance Agency for help. 

Workers’ compensation insurance is required if you have employees
You need to purchase workers’ compensation even if you are a home-based business with one assistant. The amount of coverage you must purchase grows with every new worker that you add. 

Your insurance company selects the doctor when incidents occur
An employee who claims an at-work injury must have the severity of his impairment assessed by a medical doctor. The good news is that your indemnity company chooses the physician, which effectively prevents a dishonest worker from receiving more recompense than needed. It is, after all, the doctor’s evaluation that determines the length that a person can claim workers’ compensation. A physician chosen by your insurance company will have your business’ better interest at heart. 

Florida law sets limits on the length of time employees can receive workers’ compensation
The compensation checks stop once the doctor that your insurance company has chosen clears the employee to return to work duties. The good part about workers’ comp in Jacksonville, FL and other parts of the state is that a physician can deem an employee suitable to return to the company and not necessarily the job they were doing when they were injured. You can assign a recovering employee a different task that does not threaten his welfare or quality of work and still be in compliance with state laws.

Workers’ compensation may be required in Florida, but you don’t have to pay through the nose for the assurance plan. Call Connect America Insurance Agency today to see how we can help your company!

Umbrella Insurance – When it rains, it pours!

Umbrella Insurance is simply an alternative name for the line of insurance known as personal liability. Connect America Insurance Agency offers Umbrella policies to cover an insured when their injuries and damages exceed the liability limits of their existing policies. 

To determine if an Umbrella Insurance policy is right for you, assess the risks regarding the specifics of your personal situation, like:

  • Do you own a dog?
  • Does your home have a backyard pool?
  • Do you have teenagers driving your cars?

Then, contact Connect America Insurance Agency, the experts serving the communities in and around Jacksonville, FL.

Next, set aside the time required to inventory all of your assets. This exercise is Well Worth Your Effort!

The next step is to review the amount of liability protection offered to you by your current insurance policies, if there are any.

If the current liability coverage for your home (in and around Jacksonville FL), does not sufficiently cover your total assets (remember, you inventoried them), it signifies that you are in need of additional personal liability coverage.

How much coverage can you afford?

Preliminarily, it is important to note that an abundance of insurance companies require that the applicant have certain minimum liability limits if they offer Umbrella Insurance coverage to you. The limits apply to:

  • Automobile Insurance
  • Homeowner’s Insurance

Finally, compare your current exposure to risk with the Umbrella Liability policies offered within the marketplace.  It is noted that the majority of umbrella policies begin with $1 million. If it appears you will need more liability coverage, inquire about additional coverage.

Potential Mistakes to Avoid When Searching for Umbrella Insurance

  • Overlooking the Fine Print.
  • The premium cost is the only factor considered.
  • Choosing coverage that just meets the value of your assets.


How is Cyber Liability Insurance Beneficial to Your Business?

One of the newest forms of insurance that Connect America Insurance Agency, serving the Jacksonville, FL area, offers is cyber liability insurance. This is an insurance policy that business owners should consider purchasing. If you are a business owner, you may wonder what the benefits are to this type of insurance. Here are a few of the ways that cyber liability insurance can be beneficial to your business. 

What it Protects Against

Cyber liability insurance protects against hackers and bots that can destroy your online business or ruin your reputation. This type of insurance helps protect you in case your system is attacked and infected with ransomware, a hacker steals your customers information or your business identity, the theft of sensitive data or intellectual property, or if you are accused of spam-related crimes because of the actions of someone else. 

How it Can Be Beneficial

All of the above things can impact your business and cause you to lose out on money. If your customer data base is breached, customers may stop shopping with you. If your intellectual property is stolen, you may lose out on money. Cyber liability insurance helps to cover any losses you sustain as the result of actions that someone takes over the Internet. This helps your business to stay afloat during rough times, ensuring your business does not go under as a result of all of this. 

If you are interested in learning more about cyber liability insurance or want to get a quote, contact Connect America Insurance Agency, serving the greater Jacksonville, FL area today. Our agents can help determine what your needs are and put together a policy that offers you the coverage levels you should have. 

Comparing Worker’s Compensation Insurance: Coverage vs. Cost

One of the main questions when discussing worker’s compensation insurance and more broadly, insurance in general, is weighing the cost of the policy against the level and quality of the coverage it provides. For those who are seeking workers’ compensation in Jacksonville, FL, or in any other city, the optimal balance is to obtain worker’s compensation insurance with the highest quality and level of insurance necessary for the lowest cost possible. However, doing this can prove quite difficult, especially if you have never gotten insurance before or if you are looking for a very specific policy.

The first step to balancing the cost and coverage of an insurance policy is to find a reputable insurance agency. One indication that an insurance agency is reputable is that they will have their information readily available if you call or visit their website. It is wise to stay away from insurance agencies that make it more difficult than necessary to access their information. Another excellent source of information for finding reputable insurance agencies is the Better Business Bureau, a non-profit organization which helps settle disputes between consumers and businesses.

Once you have found a reputable insurance agency, you should evaluate the worker’s compensation insurance in terms of coverage provided vs. cost incurred. Different individuals and agencies have different standards, but whether you are working with Connect America Insurance Agency the general rule is to match coverage with cost. For example, if a worker’s compensation insurance policy only offers moderate coverage, then generally the cost to you should be moderate. One final question you might be asking is if your employer offers workers’ compensation insurance.

If you live in Jacksonville FL, or any other city in the state, Connect America Insurance Agency can help. Worker’s Compensation insurance can save you a great deal of pain and suffering, so make sure to call Connect America Insurance Agency if you are interested in more information.