You will often hear and see the phrase “SR-22 Insurance.” Just remember that the SR-22 refers to a specific form, not an actual policy. So, what is the difference between an SR-22 and regular insurance? Nothing really, just the cost and the form. It is a way that you can prove...
What is an FR suspension in the state of Florida? An FR suspension meansa suspension for failure to pay a responsibility. You have to fulfill the financial obligation to fix an FR suspension and receive an FR suspension reinstatement. A Lack Of Automobile Insurance suspension, unlike most others...
To better understand how coinsurance in property insurance works, let’s look at an example. Let’s say you have an 80% coinsurance declared in your property policy with $5,000 deductible. The replacement cost of your property is one and a half million. Therefore, you are required to purch...