FAQs - IMAX Insurance Group

Q: What insurance do commercial trucks need in Florida?

It depends on the truck’s weight and where it goes. Florida sets liability minimums by gross vehicle weight: $50,000 per occurrence from 26,000 to under 35,000 pounds, $100,000 from 35,000 to under 44,000 pounds, and $300,000 at 44,000 pounds or more. Trucks that fall under federal DOT rules have to meet the federal minimums instead, which are higher. Those are legal minimums, not a plan. Our Florida commercial truck insurance guide covers the rest of what a trucking business needs, or call (786) 441-8985 for a quote.

Q: Does renters insurance pay for a hotel if my apartment becomes unlivable?

Usually, yes. Most renters policies include loss of use coverage, also called additional living expenses. If a covered problem, like a fire, makes your apartment unlivable, it helps pay for a hotel or temporary rental, plus extra costs like eating out, while the place gets fixed. Two catches: it pays the difference above your normal living costs, and it only applies to damage your policy covers. Flood usually is not one of them, which is why we look at flood separately. Ask us to point out the loss of use limit on any quote.

Q: How much is hurricane insurance in Florida?

In most cases there is no separate hurricane policy. Wind and hurricane damage is usually covered by your homeowners policy, with its own hurricane deductible. Florida law requires insurers to offer you a hurricane deductible of $500, 2%, 5% or 10% of your dwelling coverage. That deductible choice moves your price a lot, and flood is a separate policy on top. Our hurricane insurance cost breakdown walks through the numbers, or get a free quote for your home.

Q: Do I need insurance before I can get a license plate in Florida?

Yes. Florida will not register your car or give you a plate until you show proof of Personal Injury Protection (PIP) and Property Damage Liability (PDL), at least $10,000 of each. The tag office is required by law to turn you away without it. So the order is insurance first, plate second. Just bought a car? Call us at (786) 441-8985 and we will get your proof of insurance sorted before you head to the tag office.

Q: ¿Atienden en español?

Todos los días. Puede hacer todo el proceso en español, desde la cotización hasta un reclamo, hablando con una persona de verdad y no con una máquina.

Q: ¿Me conviene una agencia independiente o ir directo a la compañía?

Si va directo a una compañía, le van a ofrecer lo que esa compañía vende. Una agencia independiente compara varias y le dice cuál le sirve a usted, aunque no sea la que más nos conviene a nosotros. En Miami, donde los precios varían tanto de una cuadra a otra, esa diferencia se nota en el bolsillo.