How much condo insurance do I need?

Whether your condominium is your primary or secondary home, it is likely among your most significant investments. That makes insurance coverage that protects against the financial impact of fire, theft, or other unforeseen causes critical. Our goal at Tim Huber Insurance is to provide the coverage that best meets the needs of those in or near Jacksonville or St. Augustine, FL.

Condo Insurance Considerations

Every condo is different, as are the owner’s needs, so there is no one-size-fits-all formula for the amount of condo insurance you need. How much condo insurance you need depends on your choice of selected coverages, insured limits, and deductibles. More specifically:

  • Building Property- Your insured amount varies with the condo’s value and whether your association’s coverage is All-In or Bare Wall. All-in means the association is responsible for the building structure, cabinets, lighting, and other fixtures attached to the interior walls. Bare Walls mean the association covers only the building structure, so you must insure the interior fixtures.
  • Personal Property- The value of your furniture, flooring, appliances, and personal items drives the insured amount.
  • Personal Liability- Your risk tolerance determines whether you increase the liability limits for legal fees and medical bills above the policy minimums.
  • Additional Living Expenses- You choose whether to cover the expenses if you need to live elsewhere while repairs occur.
  • Loss Assessment Coverage- Protects you when facing charges due to shortfalls in the association’s coverage or new assessments.

Working with Tim Huber Insurance

Tim Huber Insurance proudly serves the St. Augustine, FL area. We take the time to understand each client’s unique insurance needs and look forward to helping you obtain a policy to protect your home and family against unforeseen events. Call or stop by today to discuss your condo insurance options.

What Kind Of Life Insurance Do You Need?

Life insurance is essential to protect your loved ones, especially the older you get. But there are several different kinds, and it can be hard to understand them all. Here’s how to know what type of life insurance you need and how to get quality life insurance in St. Augustine, FL. 

Whole Life Insurance 

Whole life insurance offers a one-time, lifelong, permanent policy that costs more each month but doesn’t require renewal. It builds cash value over time, but term life insurance tends to be less expensive ongoing. 

Universal Life Insurance 

This is an uncommon type of life insurance that allows you to change a permanent policy in the future and usually costs less than whole life insurance. That said, you’re not guaranteed that your policy’s cash value will grow as it does with whole life coverage. 

Term Life Insurance 

Term life insurance is the most common coverage type and is affordable and easy to get. You can purchase a policy that lasts only a few years or up to 30, depending on your age and current health status. But if you live longer than your policy, you’ll have to take out a new one. This is usually a lot more expensive later in life. 

Variable Life Insurance 

A variable life insurance policy has both fixed premiums and a guaranteed death benefit, but it’s also tied to investment accounts like stocks, bonds, and mutual funds. You could do very well, but you’ll have to be involved in managing your account, since its cash value will fluctuate along with the market. 

Need life insurance in St. Augustine, FL? Tim Huber Insurance serves your area. Call now at (904) 824-2555. 

Understanding Your Flood Risk: Factors to Consider for Appropriate Coverage

Living in St. Augustine, FL, you are no stranger to floods. With hurricanes and tropical storms frequently hitting our coastal community, flooding is a real threat we must prepare for. Tim Huber Insurance discusses the factors you must consider when assessing your flood risk to ensure you have the appropriate coverage.

  1. Location: Location is vital in determining your flood risk. Living in a coastal area makes you more likely to experience flooding during a tropical storm or hurricane. Additionally, if you live in a low-lying area, you may be at a higher risk of flooding during heavy rains. Even if you do not live in a high-risk flood zone, it does not mean you are safe from flood damage.
  2. Home Elevation: Your home’s elevation can also impact your flood risk. If your home is built in a high-risk flood zone, it will be elevated to reduce flood damage. However, your home may not be elevated if you live outside a high-risk area. Considering this when assessing your flood risk and purchasing insurance coverage is crucial.
  3. Age of Home: The age of your home can also impact your flood risk. Older homes may have outdated plumbing or insufficient drainage systems, which can lead to flooding during heavy rains. Assessing your home’s existing drainage systems and making any necessary improvements is essential.
  4. Proximity to Water: The proximity of your home to water sources like rivers, lakes, and the Atlantic also impacts your flood risk. If you live near a water source prone to flooding, you are at a higher risk of flood damage.

Understanding your flood risk is crucial in St. Augustine, FL. Contact Tim Huber Insurance to determine the appropriate coverage for your home and possessions.

What Does Commercial Insurance Cover?

The agents at Tim Huber Insurance serving the St. Augustine, FL area want you to understand the importance of commercial insurance for your Florida business. First of all, it is imperative that you have the proper amount of auto liability insurance on each vehicle that is driven for your business or is owned by your company. Auto liability insurance is mandated under Florida law for all drivers, including those driving for your business.

Commercial Liability Insurance Coverage

Commercial liability insurance is critical to have in place since it can protect your business in various ways. For example, if someone falls and is injured at your business or due to something from your company, this type of insurance will help you out if a lawsuit is filed against you. It can help pay the injured person’s medical bills and even lost wages. It will also pay for any property damage caused by your business or someone working for your business. It can also help you in other court cases, such as slander, libel, or copyright infringement.

Commercial Property Insurance

Commercial property insurance is critical for you to have as a business owner. This is because we never know when a natural disaster will occur, a fire will break out, or someone will commit an act of vandalism at our business. This type of insurance will help you replace any lost inventory and other damage caused by these events. It can also help if a burglary or theft incident happens at your business.

Contact Tim Huber Insurance

To create the best commercial insurance policy for you and your business, contact the trustworthy and experienced agents at Tim Huber Insurance, serving the St. Augustine, FL area, today!

Tips to care for your classic car

If you’re a classic car enthusiast like we are at Tim Huber Insurance, there are specific tips to remember for proper vehicle care. Taking the time to maintain and protect your classic car is essential for preserving its value here in the St. Augustine, FL area, so here are some tips to help you out!

1. Check the fluids: The engine requires oil, brake fluid, coolant, and power steering fluids – all of which should be checked regularly. Make sure to follow the manufacturer’s instructions for changing these fluids regularly. 

2. Clean your classic car: Regular cleaning is important for the interior and exterior of the vehicle. Use special cleaners explicitly designed for classic cars, and wax it often to protect the paint and finish from fading or cracking over time. 

3. Maintain the tires: Your car’s tires need a regular inspection for wear, uneven tread depth, or any signs of damage that could lead to a flat tire or blowout on the road. You should also check tire pressure often and adjust it accordingly. 

4. Protect against rust: Rust can easily compromise your vehicle’s frame structure if left unchecked, so frequently inspect areas like door hinges and fender panels where rust tends to appear first. If any rust is found, use an appropriate cleaner before applying a fresh coat of paint or sealant as needed. 

By following these simple tips above, you can ensure that your classic car stays in good condition over time and continues to provide you with years of enjoyment! For more information, give us at Tim Huber Insurance a call today. We are proud to serve St. Augustine, FL, and beyond.

Does a conversion van require motorhome insurance?

You might think of your conversion van as a van, but insurance companies and underwriters think of it as an RV. Before you can purchase insurance for it, you will need to convert the auto title at the St. Augustine, FL Department of Motor Vehicles to change its vehicle category from personal or commercial vehicle to a motor home or RV. That’s because once converted from a regular van to a conversion van, it no longer qualifies for standard auto insurance.

RV Insurance/Motorhome Insurance

Motorhome policies, also called RV policies, cover motorhomes, trailers, and conversion vans. A conversion van falls into the Type B category of recreational vehicles. That means you’ll need at least the state minimum insurance for motor vehicles to cover it. We recommend full coverage for RVs, though, due to their expense and the cornucopia of personal items, individuals traveling in them typically haul in them.

Policy Considerations for a Conversion Van

If you park your van at your home in St. Augustine, FL, and only use it for vacations. You can probably stick with the standard full coverage. If you want to travel full-time and reside in your conversion van, you’ll need a full-timer’s policy from Tim Huber Insurance. It provides an enhanced level of liability coverage since it’s more likely that you’ll have guests over and entertain in your RV.

Contact Tim Huber Insurance for an RV Policy

Contact Tim Huber for RV insurance for your conversion van and protect your financial investment in your motorhome. Let us help you protect your financial security so you’re covered if found at fault for an accident.

Five Important Questions to Ask About Home Insurance

Protecting your investment with a comprehensive home insurance policy is crucial as a homeowner. However, knowing which policy is right for you can be challenging with so many options available. That’s why Tim Huber Insurance in St. Augustine, FL recommends asking these five essential questions before purchasing home insurance:

1. What does the policy cover?

When considering a home insurance policy, it’s essential to understand what is covered and what isn’t. A comprehensive policy should cover damage from events such as fire, theft, and natural disasters. However, it’s also essential to know what is excluded, like floods or earthquakes, and if you need additional coverage.

2. What is the deductible?

The deductible is the amount you pay out of pocket before your insurance coverage kicks in. Choosing a deductible that you can comfortably afford if you need to make a claim is critical. A higher deductible will typically result in a lower monthly premium, but you must be prepared to pay more upfront if an incident occurs.

3. What is the replacement cost?

When purchasing home insurance, you must ensure that the policy covers the full replacement cost of your home and belongings. This means that in the event of a total loss, you’ll receive enough funds to rebuild your property and replace your possessions. Be sure to ask about coverage limits and any exclusions.

4. What does liability coverage mean?

Liability coverage is a critical part of a comprehensive home insurance policy. It protects if someone is injured on your property or if you accidentally cause damage to someone else’s property. Ask about the limits of liability coverage the policy offers and whether you need to purchase additional coverage.

5. What is the claims process?

Knowing what the claims process entails is vital in the unfortunate event of a claim. Ask your insurance agent about the steps you need to take to file a claim and how long it typically takes to receive compensation.

Trust in Our Team

At Tim Huber Insurance in St. Augustine, FL, we understand that choosing the right home insurance policy can be overwhelming. That’s why our team of experts is here to help you navigate the process and find the coverage that meets your needs. So contact us today to learn more!

Reducing Losses from Shoplifting

Every business owner knows that shoplifting can be a significant and costly loss for profit margins. It’s vital to reduce these losses and protect your business from the financial burden of shoplifting. In St. Augustine, FL, Tim Huber Insurance is here to suggest ways to protect your business from shoplifting losses. 

Security Cameras and Alarms 

Using security cameras or alarm systems discourages shoplifters and deters them from entering your store in the first place. Installing cameras inside and outside your store will help you know who is always entering and exiting your store. Having an alarm system installed can also deter thieves by sounding off when they enter or attempt to leave with stolen items. Additionally, having visible signage that communicates that such systems protect your store may cause potential thieves to think twice before entering the premises or attempting to make away with stolen items. 

Suspicious Behavior Monitoring 

Have staff members on alert for any shoppers who seem overly preoccupied with their surroundings, linger around certain sections of the store too long, or quickly rush out upon noticing someone is watching them closely. Employees must also be trained to safely and appropriately handle any situations involving possible theft safely and adequately.

At Tim Huber Insurance, we understand how devastating losses from shoplifting can be for small businesses like yours, so you must take steps to reduce them before they become too costly. Installing security cameras and alarm systems, closely monitoring customer behavior within your premises, and investing in appropriate insurance coverage are all key measures. If you’re located in St. Augustine, FL, contact us today so we can get started helping you secure the proper protection for your business!

Three Reasons Classic Car Insurance is Essential in St. Augustine, FL

You either purchased or are considering investing in a classic car in St. Augustine, FL. Still, you want to ensure you have completed all the necessary research and the proper documentation to keep your collectible vehicle safe. At Tim Huber Insurance, we get questions about why classic car insurance is necessary, and our professionals are here to clear up any concerns you may have.

Custom Tailor Your Policy

You’ve likely invested a decent amount of money in your classic car, and perhaps you’ve even done some of the work yourself. With classic car insurance coverage, you can customize your policy. Unlike a traditional insurance policy, the value of your car is determined only after a claim is made. Instead, you will know what your coverage includes if you need to make a claim.

After-Market Improvements

With classic car insurance, you can include post-factory features that were added during the restoration process. Some of the items that are typically covered are things like air conditioning installation, paint, an upgraded engine, or a power steering addition. With standard car insurance, you don’t have the option for additional coverage.

Save Cash

Your classic car is considered a second vehicle, not a daily driver. That means the rate you are charged is significantly less than it would be if you covered it with a standard insurance policy.

You are encouraged to contact the qualified professionals from Tim Huber Insurance and Financial Services to clarify any additional questions or to receive further information about classic car insurance in St. Augustine, FL.

Three Ways Umbrella Insurance Protects You and Your Family

Like most people in St. Augustine, FL, you’ve worked hard to build a wonderful life to be proud of. Good insurance is the key to protecting that life and all the things and people that matter most to you, but many people don’t find out they’re underinsured until it’s too late.

Umbrella insurance can help keep you covered where other policies fall short. Here are some perks and benefits to discuss with your Tim Huber Insurance representative when you set up your policy.

1. Umbrella insurance can ensure liability coverage

Naturally, your auto, home, and other policy types come attached to liability coverage. However, there’s always the chance you could be involved in a situation that exceeds the limits of those policies. Umbrella insurance kicks in at that point, ensuring you’re still covered.

2. Umbrella insurance protects your entire household

Just like a real umbrella would keep everyone underneath it dry in the event of a rainstorm, a nice, broad umbrella insurance policy protects everyone in your household from the fallout of life’s unexpected events. That means greater protection not only for you but for your spouse and everyone else in your home, no matter where in the world you go.

3. Umbrella insurance lets you finally stop worrying

Worry and stress are terrible for your mental and emotional health, so it’s essential to do everything you can to protect your peace of mind – something that’s hard to do when the metaphorical rain starts falling. With umbrella insurance in your corner, you don’t have to settle for hoping you’re covered in the event of an emergency. You can know you are instead.

Ready to make a priceless investment in your entire St. Augustine, FL family’s security and overall quality of life? Contact a Tim Huber Insurance agent today to discuss your options.