FAQs
Have questions about insurance? We’re here to help. Below you’ll find answers to some of the most common questions about flood, life, health, and business insurance — plus general information about working with Go Pink Insurance.
If you don’t see your question here, feel free to contact us directly or request a free quote.
What is flood insurance?
Floods can happen anywhere, just one inch of floodwater can cause over $25,000.00 in damage. Most homeowners’ insurance does not provide cover for flood. Flood insurance is a separate policy that can cover buildings, the contents in a building, or both, so it is important to protect your most important financial assets, your home, your business, your possessions. Please reach out to your Go Pink Insurance Agent for more information.
How do I know if I need Flood Insurance?
If you live in a flood zone or your mortgage requires it, you will need to find proper flood insurance for your home. It is also smart coverage to have even if you do not live in a flood zone as Florida is known to have flooding occur. At this time, Florida does not require anyone to carry flood insurance, but the laws can always change. Please reach out to your Go Pink Insurance Agent for more information.
Is Flood insurance expensive?
Depending upon where you live and the amount of coverage needed, on average, flood insurance is significantly less expensive than homeowner’s insurance. Please reach out to your Go Pink Insurance Agent to provide you with the best quotes available in your area.
Are there different types of flood insurance?
All flood insurance covers damage caused by flooding. Sometimes people are required to carry FEMA based coverage while others can go private. Your Go Pink Insurance Agent can create a customized quote to cover as much as you like including replacement of your valuables and even living expenses while your home is under repair.
What is life insurance?
Life insurance provides financial benefits to dependents or beneficiaries after the insured person’s passing. Life insurance can be used in a variety of ways such as helping replace the lost income of the deceased, assist in paying final expenses including burial costs and address estate planning issues. Reach out to your Go Pink Insurance Agent to discuss options and coverages for you and your loved ones.
Who needs life insurance?
Life insurance is an important part of financial planning. The need varies by age, circumstance, number of dependents, and level and degree of financial responsibility you may have. Reach out your Go Pink Insurance Agent to discuss options and coverage available for you and your loved ones.
Do I need to take a medical exam for life insurance?
Life insurance based upon the coverages and type of insurance, may require you to take a medical exam. Your Go Pink Insurance Agent can go through all of the requirements based upon your options and goals because there are some coverages that do not require a medical exam.
Is life insurance expensive?
Life insurance can be as inexpensive as it can be expensive based upon your wants and needs. Your Go Pink Insurance Agent can review options that will best fit your family’s needs and budget so you can have peace of mind.
Do I need health insurance?
It is always a good idea to have coverage for your medical needs, even if it is something for emergency medical needs. You are not required to have health insurance but there can be tax implications to having insurance, not having insurance, and that is based off of different variables. It is always wise to have health coverage for those “just in case” expenses. Often times, it also covers regular checkups and maintenance of your body which helps avoid those terrible things that come with not keeping up with your health. Reach out today to your Go Pink Insurance Agent to run through your options and what works best for you.
Can my family and children be covered under my health insurance?
Your dependents can often be covered under your health insurance place as co-insured individuals. The coverage is normally the same amount of coverage that you take out on yourself. Contact your Go Pink Insurance Agent for further details to run a personalized quote for you and your family today.
Does health insurance include vision and dental coverage?
You can often “bundle” a vision and dental plan alongside your health insurance plan. You can even bundle a life insurance policy alongside your health insurance plan. Sometimes your plan, when bundled, can cover different benefits such as prescriptions that are written by your eye doctor or dentist. You can even have a vision and dental plan without the need for a full health insurance plan. Contact your Go Pink Insurance Agent to run you a personalized quote for vision and dental coverage.
What is business insurance?
Business Insurance protects a company from losses due to events that may occur during the normal course of business. There are many types of small business insurance including coverage for property damage, legal liability, cyber and internet protection, and employee-related risks.
What type of Business Insurance do I need?
No two businesses are identical so it is important to first understand the risk exposures associated with your type of business. Once identified, you can ten outline the types of insurance needed to provide adequate coverage. In almost all types of business, you will need general liability, commercial property insurance if the building is owned, business personal property for equipment, furniture, etc., and worker’s compensation coverage if you have employees. There are additional coverages such as inland marine, cyber liability, professional liability which can also be purchased to cover any gaps in coverage. Please reach out to discuss these with your Go Pink Insurance Agent today.
What does General Liability cover for businesses?
General Liability protects business organizations against liability claims for bodily injury and property damage that may occur on the premises from operations, personal injury, and other potential losses that can arise from business operations.
What is a Waiver of Subrogation?
A waiver of subrogation is an agreement between two parties in which on party agrees to waive subrogation rights against another in the event of a loss. Typically, insurance policies do not bar coverage if an insured waives subrogation against a third party before a loss. However, coverage is excluded from any policies if subrogation is waived after a loss because to do so would violate the principle of indemnity. Reach out to your Go Pink Insurance Agent today to your waivers.
What is a Business Owner’s Policy (BOP)?
A business owner’s policy (BOP) is a package policy geared towards small to medium sized businesses which combine liability, business interruption, and commercial property insurance coverage.
Is Insurance required in the state of Florida?
There are many different types of insurance that your Go Pink Insurance Agent can write for you. Some insurances are required by Florida, other insurances are there for your peace of mind. Reach out to your Go Pink Insurance Agent today to discuss what needs and coverages you have to give you peace of mind…or be in compliance with the laws and regulations of Florida.
Can Go Pink Insurance write insurance out of the state of Florida?
Go Pink Insurance Agency is licensed in the State of Florida to write policies in the state of Florida. It is currently reviewing expansion into other states but currently, the insurance policy must be in Florida. An example of this would be if you live in Texas but you own a bakery in Florida, you will want Florida insurance on the bakery, which you can have, even if you live somewhere else because the policy is in Florida. However, if you live in Florida and want an insurance policy on your bakery in Texas, Go Pink Insurance Agency would not be able to write you a policy in Texas at this time.
Can I get a policy from Go Pink Insurance Agency without having to talk to a live Agent?
YES! As much as your Go Pink Insurance Agent would love to chat with you, we understand sometimes you need to be able to do your building on your own time so we have a way for you to take care of that yourself as well; here is the link directly to our providers page that you can do on your own: LINK HERE
What if I already have coverage, can Go Pink Insurance still help me?
We can always run a comparison quote for any of the insurances you currently have as well as make sure you are properly covered for your needs. Go Pink Insurance is here to help make sure you are properly protected.
