IBS FINANCIAL GROUP INC.
333 CAMINO GARDENS BLVD SUITE 100 BOCA RATON, FL 33432 561-620-0900
Auto
IBS Financial Group provides choices for protecting one of your largest investments, your vehicle. You rely on your vehicle to get you and your family where you need to be safely.
Let us help you find the right coverage at the right price to insure your vehicle.
Free car insurance quotes are available over the phone and at our agency location.You may complete an auto quote request to have an agent contact you with a quote.IBS Finacial Group Insurance agents can compare options from several of the top insurance companies in the nation to find you the insurance coverage you need.
No “one size fits all” approach here –
Coverage choices, matched with local service, is
our promise to our customers.
Denied Insurance Coverage Before?
Have you been denied insurance coverage by other agents or told your risk is too high? IBS Finacial Group Insurance agents can help the unlucky driver.
• Bad Credit • Accidents • Tickets
• No Credit History • SR-22 Requirements
IBS Finacial Group is here to help. With our large choice of insurance companies to place your insurance coverage with, we can typically find the right match for your unique needs. Several of our companies also offer low down payment, no down payment or monthly payment plans.
Auto Insurance Main Coverage Types
Liability:
Injuries that you (insured) cause to someone else is covered under this part of an Uninsured or Underinsured Motorist: Covers the insured (you) for your bodily injury caused by a hit-and-run driver or PIP: Collision:
auto insurance policy. The minimum liability insurance coverage
available for purchase in Florida is 10/20 and is explained in detail below. However,
we recommend that you choose liability insurance coverage amounts that are much
higher than the minimums listed below. Contact us at 561-620-0900 to discuss what
liability coverage amounts you require to meet your family and personal needs.
Florida Liability Coverage limits explanation:
10/20/10 10=$10,000 - 20=$20,000 - 10=$10,000
accident.
accident.
Medical Payments Coverage:
Medical payments coverage pays for the medical and funeral expenses for you or
others hurt or killed in an accident while riding in or driving your car or truck. Claims
against this coverage include all reasonable hospital, surgical, chiropractor, X-ray,
dental, professional nursing, prosthetic, and funeral expenses. It will also cover you
or members of your family if you are hit by a car when you are walking or if you are
riding in another car or truck. This coverage will pay for your medical and funeral
expenses even if you cause the accident. The coverage is often limited to medical
care you get in the first one, two, or three years after the accident and is limited to a
specific dollar amount. This is not a required Auto Insurance coverage in Florida.
an at-fault driver who has no auto liability insurance. This coverage is not
required for Auto Insurance in Florida. Contact us at 561-620-0900 to discuss
what uninsured coverage amounts you require to meet your family and personal
needs.
Florida requires a minimum of $10,000 of (PIP) or personal injury protection
coverage. This coverage pays medical bills for injuries suffered in an auto
accident regardless of who caused the accident.
Pays 80% of all reasonable expenses for necessary medical, surgical, x-ray,
dental and rehabilitative services, including prosthetic devices, wheelchairs,
crutches, slings, neck braces and splints (including necessary travel related
to medical care.)
Covers damage caused to the owners auto from a collision caused
by another auto or other object. The deductible is the amount you
choose to pay upfront (if any) before the auto insurance policy pays.
The higher the deductible chosen the lower the collision coverage
cost within the car insurance policy.Necessary remedial treatment
(nursing home care or home nursing care). Pays 60% of gross income
loss caused by inability to work because of an injury suffered in an accident.
$5,000 death benefit
Comprehensive:
Covers damage caused to the insured's auto (your automobile) from risks such as theft,
fire, falling objects, earthquake, flood, missiles, explosion, riot and civil unrest. The deductible is the amount you choose to pay upfront (if any) before the auto insurance policy pays.
The higher the deductible chosen the lower the comprehensive coverage cost within the Florida auto insurance policy
One thing to remember regarding Collision and Comprehensive coverage is to keep in mind your vehicles value. Once your vehicle’s value drops beyond a certain benchmark, neither coverage may be worth owning. One rule of thumb to assess this value: If the insurance premium equals ten percent of your vehicle’s value, you might want to drop the extra coverage.
