Specializing in personal automobile insurance with the necessary restrictions, Ocean Harbor Insurance provides a complete set of car insurance coverage with a few Add-ons including protection hit & run. Starting in 1994 in Florida, the company negotiated all contracts of insurance through an agent implementers, Pearl Holding Group.
It did not sell and underwrite all policies online or by direct application, but through independent agents. For customers, purchasing and negotiating insurance through independent agents better by paying attention to the transparency and choice of products. Agents working on behalf of clients, and they do not receive any compensation for any policy that they sell.
Although the choice of coverage from insurance companies all seem the same, some of the factors affecting premiums and restrictions.
Choice of coverage by Ocean Harbor Insurance are as follows.
The Scope Of The Obligation
Florida is one of the States in the U.S. to apply rules of insurance without error. In case of an accident, the insurance company covers medical bills for treatment and rehabilitation for clients, no matter who was wrong. Most States in this country require two different types of liability coverage including Liability Liability injuries and property damage Liability. The first are not required in Florida because the insurance companies have a responsibility to bear the costs of medical care for clients without determining whether the customer is wrong or not. The minimum requirement for the coverage of the liability of the State is, therefore, the Property Damage Liability (PDL) with the minimum $10,000.
PDL from Ocean Harbor Auto Insurance covers the cost of the damage caused by the policy holder in the crash, other people's property, such as cars and buildings. Exceptions to this scope are:
1. Private vehicle policyholders, which is available for use by other members of the House. Unless an insurance policy to determine the name of the other drivers, the protection does not apply
2. Vehicles with less than four wheels
3. Claims for injury to a family member
Personal Injury Protection
No-fault's insurance regulation is possible because Florida requires every driver to include Personal Injury Protection (PIP) in the insurance policy. With this coverage, Ocean Harbor Insurance provides financial protection after an accident for medical expenses, loss of income, household, replacement services and benefits. Treatment costs take largest share of up to 80% of the limit of coverage while losing revenue requires 60%.
If there are any remaining amount of the limit of coverage after deducted by one or both of the two goals, the company gave it to two other services. The only exception to PIP is any injury that occurs because of a car accident in the car your family members that are not specified by the insurance policy.