Robinson Insurance, Inc.

Home INSURANCE FAQ's

Q:

What is homeowners insurance?

A:

Homeowners insurance is a form of personal lines property insurance. The typical homeowners policy has two main sections:
1) covers the property of the insured and
2) provides personal liability coverage to the insured.

Q:

What do I need to know when purchasing homeowners insurance?

A:

  • Get the amount and type of insurance that you need.
  • Determine the amount of personal property insurance and personal liability coverage that you need.
  • Select any additional endorsements you want to add to your policy. For example, do you want the personal property replacement cost endorsement?

Q:

What is "actual cash value"?

A:

When "actual cash value" is used in a policy, a policy owner is entitled to the depreciated value of the damaged property.

Q:

What is replacement cost"?

A:

When "replacement cost" coverage is used in a policy, a policy owner is reimbursed an amount necessary to replace the article with one of similar type and quality at current prices.

Q:

Where and when is my personal property covered?

A:

Coverage C of a homeowners policy provides named perils coverage. This applies to all your personal property (except property that is specifically excluded).

Q:

Should I purchase sinkhole coverage?

A:

As the majority of Robinson Insurance customers are located in Melbourne or Indialantic in Brevard County Florida, sinkholes are not a major concern. However, it is comforting to know that every policy, as directed by Florida state legislature, includes catastrophic ground collapse coverage, which is what we consumers consider to be a legitemate "sinkhole." If you are purchasing in an area that has sinkhole history, it may be a good idea to also include the sinkole endorsement to your policy.

Q:

Should I purchase flood coverage?

A:

Yes, especially if your property lies in a flood plain as determined by US Government Flood Maps. Ask your Robinson Insurnace agent about a flood quote. Remember, flood coverage is never provided by a homeowners insurance policy.

 

List of Carriers

Protect What Matters Most

Robinson Insurance was established in 1959 on Fifth Avenue in Indialantic, FL by the Robinson family. Being family owned and operated for over 55 years, our office of experienced agents understands the challenges faced by Melbourne area insurance consumers. It is essential to have an agent in your corner that takes the time to properly analyze the various options open to you -- both insurance and non-insurance options -- and suggest the best alternatives for you, your family, and your company. Then, you're in a position to make a knowledge-based decision. 
There's a reason Robinson Insurance has been in business 50+ years!
Call us today!


(321) 723-1278 P | (321) 725-0212 F

RobinsonIns@cfl.rr.com

Hours: Mon - Fri, 8am - 4pm
Appointments Recommended

Click to Learn More about Trusted Choice Agents
Coastal Yellow Pages Find Us
Like us on Facebook!

 

Insurance News

Thu, 28 Aug 2014 12:33:02 +0000
Russian hackers attacked JPMorgan Chase & Co. and at least four other banks...
Thu, 28 Aug 2014 12:15:46 +0000
Robert Benmosche, who is stepping down this weekend after five years as Ame...
Thu, 28 Aug 2014 12:04:15 +0000
A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 bi...