Del Toro Insurance
Fomentando el camino hacia la industria de los seguros
América TV captó todo lo que fue el fórum y la celebración de los 25 años de Del Toro Insurance. Con Del Toro Insurance tienes todo lo que necesitas para estar bien asegurado y además crecer profesionalmente con tu propia franquicia. Si eres emprendedor y quieres asegurar tu futuro empresarial con una marca consolidada!! Esta es tu oportunidad, completa el formulario y uno de nuestros agentes se estará comunicando contigo con todas las dudas que tengas para emprender tu negocio.
Annual Convention of the FAIA
June, 2024
As part of our participation in the 2024 Convention of the Florida Association of Insurance Agents FAIA held in Orlando, Del Toro Insurance held a seminar to promote the growth of the insurance industry through franchises. Entrepreneurs and business owners participated in the event.
Del Toro Insurance 25th Anniversary
Del Toro is a family business and that has defined much of the path it has traveled to this day. The main reason for starting out in this industry has been to contribute to a community that needs us and with which we feel an eternal commitment. Growth would not have been possible without the support and permanent exchange with our community whom we have tried to serve with immense respect.
On the other hand, we have tried to provide a service that is also deeply rooted in family values because we consider that targeting the well-being of families in a society that is transforming day by day is essential. We have simply delivered transparency, honesty, trust and loyalty, which I believe have really been the key to being able to treasure the preference of our clients over the years.
Time really passes very quickly. We began our journey in a small office located in the west of the county. Today we are a solid company with a commercial presence throughout the state of Florida and an increasingly large group of franchisees who have opted to be part of the Del Toro family, making our business model their own. To our pride, the vast majority have been families that have turned to entrepreneurship and that, today, replicate those values of transparency, honesty, trust and loyalty to their clients.
Sep 10, 2023
Undoubtedly, the cost of auto insurance in Florida has become significantly higher over the last few years. The main thing associated with the sudden rise in inflation affects not only Florida but the entire United States. If you live in Florida you may be asking yourself, “Why are auto insurance rates increasing?” Let us try to shed some light on that question for you.
Inflation refers to a situation whereby the general cost of goods and services increases substantially over time, negatively impacting the purchasing power of money. Nearly five years ago, the cost of automobile insurance Florida was about $80 per month or $900 annually for minimum coverage.
This has increased by roughly 40% since that time. Today, in 2023, the current cost of auto insurance in Florida is approximately $115 monthly or $1,380 yearly. The significant difference is mainly linked to the impact of inflation on auto insurance premiums due to:
Besides inflation, other factors substantially drive the increase in Florida’s auto insurance premiums. First, the growing population across Florida directly translates to an increase in auto insurance premiums as the number of road accidents and claims doubles.
The increased number of insurance fraud cases in Florida–revealed through exaggerated claims and staged accidents–has led to a rise in auto insurance premiums as companies seek to protect themselves against fraudsters.
Policyholders may also be required to pay more for the legal processes of obtaining evidence connected to an insurance claim. Other factors driving the escalation of auto insurance premium costs in Florida are the type of coverage, weather conditions, frequency of accidents in a specific location, and type of vehicle.
According to a report compiled by the U.S. News1, 61% of Floridian drivers use their vehicles less due to the rising cost of car insurance premiums. Increased auto insurance premiums have brought various challenges to Floridians, including having to strain their monthly budgets to fit the intense expense alongside others.
Many drivers have also embraced limited auto insurance coverage options that sometimes may not fully protect them. Some Floridian insurance companies operate with a fear of fraud as there are those policyholders who try to reap where they didn’t sow.
High auto insurance premiums translate to an overall increased cost of transportation; hence, it becomes a challenge to Floridian commuters. The number of under- or uninsured motorists has increased significantly due to the rising cost of auto insurance, which is risky to drivers, motorists, pedestrians, and properties.
Everyone is feeling the effects of the rising rates of auto insurance, including policyholders, insurance companies, commuters, drivers, and the state. However, the burden is slightly heavier for policyholders, as they must have auto insurance. Florida requires this insurance for all drivers in the state. Therefore, some percentage of monthly earnings go toward car insurance premiums.
As an auto insurance policyholder, it is possible to find reasonably priced insurance during these tough economic times. Here are a few helpful tips:
By understanding the relationship between inflation and auto insurance premiums in Florida, you will be able to make a more informed decision regarding insurance coverage. Remember, acquiring low-price insurance coverage doesn’t necessarily translate to savings. Look for highly reputable companies such as Del Toro Insurance for their expertise in obtaining appropriate insurance coverage for your unique situation. They serve the following areas: Hialeah Gardens FL, Margate, FL, Homestead, FL, Palmetto Bay, Cutler Bay, Hialeah Gardens, FL, North Miami Beach, Coral Gables, Hialeah, FL, Naples, FL, Miami, FL.
Locations
Contact
