FAQ's

VIG is  licensed to do insurance in Florida, Texas, North & South Carolina. We have insurance carriers to fit all needs and in the harder to place regions in these states as well.

There are many ways to not only lower your insurance premiums, but to help keep them affordable from year to year at your renewal.   

• Retrofitting your roof with hurricane straps or other protective measures can make your home or business more resistant to damage, which may result in lower premiums. Once you have taken these steps, your insurance carrier will require a Wind Mitigation Inspection or other form of proof to give you these additional credits to lower your policy premium.  These savings can be Very substantial.  A good agent will quote these potential savings for you before you retrofit your roof .
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• Reviewing your policy at renewal and adjusting deductibles and coverage limits are also ways to potentially lower your premium. Many carriers will automatically increase your policy limits to account for potential inflation.  It is important to pay attention to these increases as they may be more than what you need.  If they are excessive, or over insuring your home or business your agent can potentially endorse the policy to reduce the excessive limits and lower your premium with your signature and permission.
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• Shopping your policy each year as soon as you receive your renewal offer from your carrier. The insurance market is constantly changing and their may be better premiums and coverage available elsewhere. Be sure to Always call your lender once you receive your renewal to inform them you are shopping so they can place a temporary hold on any insurance premium to be paid until you have made a decision. This can apply to many of your policy types.

Your Condo association will insure the exterior of all of their buildings under one ‘master policy.’ As a condo owner, you are responsible for insuring the interior of your condo, which will include the interior walls, flooring, electrical, plumbing, etc. This means that the dollar amount of your dwelling coverage, (dwelling limits) would be less than that of a comparable single-family home. Most times the overall insurance costs are less as well for that area.

We offer commercial insurance options for all types of business, whether you need Worker’s Comp, Commercial Auto, General Liability, or Business Property coverage. We can write customized packages tailored to fit your business needs. To get started we will need preliminary information about your company, and if you have current insurance a copy of your “Loss Runs”, (prior claims history) from your current carrier. If you have a new or start up company, this would not be needed.

The short answer is yes, but it may depend. Although many carriers will only take an architectural shingle roof up to 15 years old, we still have many carriers in the state of Florida that will write homes and businesses with shingle roofs up to thirty years old.  Other states such as TX, NC, & SC, do have less strict guidelines than FL & LA when it comes to roof ages. We also have carriers that will exclude the roof if you happen to have an older roof or minor damage. For metal or tile roofs the age limit with most carriers increases anywhere from 25 to 50 years. With older roofs that are still in good condition, there are insurance carriers that will give ACV /  Actual Cash Value on the roof due to the age, but it is still insurable.

While technically most all properties reside in a flood zone, those categorized as Zone B, C, or X are typically considered to be at low or moderate risk. However, it's important to note that over 25% of flood claims originate from these lower-risk zones. Given that just one inch of floodwater can cause approximately $25,000 in damages, our agency strongly recommends that all homeowners and businesses maintain flood insurance, particularly since many policies are available for as low as $450 per year.