Requirements For Florida Non-Resident Insurance Licenses
Florida Non-Resident Insurance Licensing is a necessity for every person living in Florida who wishes to get insurance. It also applies to people moving to Florida as well.
Florida residents and those wishing to remain in the state must be licensed. Nonresidents of the state are not allowed to own, operate, or lease any kind of automobile, boat, yacht, tent, recreational vehicle, or other motor vehicle in the state of Florida. Also, they cannot live in any mobile homes, trailer, mobile home, manufactured home, or other type of housing that is built on land.
A Florida Non-resident License is obtained by paying a fee to the Department of Financial Services (DFS). The license is valid for a year. The license may be renewed upon completion of a specific number of years.
A person who has obtained his/her Florida Non-resident License must abide by the laws in his/her state of residence, which includes licensing and insurance requirements, licensing requirements, and insurance coverage. However, there are gimgoi.com where the Non-residents of Florida can still obtain insurance. Non-residents of the state may purchase general liability and property protection insurance through a broker and will also have access to insurance providers in the state of Florida.
Those with their Florida Non-resident License are now able to begin purchasing their insurance in Florida. Although the Department of Financial Services will only accept a policy from a licensed insurer, no licensed insurers will be unable to offer you the same policy coverage as licensed insurance companies.
The Department of Financial Services will only approve an applicant for insurance that provides the proper coverage level in Florida for the state residents that will be obtaining insurance through that company. In order to be sure of your insurance needs, it is wise to discuss your needs with a licensed insurance broker. They will provide you with information regarding the various kinds of policies that are available to you and will help you choose the policy that is best for your needs.
When considering an insurance company, make sure that they are licensed by the Department of Financial Services (DFS). Some insurance companies may also offer insurance in other states, but the policy must be provided and renewed by the Florida Department of Financial Services. Others will offer coverage in Florida only, but may not have a license to do so in the state where you live. Therefore, you must be sure you are receiving the proper policy in Florida.
By law, the insurance company that you select must have a Florida Non-resident Insurance License in order to sell insurance to residents of Florida. There are other requirements that must be met as well before your license is renewed, and these requirements are explained below:
You will need to pass a physical examination before you are granted your Florida Non-resident Insurance License. This test is administered at a Department of Financial Services office and can be conducted by a licensed medical doctor. The doctor will give you a physical examination, review your medical history and current medical condition, and review all documents that you may have concerning the subject of the physical examination.
You must submit to a criminal records check for any company that you intend to work with, even if that company is licensed in Florida. You must be prepared to prove that the company is a "fit and proper person" to offer insurance in Florida. by submitting to background checks and a criminal records check.
You must prove that the company will cover all the types of health insurance you require, such as life, hospital, dental, medical and nursing, long-term care, and vision insurance. The policy must also cover your automobile, and home insurance, if you already have a home or auto insurance from an insurance company in Florida. If gimgoi.com does not provide those types of insurance, you must find another provider for that type of insurance.
To learn more about obtaining Florida Non-resident insurance licenses, contact a licensed insurance agent who will provide you with all the information you need on what type of policy is right for you and your needs. Remember, when looking for a company to obtain insurance through Florida, make sure you are receiving the right policy, and are receiving the correct coverage, for the right price.