STEP (1)
Learn about what Insurance Coverages are Required
Program participants must secure and maintain specific insurance coverages AND properly include Auto Help Corporation as the lienholder on the policy [at all times].
Click on each tab below to learn more about these required coverages, deductibles, lienholder requirements and approved uses.
Click on each tab below to learn more about these required coverages, deductibles, lienholder requirements and approved uses.
PIP AND PDL [State Minimums]
In the state of Florida, to legally operate a motor vehicle, you must have at least $10,000 in personal injury protection (PIP) and $10,000 in property damage liability [PDL].
In the state of Florida, to legally operate a motor vehicle, you must have at least $10,000 in personal injury protection (PIP) and $10,000 in property damage liability [PDL].
COMPREHENSIVE PROTECTION
You are required to have Comprehensive Coverage on your policy in the amount of at least $10,000. Comprehensive protection will cover the vehicle for reasons other than a collision. This includes fire, theft, vandalism, wind, hail, breakage of glass, or impact with an animal. You must have this protection on the vehicle at all times.
This type of coverage will require a $250 deductible.
COLLISION PROTECTION
You are required to have Collision Coverage on your policy in the amount of at least $10,000. Collision protection will cover any damages to the vehicle caused by a collision with another vehicle or object. You must have this protection on the vehicle at all times.
This type of coverage will require a $250 deductible.
You are required to have Comprehensive Coverage on your policy in the amount of at least $10,000. Comprehensive protection will cover the vehicle for reasons other than a collision. This includes fire, theft, vandalism, wind, hail, breakage of glass, or impact with an animal. You must have this protection on the vehicle at all times.
This type of coverage will require a $250 deductible.
COLLISION PROTECTION
You are required to have Collision Coverage on your policy in the amount of at least $10,000. Collision protection will cover any damages to the vehicle caused by a collision with another vehicle or object. You must have this protection on the vehicle at all times.
This type of coverage will require a $250 deductible.
LIENHOLDER/LOSS PAYEE
Auto Help Corporation must be listed as the Lienholder AND Loss Payee.
The address on the policy should be: 7749 Normandy Blvd, #121-405, Jax Fl 32221.
ADDITIONALY INSURED
Some insurance companies will allow you to add the Lienholder to the policy as Loss Payee AND Additionally Insured.
Some carriers will may include Auto Help Corporation as an additionally insured party. Comparion will make this selection automatically for you. They will list Auto Help Corporation on the policy as Additionally Insured, Lienholder and Loss Payee.
Auto Help Corporation must be listed as the Lienholder AND Loss Payee.
The address on the policy should be: 7749 Normandy Blvd, #121-405, Jax Fl 32221.
ADDITIONALY INSURED
Some insurance companies will allow you to add the Lienholder to the policy as Loss Payee AND Additionally Insured.
Some carriers will may include Auto Help Corporation as an additionally insured party. Comparion will make this selection automatically for you. They will list Auto Help Corporation on the policy as Additionally Insured, Lienholder and Loss Payee.
If you are going to use the vehicle for income generating purposes, like delivering food or ridesharing, you must notify Comparion before engaging in these activities to ensure the policy will cover you and the vehicle.
If a claim occurs while conducting these activities and you failed to notify Comparion that you were conducting these types of activities, then it is highly likely that the claim will be denied.
You must tell the Comparion what your intended us of the vehicle, especially if that use changes. Comparion will document your file and make sure the insurance company you are bound to will cover you and the vehicle.
If a claim occurs while conducting these activities and you failed to notify Comparion that you were conducting these types of activities, then it is highly likely that the claim will be denied.
You must tell the Comparion what your intended us of the vehicle, especially if that use changes. Comparion will document your file and make sure the insurance company you are bound to will cover you and the vehicle.
STEP (2)
Apply for Insurance
Program participants must contact our insurance team [Comparion Insurance Agency] to start the application process. To ensure assigned vehicles are properly insured at all times, we have a dedicated insurance team who will work with you to secure the proper coverages at the best possible rates. This team will also monitor your policy and provide assistance, when applicable, to ensure compliance.
Comparion will take your information and look for the best possible insurance company who is willing to bind a policy for you.
Comparion will take your information and look for the best possible insurance company who is willing to bind a policy for you.
(352) 842-4362 Office [Mon-Sat] 9am till 5pm
(727) 855-6999 Mobile [Mon-Sat] 8am till 7pm
Email: [email protected]
(727) 855-6999 Mobile [Mon-Sat] 8am till 7pm
Email: [email protected]
List of Insurance Companies
- Bristol West
- Dairyland
- Foremost
- Gainsco
- Geico
- Kemper
- Liberty Mutual
- National General
- Progressive
- Safeco
- Travelers
STEP (3)
Comparion will Send us Proof of Insurance
Program participants are required to verify insurance at the beginning of the assignment, BEFORE taking the vehicle.
Comparion will handle the verification process.
Comparion will handle the verification process.
- They will bind your policy
- They will send us a verification letter
- They will send us your ID cards
- They will send us the declaration page.
ONE PAGE VERIFICATION LETTER
In order to process the Registration and Plate with the state of Florida OR RENEW it, we are required to submit a specific one page letter. The state of Florida will NOT accept the declaration page OR the ID cards for verification of insurance.
This one page letter must be in PDF format. It must be sent to us through email...NOT text. Comparion will email you and us this letter upon request.
ALTERNATE NAMES FOR THIS DOCUMENT
Insurance carriers may reference this one page verification letter as one of the following:
This one page verification letter must include the following points of information:
This one page letter must be in PDF format. It must be sent to us through email...NOT text. Comparion will email you and us this letter upon request.
ALTERNATE NAMES FOR THIS DOCUMENT
Insurance carriers may reference this one page verification letter as one of the following:
- One Page Verification Letter
- One Page Letter of Experience
- One Page Policy History Letter
- One Page Certificate of Insurance
This one page verification letter must include the following points of information:
- Insurance Company Name
- Insurance Policy Number
- Policy Holder(s)
- Limits/Coverages/Deductibles
- Year/Make/Model of the vehicles insured with VIN
- Policy Effective Date(s)
- Lienholder Name and Address
Comparion is responsible for managing your insurance policy to ensure the vehicle is covered at all times. An assigned vehicle shall not be driven without having valid, active and proper insurance coverages.
Comparion will contact you immediately if there is a problem with payments or with your policy. Comparion will also contact us and let us know if there are any issues.
If you fail to make a payment as scheduled we must take action quickly. We will have three business days to complete one of these steps:
**If you are unable to resolve the issue with a payment and successfully bring the vehicle back to our location within the given three-day period, you will be granted the opportunity to re-enter the program at a future date but there will be additional costs involved with re-engaging a new contract.
Comparion will contact you immediately if there is a problem with payments or with your policy. Comparion will also contact us and let us know if there are any issues.
If you fail to make a payment as scheduled we must take action quickly. We will have three business days to complete one of these steps:
- You make the payment, bringing the policy current and active.
- You return the vehicle to our location.
- The vehicle will be taken.
**If you are unable to resolve the issue with a payment and successfully bring the vehicle back to our location within the given three-day period, you will be granted the opportunity to re-enter the program at a future date but there will be additional costs involved with re-engaging a new contract.
Additional Options for Protection
Loan Lease Payoff (LLP)
Some insurance companies have LLP as an option that you can purchase or add to your policy. If your insurance company offers this benefit, you must secure LLP. The LLP coverage must be in place to provide coverage to Auto Help Corporation in case of a covered claim where your vehicle is determined to be a "Total-Loss". The insurance company will pay Auto Help Corporation the "Actual Cash Value" of the vehicle plus up to an additional 25% more. The insurance company will use the Kelly Blue Book (KBB) value a distinctively different value than the ACV. Using KBB not ACV plus 25% will increase the over-all payout toward what you owe on the vehicle.
Some insurance companies have LLP as an option that you can purchase or add to your policy. If your insurance company offers this benefit, you must secure LLP. The LLP coverage must be in place to provide coverage to Auto Help Corporation in case of a covered claim where your vehicle is determined to be a "Total-Loss". The insurance company will pay Auto Help Corporation the "Actual Cash Value" of the vehicle plus up to an additional 25% more. The insurance company will use the Kelly Blue Book (KBB) value a distinctively different value than the ACV. Using KBB not ACV plus 25% will increase the over-all payout toward what you owe on the vehicle.
Secondary Coverages and Benefits that are Highly Recommended
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Bodily Injury Liability
Bodily injury insurance will cover you and Auto Help Corporation in case of an accident where the parties in the other vehicle are injured and need medical attention. The insurance company will represent you and Auto Help Corporation in court if those injured parties decide to sue. The minimum requirement is 50/100 but we will request 100/300. If the cost for the 100/300 is not much greater than for the 50/100 we will instruct the agent to go with the 100/300. This coverage provides $100k per person and $300k per accident in bodily damages protection, $50k and $100k respectively. Towing Benefit It can be extremely comforting to know that if your vehicle is disabled that your insurance company has your back. Insurance companies offer two basic methods of paying out a towing claim. Complete a cost comparison and benefits analysis with our advising team to help you determine if this benefit and the extra cost is worth it or not. The best towing benefit will cover the cost of towing the vehicle immediately. We recommend securing a towing benefit where you have no out-of-pocket costs. The less attractive method insurance companies often offer is the..."wait-for-a-reimbursement". In most cases they cap what they will pay and require you to pay the full bill upfront with promise to reimburse you. If your assigned vehicle is disabled, you must call us FIRST, we will provide assistance in ordering the tow of your vehicle. Rental Car Benefit Having a rental car paid for by your insurance company when your assigned vehicle has been disabled, can be a huge benefit. Complete a cost comparison and benefits analysis with our advising team to help you determine if this benefit and extra cost is worth it or not. Avoid the reimbursement model when possible and secure rental car benefits where the insurance carrier sends you to one of their rental agencies and pay for the rental. If your assigned vehicle is disabled and you are in a rental vehicle provided by the insurance company, you are required to continue paying the normal program payments. |
The following insurance coverages are either required by the State of Florida or Optional coverages you can purchase...
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Uninsured Motorist Coverage
Uninsured Motorist Coverage is optional and is not required by state law. This covers you, your resident relatives, and the passengers in your covered vehicle. This coverage only applies if it is determined that the other driver is at-fault and has insufficient or no liability coverage. *Ask about the benefits of having Uninsured Motorist Coverages. Medical Payment Coverage This coverage is optional and is not required by state law. Covers you or anyone in your car in case of an injury, will pay medical related payments after your PIP is exhausted and will pay if the other party has insurance or not. *Ask about the benefits of having Medical Payment Coverages. |
LINKS THAT MATTER
- click here - Understanding Auto Insurance
- click here - Case Studies