Overwhelmed by Insurance Terms?
Dwelling Coverage Provides funds to replace or repair the structure when damage is caused due to a covered peril.
Replacement Cost This will replace your belongings with like kind and quality.
Actual Cash Value Replacement cost less depreciation.
Dwelling Extension Provides coverage for damage caused by covered perils to structures separate from main dwelling such as garages or sheds.
Personal Property Coverage May pay to replace the personal contents of your home that are not permanent parts of the dwelling. Coverage only applies in conjunction with a loss caused by a covered peril.
Loss of use This coverage can provide financial assistance to you while your home is being repaired and is unlivable as a result of a covered loss.
Personal Liability May protect you, your spouse, and resident relatives under age 21 for claims you’re legally obligated to pay resulting from things such as injury, sickness, disease, and death. The coverage may also include the cost of defending claims against you.
Medical Expense May pay for non-residents injuries that you are legally responsible for.
Life Insurance Terms
Term Life Insurance Term life insurance provides protection for a specified period of time. Terms of 10,15, 20 and 30 years are available. Term coverage is generally less expensive and provides a fixed price for the term and coverage amount selected. Additional riders can also be added to meet your family’s individual needs. Furthermore, term life insurance may be convertible to permanent coverage, providing you with flexibility as your needs change.
Whole Life Insurance Whole life insurance is a form of permanent life insurance that remains in force for your entire lifetime, provided premiums are paid as specified in the policy. Many whole life insurance policies also build cash value over time.
Universal Life Insurance Universal life is a form of permanent life insurance characterized by flexible coverage and premium amounts. Universal life can build cash value, which earns an interest rate that may adjust periodically, but is usually guaranteed not to fall below a certain percentage. If managed properly universal life insurance can remain in force for your entire lifetime.
Auto Insurance Terms
Liability Coverage Protects you in the event that you unintentionally cause injuries to other drivers or damage to other vehicles or property.
Uninsured and Underinsured Motorist Coverage Can provide coverage for medical costs, pain and suffering for bodily injury to you and others in your vehicle, if injury is caused by a driver with no coverage or not enough coverage.
Personal Injury Protection (No Fault) Required coverage under Florida’s No-Fault Law. Provides a percentage of first dollar medical expenses to you regardless of fault in the accident.
Medical Expense Coverage May pay certain medical expenses for injuries sustained while occupying your car, regardless of who is at fault.
Comprehensive Coverage May pay for damage to your car, less any deductible, caused by things other than collision or upset. (fire, theft, glass breakage, for example)
Collision Coverage May pay for damage to your car, less any deductible, caused by a collision with another object.
Towing & Labor This coverage may provide a limited amount of reimbursement for expenses such as towing or car repairs made at the site of vehicle disablement.
Rental Reimbursement This type of coverage provides limited reimbursement for a rental car used while your car is being repaired for a covered claim.
Why Goodlad & Swank?
Your Florida Insurance Team
Our Insurance Services
Goodlad & Swank has partnered with top rated insurance companies writing coverage in Florida for primary homes, secondary and seasonal homes, condo units, as well as property you own and rent to others.
Goodlad & Swank has partnered with some of the largest, most respected auto insurance carriers in the industry to provide coverage for cars, motorcycles, motor homes, and recreational vehicles.
Protect your family with the right life insurance coverage. Whether life insurance is needed for your family or your business we can help you find the right policy at the best possible price.
Our business is protecting your business from the risks you face everyday, whether your business is large or small. Call and speak to one of our licensed agents and find out how best to protect your business.
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To respect your time, office visits are by appointment only. Calls are welcome during office hours (8 a.m.-5 p.m.).
1415 Panther Lane Suite 416
Naples, FL 34109
5237 Summerlin Commons Blvd Suite 350
Fort Myers, FL 33907
702 Leeland Heights Blvd W.
Lehigh Acres, FL 33936