FAQs

Soper Perez & Associates: Baxter Maria

Have an insurance-related question? We have the answer. Check out these FAQs and give us a call today for more information!

  • What does an insurance broker do?

    Soper Perez & Associates, your reliable insurance broker, represents you, not the insurance company. When seeking insurance services in Winter Springs, FL, we shop multiple carriers to find coverage that fits your needs and negotiate pricing and terms.

  • How are you paid?

    Most brokers are compensated via commission from the insurer for our insurance services in Winter Springs, FL. In select situations, some may also charge advisory or consulting fees, particularly for specialized or ultra-high-net-worth coverage.

  • Why use a broker instead of going directly to an insurance company?

    A broker compares multiple carriers, customizes coverage, and advocates for you in claims, making them a valuable option for insurance services in Winter Springs, FL. A direct insurer, on the other hand, only sells its own products.

  • How much home insurance coverage do I need?

    Coverage should match replacement cost, not market value. For coastal or luxury estates (like a $26M property in Fort Myers), extended replacement cost and specialty carriers may be required when seeking insurance services in Winter Springs, FL.

  • What is replacement cost vs actual cash value?

    Replacement cost pays to rebuild at today’s costs, while actual cash value reflects the replacement cost minus depreciation, an important distinction to understand when choosing insurance services in Winter Springs, FL.

  • Are hurricanes and floods covered?

    Wind and hurricane coverage depend on the policy and deductible, which is important to review when choosing insurance services in Winter Springs, FL. Flood coverage is typically separate and may be obtained through the National Flood Insurance Program or private markets.

  • What deductible should I choose?

    Higher deductibles reduce premium but increase out-of-pocket risk. High-net-worth clients often use percentage wind deductibles in coastal Florida as part of tailored insurance services in Winter Springs, FL.

  • How much liability coverage do I need?

    For affluent households, $1M auto liability is common, often layered with a $5M–$25M umbrella policy, especially when working with comprehensive insurance services in Winter Springs, FL.

  • What is umbrella insurance?

    Excess liability coverage sits on top of home and auto policies, protecting assets from lawsuits, and is often included in insurance services in Winter Springs, FL.

  • Does umbrella cover defamation or social media claims?

    Many policies for insurance services in Winter Springs, FL include personal injury (libel/slander), but the wording matters.