You can generally rest assured that your inland marine insurance is going to cover the bulk of the trip, that is, while your goods are being transported by truck or by train, you’re probably covered come what may. But, the trip from point A to point B isn’t always so simple. Once your goods arrive at your warehouse in Pembroke Pines, FL, you may be breaking the shipment up to send out to various businesses around town by truck, car, and van. So when does your insurance policy first kick in, and when does it end?

The Long Haul

Typically your marine inland insurance covers you in two areas:

• The long-haul transit from point A to point B, and…
• Any time your goods are stored anywhere along the way, not at a facility that you own or operate.

This means that if your driver parks your goods in a warehouse for another driver to pick up the next morning, you’re covered for the night. You don’t have to worry about a company like McCormick Insurance Inc. telling you that you’re out of luck because your goods were damaged in a warehouse fire, and not on the road.

You’re typically not going to be covered after your goods arrive at your own place of business in Pembroke Pines, FL. Once your goods have reached point B, your insurer’s job is done.

Some companies may offer extra protection once those goods arrive and start going out for delivery, but marine inland is focused more on the long-haul than on local deliveries. In any event, you’ll want to call your insurer and find out before assuming that your goods are covered for local trips.

You have a lot riding on the line when shipping, so call McCormick Insurance Inc. and get covered.

Very few youths in Pembroke Pines, FL think about life insurance. Who thinks of dying anyway? Well, the truth is that no one is too young to buy insurance. When it comes to building a strong financial foundation, buying life insurance makes a lot of sense, especially if you have a young family. Insurance experts at McCormick Insurance Inc. admit that being young has a significant financial advantage when purchasing life insurance.

The younger you are, the less expensive it gets

Insurance companies focus on risk factors when considering a life insurance applicant. They have to establish the likelihood of an applicant’s chances of making a claim at some point where the company will need to pay a death benefit upon their demise. The longer you hold a life insurance policy, the more capital it accumulates. In simple terms, your insurance company wants you to live longer!

The healthier you are, the less expensive it gets

While age is a prime factor, how healthy you are is also a determining factor on whether your life insurance policy will be more expensive or not. In fact, health is more important than age in the insurance world because even young people get sick, which could result in early death. Your insurance company will pay a lot of attention to your medical history as well as any underlying conditions or lifestyle that may be life-threatening like alcohol abuse or smoking. If you have any of these conditions, whether young or not, your insurance premiums may go up to 10 times more than for other healthy individuals.

Buy now and wait, don’t wait and buy

Life insurance for young adults is not a one-size-fits-all type of insurance. There are very many considerations to be done beforehand. You may need to talk to an insurance expert at McCormick Insurance Inc. who will help you narrow down your choices. Feel free to visit us at Pembroke Pines, FL today!

So many people and businesses in the Pembroke Pines, FL area continue to shop around for umbrella insurance, but should you be joining the train? What is the real value of an umbrella insurance agency and is it something that is worth it for you as an individual, or as a business owner?  

There is a lot of good that can come from an umbrella insurance policy. With umbrella insurance, you are putting a big blanket of coverage over your existing policies. The minimum limit on an umbrella insurance policy is usually $1 million and this goes above and beyond what you already have for, say, an auto insurance policy.

Say you are in an auto accident and you are liable for the accident. You are paying or the damages of the other car, as well as the medical bills of the person. If the accident and whom you are liable towards is someone such as an executive, or someone with high assets, their bills could exceed the auto insurance limits. If you have no umbrella policy, you are on the hook for those costs on your own, versus having an insurance company pay them on your behalf.

Umbrella insurance can help to protect you against lawsuits, as well as other related liability. Other coverages will help with include legal fees, property damages, and more. What it will not cover is things such as worker’s compensation claims as well as damage you cause intentionally. With umbrella insurance, it makes all the sense in the world to make the purchase to give you peace of mind. Work with the McCormick Insurance Inc. group to be better prepared for your umbrella purchase today.

Flood insurance is a government program designed to protect homeowners from damages to their home and property resulting from a flooding event. In some cases, laws may require a homeowner to purchase flood insurance if they live near a body of water such as a coastline, river, or lake. To find out if this type of coverage is required, consult with the finance company as well as a reputable flood insurance provider in your area. 

Is Flood Insurance Required?

In most cases, the client’s real estate agent, as well as the finance company will relay requirement pre-purchase to the buyer so they can complete the transaction. Any potential buyers who have questions about restrictions and requirements in a certain area can consult an experienced home insurance agent to find out what the situation for each potential home is. 

Working With an Agent

The best way to find out if flood insurance is necessary for an area is to work closely with an insurance agent who is familiar with the area. Those who are considering moving to Pembroke Pines, FL should consult with McCormick Insurance Inc. to find out which properties need flood insurance. Their agents are highly experienced and can guide clients through the purchase process and explain all of the terms and conditions so they can be informed. 

Those who are considering making a home purchase in the Pembroke Pines, FL area should consult with McCormick Insurance Inc. to get answers to their questions, as well as help with the selection process and more. Call or stop by today to get started with the process and help protect your investment. 

Pembroke Pines, FL is a wonderful place to live and do business but even in the most idyllic location that are things that can go wrong. That is why you have insurance. All types of insurance have set limits to the liability portion of the policy, business commercial insurance is no exception. Whether you are a large business or a small one, excess insurance is something that you may want to consider. At McCormick Insurance Inc. we are here to help you to make this important decision. 

Some people confuse excess insurance with umbrella insurance. In some ways they are the same, they both raise the liability limit above the original limit of the primary policy. They both do not stand alone, they are used in conjunction with another policy that you own and they are always the secondary line of defense. The purpose of the excess insurance is to fill any gaps that may exist in your coverage, It does not add additional coverage it just extends the coverage you have. Unlike umbrella insurance, it will not cover anything that is not covered in the original policy and it is specific to one particular policy, not all your policies. 

No matter what business you are conducting, you are vulnerable to having the need for liability coverage. With the addition of excess insurance, you are able to customize the insurance that you have to fit your needs. 

When you own a business in Pembroke Pines, FL even the gorgeous weather can’t protect you from all the things that can happen to you. You need to have commercial insurance to protect you and there may be circumstances that make getting an excess policy desirable. The experienced team at McCormick Insurance has the expertise to help you to make sure that your business and your assets are safe. 

Home insurance is one of the most common forms of insurance for people in the Pembroke Pines, FL area. While this type of insurance is fine for someone that is looking to buy a home and move right in, those that are getting one that will need some work and will be vacant for a while should also consider builders and vacant risk insurance. This insurance will cover you in several different ways.

Covers Home During Vacancy

If you buy a home and do not plan on moving in for some time, whether it is because the property is being renovated or moving will take a while, you should consider getting builders and vacant risk insurance. This type of insurance will insure you further during the period of time in which your home is vacant. It may be a requirement based on how long it will be vacant depending on your home insurance policy.

Covers Property Under Construction

Homes that are being built ground up or are being heavily renovated come with a unique set of risks. Due to this, you need the right insurance to protect against these risks. Builders and vacant risk will provide coverage for your home during the construction or renovation process. 

There are clearly many reasons why having builders and vacant risk insurance is a good idea for someone in the Pembroke Pines, FL area. If you need this type of insurance, working with a professional such as the team at McCormick Insurance Inc. will help get you into a great policy. The team at McCormick Insurance Inc. can help you by assessing your situation to determine if builders and vacant risk insurance are right for you. If it is, they can help you get into a policy that provides these unique protections.