Boat owners need to carry boat insurance if they want to avoid potential expenses. McCormick Insurance Inc. offers boat insurance coverage to those who enjoy watercraft activities in Pembroke Pines, FL. 

The following are three types of boat insurance coverage you need to carry for financial security and stress-free water sports enjoyment. 

Liability coverage

Liability coverage protects you if you are held responsible for any accident damage that results from your boating activity. This type of coverage can cover both property damage and bodily injury costs. 

Many marinas require liability coverage, so it’s an essential type of coverage to carry. 

Boat collision and comprehensive coverage

You can protect the value of your watercraft with boat collision and comprehensive coverage. These types of coverage ensure that your insurance provider will pay for repairs to your watercraft in various situations.

It’s important to realize that collision and comprehensive coverage are separate. Boat collision coverage covers you for boating accident damage. On the other hand, comprehensive coverage covers you if your boat is damaged due to theft or various types of incidents. 

Additional coverage features

Investing in additional coverage types, such as uninsured boater coverage, oil spill cleanup, and towing expense coverage, is very useful. As an adventurous boater, you never know what can happen, so investing in additional coverage features is always a good idea. 

You’ll enjoy financial security on the water if you carry the boat insurance mentioned above. We can help you get coverage in Pembroke Pines, FL at McCormick Insurance Inc. Get in touch today to learn more. 

In the United States, movable or specialized property types are indemnified under inland marine insurance. This type of insurance has a long history, developing from ocean marine insurance. Property covered by this category of insurance includes construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras and movie equipment, musical instruments, and much more.

How does inland marine insurance differ from other property insurance policies?

Inland marine insurance is different from other property insurance policies because it covers movable or specialized property types. This type of policy is designed to protect property not typically covered by other policies, such as construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras and movie equipment, musical instruments, and much more.

Who needs inland marine insurance?

Anyone who owns property that could be damaged or lost should consider purchasing inland marine insurance. The cost of this type of policy varies depending on the size and value of the insured property.

Benefits of having inland marine insurance include protection against damage or loss, coverage for repairs or replacement costs, and reimbursement for expenses incurred while repairing or replacing damaged or lost property.

How do you file a claim?

If you experience a loss or damage to your property, you should file a claim with your insurance company as soon as possible. Be sure to have all the necessary information, including the policy number, description of the lost or damaged items, and receipts for any expenses incurred.

Contact us today!

If you have questions about your inland marine insurance policy, call us at McCormick Insurance Inc. today. We proudly serve the Pembroke Pines, FL area.

When you have insurance for your home and vehicle, you might not have the full coverage you need. Home and auto insurance policies often come with less liability coverage than you really need. Medical and vehicle repair costs have been rising, and you might not have enough liability coverage to keep up with those costs. Contact us at McCormick Insurance Inc. in Pembroke Pines, FL to get umbrella coverage to fill in the gaps.

More Liability Coverage

Having home and auto insurance is vital for protecting your most significant assets. However, a severe accident can wipe out all of your liability coverage and more. After your policy has paid as much as it can, there may still be medical and other bills left over that you have to pay. The best way to protect yourself is to get more liability coverage. However, getting more coverage on your auto and home policies can be prohibitively expensive. A far less expensive option is to get umbrella insurance to add liability coverage to both policies. 

Paying the Overage

The first thing that happens after an accident is that your auto or home policy, whichever is relevant, will come in and pay for the resulting bills of the other party. However, once the policy has paid out its limit, anything else doesn’t have to be paid by you when you have an umbrella policy. When there is an overage left by your home or auto policy’s limit, your umbrella insurance comes in and pays for those leftover bills. This can save you an enormous amount after an expensive accident, and it isn’t costly coverage.

Get Umbrella Insurance

Call us at McCormick Insurance Inc. in Pembroke Pines, FL if you want to be better covered.

Many think their homeowner’s or auto insurance will cover their recreational vehicle (RV) when they take it out on the open road. Unfortunately, this is not always the case. While some homeowner’s policies offer some coverage for RVs, it is usually not enough to fully protect you in an accident or other incident. This is why having a separate policy for your RV is so important. But how much insurance do you need?

The Value of Your RV

The vehicle’s value is one of the most critical factors in determining how much insurance you need for your RV. The more valuable your RV is, the more coverage you will need. You should always insure your RV for at least its replacement value—the amount it would cost to replace it if it were totaled in an accident. Your McCormick Insurance Inc. agent can help determine your RV’s replacement value.

Your Location

Your location in Florida also affects how much insurance you need. If you live in an area with a high risk of heavy hurricane damage or other natural disasters, for example, you will likely need more coverage than someone who lives in an area with a low risk of such events. This is because there is a greater chance that your RV could be damaged or destroyed by a natural disaster if you live in a high-risk area.

How Often You Use Your RV

Another critical factor to consider is how often you use your RV in Pembroke Pines, FL. If you only take it out a few times each year, you may be able to get by with less coverage than someone who uses their RV on a more regular basis. This is because there is less chance that something will happen to your RV when it is not used as often.

Contact McCormick Insurance Inc. to discuss your particular needs and to get a quote for RV insurance.

No one wants to think about their death, let alone the death of a loved one. But if something happens and your loved one does pass away, you want to know that their life insurance policy will cover funeral expenses and other final bills, helping to ease the financial burden at an already difficult time. McCormick Insurance Inc. is here to answer the hard questions.

Unfortunately, some conditions could disqualify your loved one from receiving a life insurance payout. 

Criminal Activity

One of the most common reasons why life insurance payouts are denied is because the policyholder was engaged in criminal activity when they died. 

Natural Causes

Most people expect their life insurance policy to pay out if they die of natural causes. However, that’s not always the case. For instance, if your loved one died directly from failing to take medication for a pre-existing condition, their life insurance company may refuse to issue a payout.

Suicide

It’s also important to be aware that many life insurance policies have clauses that void coverage in the event of suicide. So if your loved one took their own life, their family would not be eligible to receive a death benefit.

Drug and Alcohol Use

Another factor that could impact whether or not you receive a life insurance payout is drug and alcohol use. If your loved one dies under the influence of drugs or alcohol, their life insurance company may refuse to issue a payout. In some cases, policyholders are required to take regular drug tests to keep their coverage active.

Conclusion

If you have questions about life insurance in Pembroke Pines, FL, contact McCormick Insurance Inc., and we will find answers.

If you live in Pembroke Pines, FL, it is essential to know which flood zone you live in. Why? First, if you live in a high-risk flood zone, you need to have an evacuation plan for hurricanes, flash flooding, and other emergencies. Second, if your home is not adequately insured, you could risk losing everything should a flood occur. This blog post will show you how to determine which flood zone you live in.

Determining Your Flood Zone

First, visit the Federal Emergency Management Agency’s (FEMA) website. On the main page, type in your address or a nearby landmark. Once you hit enter, a new page will load with information about your property. Scroll down to the "Flood Hazard Information" section and look for the "Map Number." The number next to "Map Number" is your flood zone designation.

The next step is to visit your insurance agent to ensure that you have adequate coverage should a flood occur. If you do not have insurance or your policy does not cover floods, now is the time to get it. You can also purchase flood insurance through the National Flood Insurance Program (NFIP).

How McCormick Insurance Inc. Can Help

If you live in Pembroke Pines, FL, you should know which flood zone you live in. Remember, it is vital to have adequate insurance coverage if you live in a high-risk flood zone. If you do not have insurance, now is the time to get it. Call McCormick Insurance Inc. today, and we can help you purchase flood insurance through the NFIP or a private company.

For insurance laws and other regulations, motorcycles are treated as a separate class of motor vehicles. Any motorcycle rider in Pembroke Pines, FL will need motorcycle insurance, even if they already have an auto insurance policy for the cars they own and drive. However, there are also insurance options for motorcyclists that can vary based on each person’s needs. Here is a basic overview of motorcycle insurance requirements. Our agents at McCormick Insurance Inc. can provide more specific details to anyone who needs help. 

Liability insurance is required.

Like drivers of standard cars, motorcyclists must have at least a basic liability policy to protect others from the damage they cause during an accident. This means that the insurance provider will pay for most or all of the damage so that the person does not have to pay for the losses if there is a lawsuit related to the crash. Florida law requires several thousand dollars of protection for injuries and property damage caused by the motorcycle operator, which is built into all liability policies. 

There are additional coverage options.

Anyone who has a motorcycle that is financed should get collision coverage. The collision policy will help ensure a damaged vehicle can be repaired shortly after the accident. This type of coverage means that the owner will only have to pay a deductible out of pocket, then the insurance company covers the rest. A motorcycle can also carry comprehensive coverage as another policy option. This protects against things like theft and damage unrelated to motor vehicle accidents. Each individual should discuss their insurance needs with an agent to see if they need this coverage. 

Getting motorcycle insurance

At McCormick Insurance Inc., we can provide more information about motorcycle insurance to anyone who needs assistance. Don’t hesitate to contact our agents, who serve Pembroke Pines, FL, to set a policy or ask questions.

Inland marine insurance covers the property not typically covered by standard homeowners or commercial property policies. This type of policy is often used by businesses that operate in multiple states, as it can provide protection for their goods no matter where they are located. 

However, before purchasing a policy, you should be aware of some common inland marine insurance exclusions. This blog post will discuss the most common exclusions and what you can do to protect yourself from potential losses.

1. Property Transported by Plane, Helicopter, or Boat

If your property is being transported by an aircraft, watercraft, or boat, it usually isn’t covered under an inland marine insurance policy. You see, these types of policies are designed to cover property that is transported via land. So, if you’re shipping your belongings overseas or sending them via UPS, you’ll need a different type of policy from McCormick Insurance Inc. 

2. Property in the Care, Custody, or Control of a Common Carrier

If you’re shipping your belongings via UPS or FedEx, they are technically considered to be in the care, custody, and control of a common carrier. They usually aren’t covered under an inland marine insurance policy.

3. The Vehicle Transporting the Property

The vehicle transporting your property is also not covered under an inland marine insurance policy. So, if your car breaks down or is in an accident while transporting your belongings, the damage to your belongings probably won’t be covered.

4. Weather-Related Damages

Inland marine insurance policies also exclude damages caused by weather events in Pembroke Pines, FL, such as floods, hurricanes, and earthquakes.

Conclusion

If you’re looking for coverage for your belongings while they’re in transit, McCormick Insurance Inc. can help. We offer various insurance policies that can provide the coverage you need. Come to our offices in Pembroke Pines, FL, or give us a call today to learn more.

If you own a drivable RV, you must carry RV insurance that meets Florida’s minimum requirements. Our Pembroke Pines, FL team at McCormick Insurance Inc. can help RV owners legally get the insurance they need to drive in Florida. 

Florida RV Insurance Minimums

RV owners who own a motorized RV must carry a minimum of $10,000 in personal damage liability coverage and $10,000 in personal injury protection. Also, motorized RV owners must purchase liability, comprehensive, and collision coverage. We can help you determine how much coverage you need to suit your unique situation. If you own a driveable RV, your insurance requirements are similar to automobile insurance requirements. In Florida, insurance isn’t a requirement for non-motorized RVs.

Other Requirements

RVs must be registered within thirty days of purchase. Florida state law also requires RV owners to title and register their RV ten days after relocating. However, your RV must meet the licensing requirements set by the Florida Department of Highway Safety and Motor Vehicles. RV owners are also required to title and register their RV within ten days of:

• Your child’s public school attendance
• Of employment
• Establishing residency

Our team at McCormick Insurance Inc. can help you explore your RV insurance options. We can answer all of your questions and make recommendations. We can also help you obtain insurance that meets Florida’s state minimum requirements and add any additional options that may fit your unique situation. If you have questions regarding insurance for your RV, call us. We’re happy to answer all of your questions. Our Pembroke Pines, FL team at McCormick Insurance Inc. is here to help you get the RV coverage you need.

Florida boaters aren’t required to carry boat insurance. However, it may still be unwise to be uninsured as a boat owner. Our team at McCormick Insurance Inc. is committed to educating Pembroke Pines, FL boaters on the benefits of boat insurance. We’re informing residents about the financial liability that comes from boating accidents if you’re uninsured. 

Florida Boating Laws

Boat owners aren’t required to carry boat insurance in Florida. However, if you don’t own your boat outright, your lienholder will likely require you to have boat insurance. Boat insurance ensures that the loan/lien holder is covered if something happens to the boat. Also, some marinas may require boat owners to have boat insurance to cover a possible accident. 

Other Considerations

Many boat owners would be unprepared to replace their boats if they were in an accident. Many owners would be unprepared to cover property damage and medical bills for anyone injured if at fault. An uninsured boat owner could be financially responsible if found liable for a boating accident. Car accidents can be expensive to cover out of pocket. Boating accidents are no different. An uninsured boat owner absorbs all the costs of any potential accidents that they may cause. Property damage, medical bills, and damage to another person’s boat or your own are all expenses you could be required to cover.

If you have questions about boating insurance, we can help. We’d be happy to answer your questions. We will discuss the benefits of boat insurance and situations that may occur if you don’t have insurance. We want you to be informed. Give our Pembroke Pines, FL team at McCormick Insurance Inc. a call; we’re standing by.