Builders Risk and Vacant Remodel Coverage – What You Need to Know

Builders’ risk insurance and vacant remodel insurance protect materials used to build or update a structure. Review the coverage that each type of insurance provides. Then, select the one that is right for your upcoming construction or remodeling project.

Builders Risk

Builders’ risk coverage protects a construction project. It protects the structural materials being used and may also protect fixtures, fittings, and other accessories installed during the construction process.

Builders’ risk coverage is beneficial for projects involving structural changes. For instance, if an existing structure is going to have an additional room built onto the end of it, a builder risk policy would provide the level of protection needed during the construction process. 

Vacant Remodel

Vacant remodel coverage provides protection during a remodeling project. This type of coverage is beneficial for projects that will require modifying an existing building. However, vacant remodel coverage is only adequate for projects that will not involve any structural changes.


After choosing the type of insurance you need, decide how long you would like your policy to be active. Consider the type of project that you are going to be completing.

Factors such as inclement weather and other things could disrupt the project. Ensure that your insurance policy provides adequate protection throughout the construction project or remodeling process.

Contact McCormick Insurance Inc.

Both builders’ risk coverage and vacant remodel coverage will protect materials during an active project. Consult with one of our agents in Pembroke Pines, FL. A McCormick Insurance Inc. representative will match you with an insurance product that provides enough protection.

Do You Need the Protection of Excess Insurance?

Depending on your specific situation, you may want or need more insurance coverage than a typical policy provides. If you’re in the Pembroke Pines, FL area and have concerns about your level of coverage, McCormick Insurance Inc. can help. We’ll review your policies with you, and help you decide if excess insurance is the right choice. This differs from an umbrella policy and may provide better protection for your needs.

Excess coverage expands the limits you have on your policy, so you have more protection from claims. Most people think it’s the same as umbrella protection, but it’s not. The difference is that excess is focused on the actual policy and its expansion, whereas the umbrella is a separate policy that’s overarching and designed to come in after any of your covered policies have reached their limits. Umbrella also expands policy terms, while excess only expands coverage limits.

In short, your policy’s exact terms won’t change at all if you have excess coverage. The only difference is that your coverage limits will increase. Contractors and businesses generally use this kind of coverage because they want more protection for higher claims. If you’re operating a business and looking for additional protection and peace of mind, working with an agent can give you the support you’re looking for.

Contact us today at McCormick Insurance Inc. if you’re in the Pembroke Pines, FL, area and looking for excess insurance. We understand the importance of having enough coverage to feel secure no matter what kind of company you’re operating or the type of job you do. The first step to making sure you’re protected is to get in touch with one of our agents for a policy review.

Insurance Upgrades For Your Refurbished Watercraft

Boat Insurance: Secure Your Refurbished Boat in Pembroke Pines, FL

Refurbishing your boat not only enhances its appeal but also increases its value. This enhancement invariably necessitates a reevaluation of your current boat insurance coverage. And who better to guide you through that than an expert agent at McCormick Insurance Inc.?

Highlighting the Importance of Boat Security

Refurbishing often includes integrating advanced security features, offering added protection against theft, vandalism, and natural disasters. Detailed documentation on these upgrades will help modify your insurance policy to capture these enhancements adequately.

Insurance Implications of New Structural Materials

Refurbishment may introduce new, costlier structural materials to your boat. These materials should be included in your updated insurance policy as they are prone to theft and damage. Therefore, it is vital to keep a thorough record of them.

Mitigating the Risks of New Equipment

Some of the fascinating upgrades in refurbishment are usually the new equipment. Navigational devices, light fittings, and more are also exposed to threats such as theft, vandalism, and damage. A comprehensive list of these additions can help modify your boat insurance policy efficiently.

McCormick Insurance Inc. – Your Trusted Partner

At McCormick Insurance Inc. in Pembroke Pines, FL, our commitment goes beyond standard business transactions. We care about your refurbished boat and its security as much as you do. Consult with our experienced agents. Let us help you navigate through the insurance modification process, ensuring your precious asset gets the coverage it deserves.

Ask the Agent: What Is Inland Marine Insurance?

Inland Marine Insurance: Safeguard Your Land-Transported Goods

Don’t be misled by the term ‘marine’; Inland Marine Insurance is not water-associated. Instead, it protects the goods that you transport over land—much needed in a place like Pembroke Pines, FL. At McCormick Insurance Inc., we take pride in guiding you to the right policy as per your specific needs. Let us take you through the insurance ropes and find you the right insurance policy.

Why is Inland Marine Insurance Essential?

Be it theft, damage, or an unfortunate accident, there are plenty of risks associated with transporting goods over land. These could lead to significant financial losses if you’re shipping many items or have made large investments in them. The right insurance protection level can potentially save you from such unforeseen expenditures.

Securing the Right Coverage with McCormick Insurance Inc.

At McCormick Insurance Inc., our knowledgeable agents can help you secure the right coverage catered to all your transportation and carrier needs, from a single item to a full truckload of cargo. We believe it’s a trust-based relationship that ensures you get the most fitting insurance coverage.

Our commitment is to serve our clients in and around Pembroke Pines, FL, with the best available insurance solutions. Contact McCormick Insurance Inc. today and let us help you mitigate the risks to your transportation business, ensuring peace of mind. After all, you deserve to focus on growing your business, leaving the worries of protection to us. Get a quote and compare your options!

Calculating Your Coverage: How Much Umbrella Insurance Do You Need?

Understanding Your Umbrella: Calculating Adequate Coverage

In the vibrant community of Pembroke Pines, FL, McCormick Insurance Inc. is your go-to partner for comprehensive insurance insights. Today, we reveal the intricacies of determining the right amount of umbrella insurance coverage to shield you from life’s uncertainties.

Assessing Your Assets and Liabilities

Before deciding on umbrella insurance coverage, take stock of your assets and liabilities. Consider your home, vehicles, savings, and investments, along with any potential legal obligations. This assessment forms the foundation for determining the extent of coverage needed.

Evaluating Potential Risks

Identify potential risks that could lead to liability claims. This includes factors such as the number of vehicles you own, your involvement in community activities, and the overall lifestyle that might expose you to certain risks. Understanding these risks helps in tailoring your umbrella insurance to specific needs.

Considering Future Earnings

Anticipate your future earnings and potential income growth. Your umbrella insurance should provide coverage that aligns with your evolving financial profile. Ensuring that your policy reflects future income projections helps maintain adequate protection.

Reviewing Existing Coverage

Evaluate your existing insurance policies, including homeowners and auto insurance. The goal is to identify any coverage gaps that umbrella insurance can fill. This review ensures comprehensive protection across all aspects of your life.

Connect with McCormick Insurance Inc. for Tailored Solutions

For personalized insights into determining the right amount of umbrella insurance coverage in the Pembroke Pines, FL, region, connect with McCormick Insurance Inc. Our dedicated team is committed to providing comprehensive coverage tailored to your unique needs. Call us today or visit our website for more information and get the protection you need today.

Insurance For Your Travel Trailer

Right now is the perfect time to prepare your travel trailer for your summer vacation. Use the tips below to conduct an assessment. Then, contact an agent at McCormick Insurance Inc. to find out about insurance products that may interest you.


First, prepare a list highlighting the travel trailer model you own and the number of miles on it. If you own a trailer designed to be towed behind another vehicle, record information about it. The basic details you record will need to be submitted when comparing insurance rates in Pembroke Pines, FL.


Conduct an assessment of your travel trailer. This assessment can be performed independently. If you do not have a lot of knowledge about vehicles, hire a mechanic to inspect the trailer.

The assessment will determine the current status of the trailer. It will also uncover any mechanical problems or physical flaws that need to be addressed. 


If your travel trailer is damaged, seek the upgrades that are needed. It is important that your travel trailer is in operable order when you insure it. 

Security Improvements

Security equipment will lessen the chance of being involved in an accident while traveling. The addition of security equipment will also deter theft and vandalism.

Seek upgrades that protect your travel trailer when you are using it away from your home. Keep track of the upgrades that are made.

Contact McCormick Insurance Inc.

After you have completed the steps above, please schedule an appointment with one of our agents who serve Pembroke Pines, FL. At McCormick Insurance Inc., we provide our customers with personal services. You can purchase insurance coverage directly through one of our qualified agents.

Why You Need Both Home and Flood Insurance Policies

If you’re a homeowner, it’s your job to protect your home and ensure it’s covered in case of serious events. There are a lot of things that can happen to a house and cause damage. When you don’t have the right insurance for your home, you would be on the hook for paying for all the damage. If you have a home insurance policy, you may not be as safe from possible risks as you think. For flood insurance, call us at McCormick Insurance Inc. in Pembroke Pines, FL, to learn more. 

Home Insurance and Floods

If you have a home policy, that’s a good step toward protecting your home and yourself. However, a home policy doesn’t protect against everything. Floods are generally excluded from this coverage. If you only had a home insurance policy and a flood happened, you would have to pay for all the damage yourself. This damage can be extreme and expensive. When you add a flood policy to your insurance coverage, you’re well protected against floods. 

Everyone Needs Flood Insurance 

Some people don’t get flood insurance because they think their home insurance will cover flood damage. Some don’t get this coverage because they think they live in an area that won’t flood. However, virtually every area is subject to flooding. That’s true whether or not you live in a flood zone. About a fifth of all flood claims come from areas not designated as flood zones. That makes it important to get this policy no matter how your home is situated. 

Get Flood Insurance

It would be best to have both home and flood insurance to protect yourself financially. To get a policy of your own, call us at McCormick Insurance Inc. in Pembroke Pines, FL, to get started. 

Little One on the Way? Here’s Why You Need Life Insurance

You want to ensure your little one has everything they need, no matter what. Purchasing a life insurance policy is smart when you welcome a little one. At McCormick Insurance Inc., serving Pembroke Pines, FL, our team is here to help you make sure you have the coverage you need to protect your kiddos. 

When Can You Take Out a Life Insurance Policy for Your Child?

Good news! If your baby has been born, you can take out a life insurance policy. Most life insurance policies require the beneficiary to be at least 0 days old, making it simple to update your current policy as soon as your child is born. An important note: if your child is under the age of 18, your policy may require that any payouts be disbursed to their parent or guardian until they’re an adult.

If you want your minor child to be your primary beneficiary, it’s a good idea to talk with a lawyer about any steps that you need to take to make sure they receive funds directly if you pass away. 

How Much Life Insurance Do I Need?

Working with a financial advisor or a life insurance agent is the only way to understand how much life insurance coverage you need properly. You’ll need to consider any existing financial resources (such as savings or investments) as well as your current financial obligations.

McCormick Insurance Inc., Serving Pembroke Pines, FL Residents

If you’re looking for a life insurance policy to give you the peace of mind that your loved ones will be protected in the event of the unexpected, we’re here to help, and we’re proud to serve the Pembroke Pines, FL community. Reach out to us today to learn more.

Stay Protected From Many Damaging Events With Home Insurance

Every home has vulnerabilities. Countless things can happen to a home that can require repairs. So many things can happen to a house that it’s never a good idea to go even a day without home insurance. Your policy has several types of coverage, each covering a different aspect of your property. When you need a home insurance policy, contact us at McCormick Insurance Inc. in Pembroke Pines, FL to ensure your home is protected. 

Damaging Events

What is a damaging event? In this situation, something happens to your home or the things inside it that cause damage or destruction. A detrimental event can include specific kinds of disasters, calamities, accidents, and more. These events will generally be spelled out in your home insurance policy. Generally, the thing that isn’t covered is flooding. Other than this, you’re protected against damage by your home policy. This means that your possessions in the home and the dwelling are protected. 

Getting Repairs

In many cases, a damaging event means the home needs repairs or rebuilding. Your home insurance covers the entire value of the home so that the policy can pay for the repairs. Without this coverage, you could struggle to pay for the repairs you need to keep the home inhabitable. If it isn’t inhabitable, your home policy will also pay for you to stay somewhere else while your home is being repaired. 

Get Home Insurance to Protect Yourself

If you’re about to buy a home, you need to get insurance right away. It should take effect the first day that you own your home. Call us at McCormick Insurance Inc. in Pembroke Pines, FL to get coverage.

Auto Insurance for Rental Cars in Pembroke Pines, Florida

If you are considering renting a car for your vacation or business trip in Pembroke Pines, FL, you should know that purchasing auto insurance is an integral part of the process. After all, without insurance, who will pay for the damage to the vehicle in the event of an auto accident? And what would happen if someone were to get seriously hurt?

Well, according to the law, there are several options for drivers who wish to rent a car in our state. You are within the legal limits as long as you meet the minimum requirements for coverage, which are $10,000 in personal injury protection and $10,000 in property damage liability. Here are a few different ways in which you can meet the criteria:

Insurance from the Rental Car Company

Many of the top rental car companies offer vehicle insurance coverage as part of your rental agreement. By signing either a Loss Damage Waiver or a Collision Damage Waiver, you should be covered for the cost of all repairs in the case of an accident or, if necessary, a replacement vehicle.

Non-Owner Insurance

If you frequently rent vehicles yet do not own one, you can purchase a separate non-owner auto insurance policy. These policies provide liability coverage when you drive a rental car.

Insurance on your Personal Vehicle

If you already have personal insurance on a car registered in the state, your coverage may extend to rental vehicles. You will need to contact us at McCormick Insurance Inc. to find out if rental cars are within the limits of your coverage.

So, before you rent your next auto, give us a call at McCormick Insurance Inc. We may be able to help you better understand your rental car insurance options in the Pembroke Pines, FL area. We want you to make the best decision for your particular situation, so we would love to help.