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.

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.

What are the main coverages offered by inland marine insurance?

Inland marine insurance refers to a specific type of insurance designed to protect equipment, goods, and materials that are traveling over land or in a storage facility other than a fixed or defined business locale. According to the insurance professionals at McCormick Insurance Inc. in Pembroke Pines, FL, inland marine insurance is considered versatile and customizable insurance coverage capable of protecting a wide variety of property and assets – especially those that are challenging to insure under a typical insurance policy.

Main Coverages Offered By Inland Marine Insurance

Coverage options include:

  • Transportation Coverage for property while traveling by train, truck, or other transportation modes or when warehoused temporarily while in transit.
  • Bailee’s Coverage refers to protection for property left in the temporary possession of someone other than the property owner.
  • Builder’s Risk Coverage, as the name implies, protects (from vandalism, fire, theft, etc.) equipment, structures, and materials related to construction projects.
  • Installation Coverage protects against damages that happen during an installation.
  • The Contractor’s Equipment Coverage is designed to protect tools and contractor equipment in transit between job locations or on-site.

Other coverage options for inland marine insurance include the following:

  • Exhibition and Trade Show Coverage for property that is on temporary display.
  • Fine Arts Coverage for antiques and valuable collectibles when in transit.
  • Equipment Floaters Coverage for machinery/equipment (i.e., construction equipment) that is damaged or stolen in transit between locations.
  • Miscellaneous Property Floater Coverage is a flexible, catch-all category for those items that don’t fit into an existing category.

Contact a Leading Pembroke Pines, FL Inland Marine Insurer

Coverage options and terms for inland marine insurance can vary among insurance providers. For more information, contact McCormick Insurance Inc. at 954-602-5741 or online.

Four Motorcycle Insurance Misconceptions

Motorcycle insurance refers to a type of coverage specifically designed to protect motorcycle owners/operators from potential financial losses (and other damages) that may occur due to an accident or unforeseen events. However, according to the insurance professionals at McCormick Insurance Inc. in Pembroke Pines, FL, several motorcycle insurance misconceptions circulate regarding motorcycle coverage.

Motorcycle Insurance is Unnecessary Because It’s Not My Primary Vehicle.

The Reality– Motorcycle insurance is a mandated legal requirement in most locations – even for those who ride infrequently. So, going without insurance may be unlawful.

My Car Insurance Policy Automatically Covers Me When Riding My Motorcycle.

The Reality– Riding a bike comes with unique risks, which creates special insurance needs that must be met with coverage designed to meet these risks.

Carrying Minimum Liability is Enough Insurance Coverage.

The Reality– Considering the possible property damage and medical costs associated with a car crash/accident, deciding to purchase only minimum liability coverage may be shortsighted as it is likely not to provide enough insurance protection should a serious collision occur.

My Bike is Old, So I Don’t Need Collision or Comprehensive Insurance Coverage.

The Reality– If your bike is older (or you believe the motorcycle has a lower market value), these types of insurance coverages can be valuable as they help cover the cost in the event your bike is the victim of vandalism, theft, an accident, or a natural disaster, and more.

Contact a Leading Pembroke Pines, FL Motorcycle Insurer

Please don’t rely on misconceptions, as they can leave you inadequately protected in the event of an accident or loss. For more information, contact a licensed professional at McCormick Insurance Inc. at  954-602-5741 or online. We look forward to customizing an insurance policy to meet your motorcycle insurance requirements today.

RVing with Pets: Ensuring Furry Friends Are Covered Too

For many pet owners in and around Pembroke Pines, FL, hitting the open road in an RV is a dream. Traveling with pets can be a rewarding experience, but it also comes with responsibilities, including their safety and well-being. 

The Joy of RVing with Pets

RVing with pets allows you to create lasting memories with your furry companions. Pets can be wonderful travel companions. However, it’s essential to prioritize their needs and safety during your RV adventures.

Pet-Friendly RVs

Look for RVs with dedicated pet areas, easy-to-clean floors, and secure pet seating arrangements. Planning for their comfort will make your journey more enjoyable for you and your pets.

Pet Insurance for RV Travel

Just as you prioritize your health and safety with RV insurance, it’s equally important to consider pet insurance. Pet insurance policies can help cover veterinary expenses in case of accidents or illnesses during your travels, the same way insurance covers medical bills for humans. 

Safety Measures for Pets

Implement the following measures to keep your furry friends safe and secure. A good and safe environment will help if claims must be made:

  • Secure Restraints: Use proper restraints like harnesses, pet seat belts, or crates to prevent your pets from moving freely within the RV while in motion.
  • Identification: Ensure your pets have proper identification, such as collars with tags displaying your contact information.
  • First Aid Kit: Carry a pet first-aid kit in your RV to address minor injuries or health issues.
  • Regular Breaks: Schedule frequent travel stops to allow pets to stretch their legs, relieve themselves, eat, and stay hydrated.

McCormick Insurance Inc. Can Help You with Flood Insurance

At McCormick Insurance Inc., we can answer all your questions concerning RV insurance. We assist the Pembroke Pines, FL area. Contact us today.