Who needs to get a motorcycle insurance policy?

When you live in the Pembroke Pines, FL area and are looking for a new mode of transportation, you should consider getting a motorcycle. A motorcycle can be a very efficient mode of transportation that can also be fun to operate during the warm sunny days that this area of Florida offers to residents and visitors. As you are looking for a new motorcycle, you should also consider your insurance needs. There are several scenarios when someone here will need to get a full motorcycle insurance policy.

When Using on Public Roads

The reason that most people need to get a motorcycle insurance policy is that it is required to have if you want to use the motorcycle on public roads. Anyone that is going to operate a motorcycle, or any other vehicle, needs to comply with the state’s minimum liability insurance requirements. If you do not have this coverage, you will be in violation of the law whenever you are riding it. 

When Financing the Motorcycle

You will also need a motorcycle insurance policy if you are going to finance the purchase of it. Any motorcycle loan provider is going to have requirements that set forth the type and level of insurance coverage that you need to have. It is important to understand these requirements and to comply with them. 

Almost anyone that owns a motorcycle will need to get insurance for it. When you are looking for a new motorcycle insurance policy, you should reach out to the team at McCormick Insurance Inc. The insurance team at McCormick Insurance Inc. has helped people all over the Pembroke Pines, FL area build and choose their own motorcycle insurance policies. This will provide you with comfort that you and your motorcycle are properly covered at all times. 

What does inland marine insurance cover?

The shipping and transportation industry is incredibly important as it helps to ensure that people all over the world have access to products that they need. Transportation, shipping, and other logistics companies do take on a lot of risk due to the storage and transportation of products. For those that are in this industry in the Pembroke Pines, FL area, getting an inland marine insurance policy could be a great option as it will cover a company in a number of ways. 

Cargo Insurance Coverage

One of the advantages of an inland marine insurance policy is that it can provide you with protection for your cargo. Any company that will be transporting and storing cargo is taking on some responsibility for it. Since there is always a risk that it could be damaged or stolen, it is important that you receive coverage to ensure you can repair or replace the cargo. With an inland marine insurance policy, you will receive the coverage you need to offset this risk. 

Protection for Liability

Those that are in the shipping and transportation industry will also have some liability risk. There is always a chance that you could cause an accident or be otherwise negligent. When you get an inland marine insurance policy, you are going to have the coverage you need to cover any damages you cause. 

Getting inland marine insurance is clearly very important. When you are looking to get this insurance coverage, you should call the team at McCormick Insurance Inc. The insurance professionals at McCormick Insurance Inc. have helped people all over the Pembroke Pines, FL area understand their needs and options when it comes to inland marine insurance. They can then help anyone to get into a policy that will offer the right coverage to meet their needs. 

Summertime is Peak Time for Boating Accidents – Make Sure You Have the Protection You Need!

It’s summer, and that means it’s boating season! The team at McCormick Insurance Inc. wants all of our Pembroke Pines, FL area friends and neighbors to enjoy their time out on the water. We are here to provide the boat insurance that keeps you safe and protects your craft from damage or theft. If you are in the market for a boat or feel it’s time to upgrade your current boat policy, call or stop by today!

Make Sure You Have the Protection You Need!

If you are enjoying a lot of time out on the water this summer, make sure that your boat policy includes the coverage that you need. This is especially true for people who trailer their vessels from home to the water, as accidents can happen along the way.

Basic boat policies may not provide sufficient liability protection, especially if you are involved in an accident where there are injuries and subsequent medical expenses. Another coverage area that people sometimes overlook is towing. At-sea towing can be expensive, and it is helpful to have this protection included in your policy.

There are a number of enhanced features available in comprehensive policies that can help make your life easier as a boat owner. Don’t find out after the fact that your boat insurance policy does not give you the protection you need. 

The folks at McCormick Insurance Inc. are proud to serve the greater Pembroke Pines, FL community. If you are in need of any type of insurance, including boat coverage, it’s time to stop by! We are here to answer all of your questions and help you choose the boat insurance policy that is right for you and your needs.

Do You Need Specialized RV Insurance?

Standard RV insurance policies in Pembroke Pines, FL offer many of the same coverage options as auto insurance to include liability, collision, comprehensive and uninsured motorist protection. As recreational vehicles are more complex than autos, however, conventional insurance may not be enough to protect your costly investment. Specialized RV coverage from McCormick Insurance Inc. helps compensate you for the extra risks you face as an RV owner.   

What is Specialized RV Coverage?

Specialized RV coverage is extra protection for your RV investment on top of conventional liability, collision, comprehensive, and uninsured motorist coverage. It includes:

  • Total Loss Replacement – to cover the cost of replacing your RV if it’s totaled in an accident
  • Personal Property Protection – to protect all the extras you carry around in your RV when traveling
  • Vacation Liability – to cover accidental injuries of people who visit your RV or campsite during your travels
  • Fulltime RV Coverage – covers any eventuality you may face while living and traveling in your recreational vehicle

Do You Need Specialized RV Coverage?

RVs have aspects that require greater coverage than conventional vehicles. Your RV is, in essence, a home on wheels with its own water source, kitchen, electronic equipment and bathroom. In the event of an accident, there’s so much more that can be damaged. Due to its size and weight, your RV can also cause more extensive damage to others, requiring that you purchase more than minimum liability coverage.

If you’re a frequent RV traveler, it only makes sense to have well-rounded RV coverage to protect your assets and valuable investment. By combining liability, collision, comprehensive and uninsured motorist coverage with specialized RV coverage, you’ll have the protection you need for almost any eventuality.

To purchase the RV insurance you need, contact McCormick Insurance Inc., serving residents in Pembroke Pines, FL and surrounding communities.

What Are the Advantages of Excess Insurance?

Excess insurance can be a lifesaver for a business if a major event occurs. The agents of McCormick Insurance Inc. offer excess insurance for companies that require an additional layer of protection. Business owners in Pembroke Pines, FL who want to make sure their business has the protection it needs to recover from a traumatic experience. Excess insurance can provide the support your business needs during a difficult time.

When Damages Exceed Your Policy Limits

Excess insurance covers the cost of damages that exceed your company’s policy limits or a specified amount that has been designated for unexpected emergencies. Policies are normally written to cover certain types of damage in specific amounts. There are instances in which the actual costs associated with the incident may far exceed the constraints of your commercial policy. 

Protecting Your Assets

Choosing to purchase excess insurance gives you the advantage if, for any reason, you experience a disaster that far surpasses your expectations. A policy that covers an excess amount over and above what your policy allows for can protect you from having to liquidate your assets to pay for the additional costs. Excess insurance may also be able to provide sufficient coverage even if your traditional commercial policy won’t.

In Pembroke Pines, FL, the agents of McCormick Insurance Inc. can explain the concepts behind excess insurance. They can break down both the pros and cons of having this type of policy and how it can keep your business functioning if a catastrophic event occurs. Call your agent as soon as possible to find out what type of business will benefit the most from an excess insurance policy. Your agent can explain the details and give you the information you need.

What is Builders’ Risk Insurance, Vacant Risk Insurance, and What are the Differences?

Builders’ and Vacant Risk Insurance

If you own a vacation home or are thinking about purchasing or building a house in the Pembroke Pines, FL area, consider your options for Builders’ or Vacant Risk Insurance. We are McCormick Insurance Inc. We want you to have the coverage you need. 

What is Builders’ Risk insurance?

Builders’ risk insurance covers homes during construction. If you own the land where the property is being built, you should consider purchasing builders’ insurance. Check with the builder or contractor to see what type of insurance they have, and the claim limits of their policy. During the course of construction, there may be vandalism or theft of the building materials and equipment. Even if the materials are stored off-site, they may be covered.  In Minnesota, a builders’ risk policy can be written on the completed value, or on a reporting form basis. If you purchased custom-made materials to build your house you should certainly consider purchasing Builders Risk Insurance.

What is Vacant Risk Insurance?

Vacant risk insurance protects a residence while it is vacant. Speak with our insurance agent before choosing your policy because a vacant house differs from an unoccupied house and the rates will vary. A vacant house may go unnoticed, but it may not. It is an easy target for thieves and vandals. If you split your time between your main residence and a vacation home, check about using the same insurer for both, they may provide a cost-efficient combination of policies for both homes. 

What are some differences between the two?

Both insurance types protect you from the financial risk of owning an empty house. Builders’ risk insurance covers the period the house is under construction. Some insurers may even provide coverage for less than a 12 month period. Vacant Risk insurance covers a home while the residents are away. An independent agent at McCormick Insurance Inc., in Pembroke Pines, FL, will help you find the best policy for your situation. 

Prevent Disaster with the Right Boat Insurance

The beautiful waters of the Pembroke Pines, FL area call to all boaters.  Many fun afternoons have been spent with friends and family on the water.  But your boat is an investment that needs to be insured before you head out.  Our team at McCormick Insurance Inc. can help!  They can answer questions and make recommendations based on your boat size and how frequently you use it. 

Boat insurance policies have several features to protect.  The policy should provide liability coverage, protect mechanical equipment, as well as, handle any physical damage to the boat.  If someone is injured on the boat, the owner is protected with liability coverage.  It should also address vandalism and theft.  If the boat isn’t used often, talk with your agent.  They may be able to recommend options for more cost-effective coverage.  Some boat owners mistakenly believe that their boat is covered by their home insurance policy.  Very small boats sometimes can be covered but it’s rare.  Coverage will also be different for larger yachts then small boats on lakes.  Uninsured/underinsured boater coverage is valuable protection.  Lastly, all personal possessions, including sports equipment, should be covered by the policy. 

In the Pembroke Pines, FL area, our agents at McCormick Insurance Inc. are ready to help with your boat insurance needs.  We want you to safely enjoy your time on the water.  They will provide information about your options.  That way you’ll know that you’re covered should an accident occur.  Disasters such as someone being injured or the sinking of the boat can be financially devasting.  Invest a little time to visit with one of our agents.  They will be able to help you make informed decisions that are best for you.  Before you head out, contact us!  It’s worth your time to protect your boat. 

What Stretch Of The Trip Does Inland Marine Insurance Cover?

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.

Benefits of buying life insurance at 20s

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!

Why It Makes Sense for Everyone to Buy Umbrella Insurance

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.