{"id":152,"date":"2017-09-14T08:00:00","date_gmt":"2017-09-14T08:00:00","guid":{"rendered":"http:\/\/www.mccormickinsuranceinc.com\/blog\/?p=152"},"modified":"2017-10-06T20:20:06","modified_gmt":"2017-10-06T20:20:06","slug":"a-simple-explanation-of-excess-insurance","status":"publish","type":"post","link":"https:\/\/www.mccormickinsuranceinc.com\/blog\/a-simple-explanation-of-excess-insurance\/","title":{"rendered":"A Simple Explanation of Excess Insurance"},"content":{"rendered":"

Have you ever heard of excess insurance? Probably not, and that is why it is so important to understand it. Here’s a quick overview of excess insurance in Pembroke Pines, FL, including what it is and three things you need to know about it. <\/p>\n

What is excess insurance?<\/h2>\n

When you invest in excess insurance, you are essentially buying a coverage plan that exceeds what most normal insurance providers offer in terms of limits. For example, if you make a claim and your auto insurance exhausts all of its coverage, excess insurance can be beneficial because it will provide extra compensation above what your auto policy will pay you. Please keep in mind that an excess insurance policy does not provide extra coverage. Instead, it provides an increase in your coverage limits. If your primary policy provides coverage for a certain type of claim, then excess insurance will provide an increase in limits as well. If the claim is not covered under the primary policy, then your excess insurance policy will be of no benefit. <\/p>\n

Is excess insurance worth the investment? <\/h2>\n

Many people think that excess insurance will be very expensive. Fortunately, though, it tends to be extremely nominal in relation to how much the real value of the policy is. And while some people believe you need to be wealthy to invest in this type of insurance, it has proven itself to the average Joe many times over. To keep it simple, the benefits that can be gained from this type of policy are far worth the investment made. <\/p>\n

To learn more about excess insurance, make sure you contact McCormick Insurance Inc. serving your area today. <\/p>\n","protected":false},"excerpt":{"rendered":"

Have you ever heard of excess insurance? Probably not, and that is why it is so important to understand it. Here’s a quick overview of excess insurance in Pembroke Pines, FL, including what it is and three things you need to know about it.  What is excess insurance? When you invest in excess insurance, you are […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[30,31],"class_list":["post-152","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-mccormick-insurance-inc","tag-pembroke-pines-fl"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t