Full-timers RV Insurance: When You Live In Your RV

If you decide to live in your RV full-time when you retire instead of using it for periodic short trips, you’ll need to contact B & G Insurance serving the greater Miami, FL area to update your RV insurance to a full-timers policy.

What is a full-timers policy?

When you live in your RV all of the time, you need to insure your RV with full coverage. That means your policy would consist of collision, comprehensive, property damage liability, bodily injury liability, and roadside assistance. It covers all of the damage that could occur to your RV plus the damage you could cause to another individual’s vehicle. You may also want to add personal injury protection (PIP) to it, so if you or your passengers get injured in a no-fault accident, you’ll still have medical coverage.

Other Reasons to Undergo an Insurance Review

When you decide to use your RV full time, you might upgrade a few things, like your microwave, convection oven, and refrigerator/freezer. Another upgrade many people make, installing solar panels, also requires upgraded insurance. When you renovate your RV, you make it worth more money. That means you need to increase your coverage, too. Without the update, your insurance will only cover your RV as it was when you purchased it.

Give Us A Call Today

Contact B & G Insurance serving the greater Miami, FL area for more information about updating your RV insurance to a full-timers policy. We can help you with a policy review based on your RV updates and usage schedule. Let us help you hit the road fully insured.

5 Mistakes to Avoid When Buying Motorcycle Insurance

While motorcycles offer an exhilarating ride, they also come with increased risk. To protect yourself (and your bike!), you need motorcycle insurance. But not just any insurance policy will do. There are a few key mistakes you’ll want to avoid when buying motorcycle insurance.

1. Not Knowing Your Coverage Needs

When it comes to motorcycle insurance, one size does not fit all. It would help if you considered factors like the value of your bike, where you live, how often you ride, and whether you commute on your motorcycle. An experienced insurance agent can help you determine the right coverage for you.

2. Not Getting Enough Liability Coverage

Liability coverage is important for two reasons. First, it protects you financially if you cause an accident and are sued. Second, it’s required in most states. Make sure you have enough liability coverage to protect yourself in an accident.

3. Assuming Your Auto Policy Covers Everything

If you have a personal auto insurance policy, you might assume it covers your motorcycle as well. However, this is usually not the case. You need a separate motorcycle insurance policy to be fully protected.

4. Buying the Cheapest Policy You Can Find

When it comes to insurance, you get what you pay for. The cheapest policy might not provide the coverage you need. Make sure you compare policies carefully to find one that meets your needs at a price you can afford.

5. Lying or Withholding Information

When you apply for motorcycle insurance, you’ll be asked to provide some personal information. It’s vital that you answer these questions honestly and accurately. If you withhold information or lie on your application, your policy could be voided if you have an accident.

If you’re planning to buy motorcycle insurance, avoid these common mistakes. Work with an experienced agent to get the coverage you need at a price you can afford. B & G Insurance in Miami, FL can help you find the right policy for your needs. Give us a call today!

Will it be helpful to have a boat insurance plan in Miami?

Living in the Miami, FL area continues to be a dream for many people. When you live here, there is great weather and a lot of recreational activities. One activity that most will enjoy is going out on the open water in their boat. If you are looking to purchase a boat in this city, you will want to know that you are adequately insured. A boat insurance plan is helpful and can protect you in various ways. 

Cover Your Boat

An important reason to have a boat insurance plan is so you can cover your boat. Protecting your asset and investment is very important if you are a boat owner. A great way to do this is with insurance that includes a full comprehensive plan. This will specifically mitigate many risks resulting in a loss for you and your boat.

Reduce Liability Risk

You should also get boat insurance to reduce your liability risks. There will always be a chance that you will cause an accident, even if you are a skilled boat operator and are careful. Due to this, you will want to know that you are prepared if an accident does occur. Boat insurance offers the liability coverage that you need.  

There are a lot of advantages that will come with having a boat insurance plan in the Miami, FL area. When you are looking to get a boat here, starting your search with the B & G Insurance team is a good option. There continue to be various decisions that come with picking boat insurance and B & G Insurance can make the insurance process simpler for you. They can take a personalized approach that will ensure you remain appropriately covered at all times. 

Who needs to have umbrella insurance in Florida?

Living in the Miami, FL area is a dream for many people due to the great weather and recreational options. If you live in the Miami area, you will find that it is vital that you get proper insurance. This can include having an umbrella insurance plan that provides ample liability coverage for many in this area. There are various situations when someone could benefit from an umbrella insurance policy. 

Those Concerned with Major Risks

A scenario in which someone may want to get an umbrella insurance plan is if they are concerned with significant liability claims. You are likely to have some personal liability coverage if you have a home or auto insurance plan. When you upgrade to an umbrella insurance plan, it will provide coverage on top of those existing plans. This will ensure you have coverage if you are named liable for a claim exceeding your existing plans’ coverage. 

Those that Want Blanket Liability Protection

Another great reason for anyone in this area of Florida to get an umbrella insurance plan is so they can receive more blanket coverage. While the liability component of a home or auto plan is helpful, there are liability risks that someone could face that are not covered by these plans. With umbrella insurance, you will get coverage against several risks. 

There are many reasons for someone in the Miami, FL area to get an umbrella insurance plan. As you are looking to get this type of insurance, it is vital that you speak with the team at B & G Insurance. There are many choices to make, and B & G Insurance will offer any support and consultation needed to choose an umbrella insurance plan that will give you the appropriate coverage. 

Flood Insurance FAQs

What would you like to know about flood insurance in Miami, FL? Whether flood insurance is mandatory? Or perhaps, do all homeowners need flood insurance? Whatever the question you have, we have prepared a FAQs section to help you learn more about flood insurance. And if we haven’t answered your question yet, don’t hesitate to contact B & G Insurance for clarifications.

What is flood insurance?

It’s a stand-alone insurance plan that you can purchase through the National Flood Insurance Program (NFIP) managed by FEMA. You can also purchase flood insurance through private carriers — the advantage of this is you get higher coverage and a reduced waiting period.

Why do I need flood insurance?

You need flood insurance because flood damage isn’t covered by typical home or business insurance. So, when floods damage your premises, you can’t fall back to conventional home and business insurance. It would help if you had stand-alone flood insurance to cover the damage, meaning you don’t have to incur out-of-pocket expenses or wait for government grants that don’t always come.

What does flood insurance cover?

Typical flood insurance covers the building itself, including the electrical and plumbing system, the foundation, fixed cabinets, and other items listed in your policy. The policy also covers the contents inside the dwelling, including personal assets and items not permanently installed in your house.

Is flood insurance mandatory in Florida?

No law in Florida requires homeowners to invest in flood insurance. However, if you have a mortgage from a federal-regulated lender, they may insist you purchase flood insurance if you live in a high-risk flood zone.

Where can I purchase flood insurance in Miami, FL?

Purchasing flood insurance can be nerve-wracking, but this isn’t the case when you partner with B&G Insurance. We will take you through flood insurance and give you the right amount of flood insurance to ensure you are paying for what you need.

Who should get life insurance in Florida?

There are many forms of insurance that the typical person in the Miami, FL area will need to have. An important type of insurance protection that people need to have here is life insurance. This is a unique type of coverage that offers valuable support. There are a few situations in which someone should get a life insurance plan.

When Providing Financial Protection

A situation when you will need to get this coverage is when you want to provide financial support for others. With a life insurance plan, you will be able to create a policy that will pay out a benefit if you were to pass away. You can create a plan that will cover any costs that your dependents could incur in the future, including costs associated with housing, costs of living, higher education, or anything else you want. 

Those Wanting to Cover End of Life Costs

If someone is to pass away, their family could incur various end-of-life expenses. These can include funeral costs, medical bills, and other related costs. If you have a life insurance plan, you will be able to name a family member as a beneficiary to ensure that these costs are covered, which can reduce any financial burden. 

Having life insurance in the Miami, FL area is important for many people. If you are going to look into getting one of these plans here, it would be wise to start your search with B & G Insurance. There are a lot of options and choices to make as you are looking for life insurance and B & G Insurance has the team that can help you pick and build an ideal plan. This can help ensure that you provide the protection that would help your dependents. 

How Much Auto Insurance Do I Need?

At B & G Insurance in Miami, FL, we usually receive this question from our clients: How much auto insurance do I need? You see, most motorists renew their auto insurance every year but never pause for a moment to think whether they have sufficient coverage. Unfortunately, if you have insufficient auto insurance, you will likely incur out-of-pocket expenses when the unthinkable strikes. So, how much car insurance do you need? To help you decide, let’s first look at the state-required auto insurance.

Minimum auto insurance in Florida

To understand the amount of auto insurance you need, you have to meet the state-required minimums first. For instance, in Florida, motorists must include the below coverages in their auto insurance policy:

  • Property damage liability of at least $10,000
  • Personal Injury Protection (PIP) of a minimum of $10,000

If you look at the state-required minimums, they are pretty low and won’t cover you if faced with a severe accident.

How much liability coverage do you need?

Although Florida doesn’t require bodily liability insurance, we strongly advise you consider this investment. Generally, we advise our clients to have a combined bodily injury and property damage liability of about $500,000. If you need more liability coverage, you can consider investing in umbrella insurance.

How much collision and comprehensive insurance do you need?

Here are some questions to help you decide how much physical damage coverage you need. What amount of deductibles are you comfortable with? How much of your car repairs can you handle comfortably? Can you afford to replace your car if it were totaled? Answering these questions guides you on how much auto insurance you require. Ultimately, collision and comprehensive coverage should be enough to replace your car in the worst-case scenario.

Learn more about auto insurance

Still not sure about how much auto insurance you should carry? Please get in touch with B & G Insurance of Miami, FL, for more information.

Common Mistakes Car Owners Make When Buying Auto Insurance

It’s crucial and mandatory to have auto insurance. Whether it’s your first time buying auto insurance or not, there are mistakes you could easily make if you aren’t careful. B & G insurance serving Miami, FL ensures you don’t make these costly mistakes by helping you buy suitable auto insurance that suits your individual needs. Below are some of the most common mistakes car owners make when buying auto insurance.

Not Comparing Different Policies

Some car owners purchase policies just because they offer low premiums or because someone recommended the policy, which should not be the case. It’s good to compare different policies and choose the most suitable one in terms of coverage and price.

B & G insurance offers different policies to cater to the needs of every car owner. If you live in Miami FL, we can help you get the right cover for your vehicle after considering various factors.

Purchasing Plans That Have Minimal Coverage

Although the law specifies minimal coverage for vehicles at times, it doesn’t mean that you can’t get additional coverage for your vehicle. If you can, get more coverage on top of what is required by the law so that in case of an accident, you will receive compensation.

Giving False Information

Some car owners give false or non-factual information when purchasing insurance policies. This is unethical and can lead to claim rejection and, at times, legal problems. Always give facts when filing insurance forms.

You should do due diligence when buying auto insurance to avoid making mistakes that can cost you a lot in the future or land you into legal problems. Sometimes, you can make these mistakes unintentionally due to a lack of knowledge. That’s why you need an insurance company like B&G insurance that will help you make the right choices. If you reside in Miami, FL, contact us to learn more about auto insurance and also check out the auto insurance policies we have.

What commercial insurance is required in Florida?

Most states have some requirements for commercial insurance. It isn’t about protecting your business, however, it is about protecting other people from your business. It is up to you to decide on your own without being required to if you could benefit from some sort of protection. At B & G Insurance in Miami, FL, we have 40 years of combined experience. We will make sure that your business is in compliance with the commercial insurance requirements of the state of Florida. 

In the state of Florida, two types of commercial insurance are required: workers’ compensation and commercial auto insurance. If your business has 4 or more full or part-time employees, you must have workers’ compensation coverage. If your business owns any type of vehicle, you must have the basic amount of commercial auto insurance. The basic amount is $10,000 for property coverage and $10,000 for personal injury protection. 

Just because the state doesn’t mandate other types of commercial insurance coverage, it doesn’t mean that it is a good idea not to carry it. One in 12 businesses closes every year and some of them could survive if they had commercial insurance. 

Somewhere between 35 and 53 percent of businesses are sued in any given year. When your business gets sued, if you lose the case, you may have a large judgment against you and legal fees in addition to that. It may be enough to bankrupt your business and you will have to close your doors. Commercial liability insurance can protect you against this scenario. 

If your location is hit by a major theft, fire, or tornado,  you could lose all your equipment, your inventory, your office equipment, and lots more. With commercial property insurance, you will be able to replace what was lost. 

At B & G Insurance in Miami, FL, we are a full-service independent insurance agency and we work for our customers. Contact us to get a free quote. 

How often should I review my home insurance?

Your home is family-centered and making sure that you keep it safe makes sense. Home insurance provides several different kinds of protection. When you have a mortgage, the lender requires you to maintain coverage, but it is a good idea, no matter what, to protect the major investment that your home is. At B & G Insurance in Miami, FL, we are locally owned and have more than 40 years of combined experience. We work for you and will use our expertise to find the best possible options to meet your needs. 

Home insurance is not static, it changes with you. What may have been adequate protection when you originally purchased your policy can end up being not nearly enough today. When your policy renews, most home policies renew yearly, that is the ideal time to check the declaration page to see what coverage you have and whether or not it provides enough protection. 

You need to consider if you have increased the value of your home significantly. The replacement value should reflect that increase. Have you added any additional risks such as a swimming pool, a dog, or a trampoline?  Are you worth significantly more than when you took out your policy? Is your liability coverage adequate and is it time to consider getting an umbrella policy? 

Have you made your home a safer place by adding a home security system or smoke detectors directly connected to the fire department? These are things that you need to make your insurance agent aware of. 

Have you added any jewelry, art, or collectibles to your home? You may need to consider content enforcement to extend the level of your coverage to protect the new additions. 

Basically, you should review your home policy any time you have a significant change in your personal situation. 

Contact B & G Insurance in Miami, FL when you are ready to discuss home insurance coverage.