Is RV Insurance always needed in Miami?

If you are in Miami, FL, having a convenient way to get around Florida and the rest of the country is a great idea. If you have the dream of traveling the country, buying an RV could be a great option as you will have a vehicle and a place to sleep at night. If you are going to get an RV in this area, you should consider your insurance needs. There are several reasons why RV insurance will be needed in this area. 

Liability Insurance Requirements

Similar to when you are going to operate any other type of vehicle in this area, you will need to have an RV insurance policy as it will give you valuable liability insurance that is required by state law. Those that have any type of vehicle in Florida and do not have liability insurance while driving on a public road could face penalization. 

Required by Lender

Another reason why someone may need to get an RV insurance policy in this area is that their lender will require it. Anyone that takes out a loan to purchase an RV will have insurance requirements. Most of the time, you will need to provide evidence of insurance when the loan is closed. If you do not have this insurance coverage in place, you could be found in default of your RV loan.

There are a lot of situations when having RV insurance in the Miami, FL area will be a requirement. As you are shopping for a new RV insurance policy in the area, you should reach out to the team at B & G Insurance. The insurance team at B & G Insurance can help you to build and choose an RV insurance policy that will provide you with the right coverage. 

Three motorcycle safety features that could reduce insurance costs

These days, motorcycles are getting increasingly safer to ride. There are now numerous safety features you can add to your motorcycle. These safety features don’t just prevent accidents and injuries, but they can also lower the costs of your motorcycle insurance in Miami, FL.

At B & G Insurance, we like to encourage the motorcyclists we insure to do everything they can to stay safe out on the road. The following are three motorcycle safety features bikers can add to their motorcycles to stay safe and minimize insurance costs. 

Anti-lock brakes

You might associate anti-lock brakes with automobiles. However, anti-lock brakes are also being put on motorcycles now to provide more control when bikers are stopping. This helps to avoid skidding and sliding in adverse weather conditions and can prevent accidents. 

Airbag equipment

Airbags are also more associated with automobiles than motorcycles. However, nowadays, bikers can wear clothing with built-in airbag equipment that deploys instantly if an accident occurs. This equipment has been shown by research to be highly effective at preventing injuries and minimizing their severity in the event of a motorcycle accident. 

LED lighting

A lot of bikers add LED lighting to their motorcycles because they like how it looks. However, LED lighting isn’t just beneficial for appearances. LED lighting is also effective at improving visibility for bikers. 

LED lighting on a motorcycle can make riding in the dark or overcast and low-light weather conditions safer. 

If you’d like to learn more about motorcycle insurance policies available in Miami, FL, contact us at B & G Insurance. We’ll help you find the ideal motorcycle insurance policy for your needs. 

When is boat insurance required in Florida?

Living in the Miami, FL area is a dream that many people have. When you live in this area of Florida, you are going to have access to many amazing activities. One activity that you can enjoy almost all year is going out on a boat. If you do purchase a boat in this area of Florida, it is vital that you consider your insurance needs. There are several situations when boat insurance will be required for you.

Lender Requirement

One situation when you need to have both insurances in this area is if you have a loan on your boat. Buying a boat can be a huge expense. Because of this, many people decide to take out a loan to finance the purchase. If you choose to do this, you are going to be required to comply with the lender’s requirements. This will generally include requiring you to get a full boat insurance policy.

Local Requirements

You may also need to have a boat insurance policy based on where you will be using your boat. If you plan on using certain marinas or private waterways, there is a good chance that you will need to have boat insurance. When you have this coverage, you will receive coverage for liability. This will provide assurances to all other people in the area that you can pay for damages if you cause an accident in a certain area.

When you purchase a boat in Miami, FL, it is essential that you speak with B & G Insurance about your insurance needs. When you speak with these professionals, B & G Insurance can help to explain why you need to get insurance for your watercraft. We can also help you find a policy that will give the right coverage for your lifestyle. 

When is boat insurance required in Florida?

Living in the Miami, FL area is a dream that many people have. When you live in this area of Florida, you are going to have access to many amazing activities. One activity that you can enjoy almost all year is going out on a boat. If you do purchase a boat in this area of Florida, it is vital that you consider your insurance needs. There are several situations when boat insurance will be required for you.

Lender Requirement

One situation when you need to have both insurances in this area is if you have a loan on your boat. Buying a boat can be a huge expense. Because of this, many people decide to take out a loan to finance the purchase. If you choose to do this, you are going to be required to comply with the lender’s requirements. This will generally include requiring you to get a full boat insurance policy.

Local Requirements

You may also need to have a boat insurance policy based on where you will be using your boat. If you plan on using certain marinas or private waterways, there is a good chance that you will need to have boat insurance. When you have this coverage, you will receive coverage for liability. This will provide assurances to all other people in the area that you can pay for damages if you cause an accident in a certain area.

When you purchase a boat in Miami, FL, it is essential that you speak with B & G Insurance about your insurance needs. When you speak with these professionals, B & G Insurance can help to explain why you need to get insurance for your watercraft. We can also help you find a policy that will give the right coverage for your lifestyle. 

Do I need umbrella insurance coverage?

An umbrella insurance policy is an important consideration for everyone. However, it becomes particularly important if you hold a lot of personal property or other assets. An umbrella policy can step in and provide additional liability coverage when you exhaust the policy boundaries of your existing insurance, protecting your holdings. B & G Insurance serves Miami, FL and is ready to discuss your umbrella insurance needs.

Do you carry a lot of insurance policies? 

If you already have a number of insurance policies on your personal property, such as boat insurance, RV insurance, auto insurance, and home insurance, you are a likely candidate for an umbrella policy. This is even more true when you have multiple pieces of property insured on each policy. Each item is an asset, and each policy indicates a certain level of exposure to liability. If an accident occurred at a home, in a car, or while recreating, your umbrella policy can step in.

Do you work in a high-risk profession?

Certain umbrella policies can also provide protection from libel and slander suits and other professional liability hazards. When you work in a high-risk industry, always speak to your insurance agent about an umbrella policy and if it covers work-related hazards.

Do you have substantial savings or investments? 

If the answer is yes, you need an umbrella policy to protect your holdings in the event of a lawsuit. Even if you opt for high coverage on existing auto or home policies, an accident involving multiple people can quickly max out your coverage. The umbrella policy steps in at this point to provide additional coverage if you are sued for damages or face additional medical bills and fees.

To discuss your particular situation with an insurance agent, contact B & G Insurance serving Miami, FL. We are prepared to answer all of your coverage questions and provide quotes. Call today or visit our website to find out more.

5 Must-Know Facts about Flood Insurance

Flood insurance isn’t just for homeowners who live in flood zones. Any homeowner can be susceptible to flood damage, especially if you live in the Miami area. Flood insurance from B & G Insurance can eliminate the fear of losing your Florida home or valuable possessions in an unforeseen flood disaster.

The following facts about flood coverage can help you determine if flood insurance is a good investment for you.

  • Floods can occur anywhere, not just in a flood zone. In fact, it’s estimated that approximately a quarter of flood insurance claims that are made come from homeowners who don’t live in flood zone areas. Tropical storms and hurricanes are major causes of flooding, both of which are common to the Miami area. This makes almost any Miami homeowner vulnerable to flooding. 
  • Standard home insurance policies do not cover flood damage. Without flood insurance coverage, you risk paying for flood damage out-of-pocket. A major flood could cause you substantial financial loss due to water damage to your home and total loss of furniture, appliances, electronics and other valuable belongings.  
  • Flood insurance is affordable, especially if you live in a moderate risk or low-risk area. You can buy flood coverage for just your home, just your possessions, or both. Renters also can partake in the contents’ protection that flood insurance has to offer.
  • As there’s generally a 30 day “waiting period” before flood insurance is activated, it’s important to purchase your policy with plenty of time in anticipation of the rainy season in the Miami area. Having your policy in place well in advance will ensure you’re covered in the event of a flood.  
  • Flood insurance is readily available through the National Flood Insurance Program or your B & G Insurance agent in Miami, FL.  

Call or visit us in Miami, FL today for the flood insurance protection you need.

When’s the Best Time to Get Life Insurance?

When you’re young and single, life insurance probably isn’t much of a priority in your financial portfolio. Strange as it may seem, however, the best time to purchase a life policy is when you’re young and healthy and can afford it. A life policy from B & G Insurance in Miami, FL can be a tremendous asset to a young professional, providing you with a financial safety net for what’s to come. Here’s why it’s best to buy life insurance when you’re young.

Reduced Costs

Life insurance is cheaper when you’re young, enabling you to save thousands of dollars in your premium over the long haul. By buying a policy when you’re young, you can lock in a good price for when you get older and have a family.

Your health can also affect life insurance costs. As you grow older, you’re more prone to develop chronic health problems that will drive the cost of life insurance much higher. By getting life insurance when you’re young and healthy, you can capitalize on your coverage for years to come.

Financial Cushion for Loved Ones

If you’re supporting aging parents or are living with a significant other, your loved ones could suffer financially if you were to suddenly pass on. Life insurance can give you peace of mind that your loved ones will be taken care of after you’re gone.

Clear Debts

If your loved ones have co-signed loans with you, they could be held liable for repaying these debts upon your demise. Benefits from your policy can be used to pay off co-signed debts so your loved ones can move on with a clean slate. Benefits can also be designated to pay your funeral costs, alleviating the remaining family of this financial burden.

To learn more about life insurance options and costs, contact B & G Insurance in Miami, FL.

What Is Renter’s Insurance and How Does It Work?

Renters insurance is usually not required by law, but your landlord may request that you carry it. Even if he or she does not require it, you should still consider it. For those in the Miami, FL area, B & G Insurance wants to help you understand renters’ insurance so that you can make the best decision for your life.

It is essential to understand the difference in your landlord’s property insurance and renters’ insurance. Your landlord should carry insurance on the property you are renting itself. This usually covers damages to the property that is not your fault, such as fire due to faulty wiring or storm damage. That insurance should cover that damage and may include the costs of your stay elsewhere in case the property is uninhabitable for a time. Also, if someone is injured due to an issue with the home that is the landlord’s responsibility, the landlord will likely be deemed liable. However, their coverage will probably stop there.

In the case of a fire or storm, the landlord’s insurance will often not cover your lost possessions. If the fire is started due to something you have done or not done, the landlord will not be liable. Also, if a visitor is injured in your home and it is deemed your fault, you will be responsible. 

These are some of the main times that renters insurance would come in handy. It protects you and your possessions regardless of the landlord’s insurance coverage. It can also help provide you with other accommodations if your landlord’s insurance does not.

If you are interested in renters insurance and you are in the Miami, FL area, stop by or give B & G Insurance a call!

 

Home Insurance: Getting Your Home Ready For Winter

You need to make sure that you do everything that you can to prepare your home for winter in Miami, FL. This includes not only prepping your home physically but also protecting it with home insurance. Insurance agents at B & G Insurance are here to assist you every step of the way.

Winterize Your Home

When you’re in Florida, there’s no need to worry about pipes freezing or ice building on your roof. However, you should still prep for some colder weather. Be sure that your AC has been inspected recently so that it can be switched over to heat without cause for concern. Further, it can be beneficial to have tarps or large blankets around to cover landscaping when there’s a frost warning in place.

Protect Your Home

You should also have a look at your home insurance policy. Is it as sufficient as you need it to be? Particularly when you’re planning on having a holiday party, you want to look to see if you have enough liability coverage. This way, if someone gets injured at your home over the holidays, you have the coverage when you file a claim.

There are all sorts of ways for you to protect your home with a reliable home insurance policy. This includes looking at what is covered in your home in case you have made recent home additions. The good news is that there’s no reason for you to go through the process alone. You can get the help of a professional agent to answer questions and ensure you have sufficient protection.

Learn more about ways to keep your home protected by calling us at B & G Insurance. One of our agents can help you build a custom home insurance policy for you in Miami, FL.

Is it Time to Upgrade Your Auto Coverage?

Humans are creatures of habit, and once they do their research and make their initial decision about insurance coverage, they usually tend to just stick with what they know. Rolling over your policy year after year without review can lead to unwanted surprises down the road when your policy doesn’t keep pace with your current needs. Upgrading an auto policy may be necessary for you and your family if any significant changes have occurred in recent months or years. Residents in the greater Miami, FL area can rely on B & G Insurance to help them review their auto insurance options and determine which is right for their needs.

Is it Time to Upgrade Your Auto Policy?

If you have added new drivers or vehicles onto your policy, or it’s just been a while since you’ve taken a look at your auto insurance policy, it’s probably time for an upgrade. Increased coverage limits can help make the recovery from an accident less stressful. There are also many optional features that can help your life go more smoothly, such as rental car coverage and roadside assistance. We also recommend enhanced medical coverage as well as additional protection from under and uninsured drivers. If you want the peace of mind that comes with knowing you have a comprehensive auto insurance policy, it’s time to consider an upgrade. Florida auto insurance guidelines are the minimum requirement, and there are a lot of benefits that come with an upgraded, comprehensive policy.

Auto insurance isn’t one-size-fits-all and it may be time for you to upgrade your current policy. If you’ve had the same insurance for a while, contact B & G Insurance today to find out the auto insurance options available in the greater Miami, FL area.