Boat Insurance Add-ons and Riders

A policy owner can increase their coverage by adding riders to a policy to cover hobby equipment kept on the boat, upgrades to the watercraft, etc. This article explains the most common riders and add-ons for a boat policy to protect your watercraft investment in the waters of Kissimmee, FL, and elsewhere.

Customizing a Boat Policy

Familia Insurance Agency helps customers customize their boat policies to provide for the contingencies most common to their boat use. This coverage includes property on the watercraft and events that can happen to it.

Specialized Coverage Rider

Using your boat for fishing in deep waters can require radar for success. Ensure that the radar system gets insured against loss or damage with specialized coverage. Use this type of coverage to protect a navigation system or motor upgrade. This rider typically provides actual replacement cost coverage.

Consequential Damage Add-on

When you add consequential damage coverage, you protect yourself from financial loss from wear and tear to the watercraft. It covers items like corrosion, rot, mildew, and mold.

International Cruising Coverage

Fishing or traveling may take you and your watercraft into international waters. International cruising requires a rider, so your coverage extends to other nations. Of course, accidents happen everywhere, so it also makes sense to cover rescuing your watercraft if something happens to it out in the deep blue.

Salvage Cost Rider

This rider covers marine salvage, whether your boat gets damaged so it cannot return to shore or you must abandon it for safety’s sake. The salvage insurance also covers the cost of retrieving your cargo.

Towing Coverage

Sometimes, you run out of gas and need a tow to shore. A towing add-on pays this cost so you can return to the marina. Because a tugboat tow costs a lot more than you think per hour, a few dollars per month can save you a lot of money when you need this service.

Contact Familia Insurance Agency Today

Let Familia Insurance Agency, serving Kissimmee, FL, help you customize your boat policy. Contact us today for an appointment.

What Is Umbrella Insurance?

It’s essential to have enough insurance to protect yourself financially. You may have several insurance policies, but that may not be enough if a serious incident happens. Accidents happen, and the resulting bills can be costly. You can make sure you’re better protected by getting umbrella insurance. Call us at Familia Insurance Agency in Kissimmee, FL to get started with a policy. 

Add to Other Insurance Policies

Umbrella insurance is a type that adds coverage on top of some other policies that you already have. When you have a home and auto policy, getting umbrella insurance adds a blanket of coverage on top of both. It’s essential to have this extra coverage in case a serious accident costs a lot in medical bills and other expenses. After you have your home and auto policies in place, you can add umbrella insurance to raise the maximum payout for both policies. Getting umbrella insurance is much more cost-effective than directly adding more coverage to both policies. It saves you money and gives you peace of mind because you’ll know you’re protected against accidents. 

How It Works

Once an accident happens in your home or vehicle, your home or auto insurance will pay for the resulting medical bills from injuries. However, these policies can only pay up to their maximum payouts. After that, there may be more medical bills left over. When you have umbrella insurance, this policy comes in to pay what’s left over. These policies have extremely high maximum payouts to keep you protected. 

Get Umbrella Insurance

When you want more insurance coverage, we can help. Call us at Familia Insurance Agency in Kissimmee, FL to get umbrella insurance.

Mitigating Flood Risks: Steps to Reduce Your Vulnerability

Living in Kissimmee, FL is terrific, but it comes with the risk of flooding. Floods can be caused by heavy rainfall, melting snow, or even a hurricane. The devastating effects of flooding can result in damage to property, displacement of people, and loss of life. But you can prepare by protecting yourself and your home from floods is essential. Familia Insurance Agency shares some steps to reduce your vulnerability to floods.

  1. Invest in Flood Insurance: One of the best ways to protect yourself and your property from flood damage is to purchase flood insurance. Remember that most standard homeowners’ insurance policies do not cover flood damage, so it is important to obtain flood insurance.
  2. Raise Your Property: If you live in a known flood zone area, it may be beneficial to elevate your property. This can help keep your home above the flood waters in a severe flood. Consult with a professional contractor to ensure your house is adequately elevated.
  3. Install Flood Protection Devices: Several flood protection devices can help reduce your flood vulnerability. Consider installing sump pumps, check valves, and backflow preventers. These devices can help to prevent water from entering your home and causing damage.
  4. Secure Your Property: Ensure loose items like lawn furniture and grills are secured and anchored outside your home. Small items, like umbrellas, can become dangerous projectiles in a heavy storm.

Take measures to protect your family and property before floods happen. Get flood insurance, prepare your property in Kissimmee, FL, and do all that you can in advance. Contact Familia Insurance Agency for more proactive measures to reduce flood risk and could save you and your property from future destruction in Kissimmee, FL.

Does Condo Insurance Cover Stolen Belongings?

At Familia Insurance Agency in Kissimmee, FL, we help clients protect their most valuable assets and possessions, including their condos. If you’ve ever had condo insurance, you’ll know that every condo insurance policy is different. Still, there are key similarities between policies in terms of coverage.

In the tragic event of a break-in, you might wonder if your condo insurance policy could help you cover the cost of replacing some of your most precious items. While specifics vary from one policy to another, we can answer this question generally.

Does Condo Insurance Cover Stolen Belongings?

When someone has invaded your condominium and stolen important items, the last thing you want to think about is how you’re going to pay to replace those items if they aren’t returned. Knowing what your condo insurance policy covers can give you some assurance and security. 

While your policy might have different terms, condo insurance policies generally include personal property protection to cover stolen items like large electronics, furniture, and other valuable items. The amount that the insurance might reimburse for these items depends on the limits and specific conditions of the policy, so it’s always good to ask your insurance agent about these terms before you end up in this challenging situation.

If an item was stolen off the premises of the condo, it’s unlikely that your insurance policy will cover that replacement expense. For example, you have a stereo that usually stays in your condo. If you took it with you on vacation and experienced theft at your hotel, you wouldn’t be able to cover replacing that stereo with your condo insurance.

For more information about our condo insurance policies at Familia Insurance Agency in Kissimmee, FL, call our office today!

Tips to make your home more energy efficient

Saving energy at home is a great way to save money and help the environment. There are lots of simple changes you can make that will make your home here in the Kissimmee, FL area more energy efficient, helping to reduce your carbon footprint and lower your monthly bills.

Here are some tips from us at Familia Insurance Agency to get you started:

1. Install Energy-Efficient Lighting: Switching out old lightbulbs with LEDs or CFLs can provide significant energy savings. LEDs also last longer, so you won’t be replacing them as often. 

2. Unplug Appliances When Not in Use: Most appliances use electricity even when they’re off if they’re plugged in, so unplugging them when not in use is an easy way to save energy and money. 

3. Seal Leaks Around Windows and Doors: Sealing any air leaks in your windows and door frames can help keep heated air from escaping during the winter months or cold air from leaking out during the summer months, which saves on heating costs. 

4. Invest in a Programmable Thermostat: A programmable thermostat helps you keep your temperature at comfortable levels while ensuring it’s not running all day (or at night). Set it up to turn off when you’re away from home or asleep so you don’t waste energy on unnecessary cooling or heating cycles. 

5. Wash Clothes in Cold Water: Most loads of laundry can be washed just as well in cold water, so opt for this setting whenever possible—it’ll save energy and protect colors since hot water can fade fabrics faster. For more tips, give us at Familia Insurance Agency a call today. We are proud to serve the Kissimmee, FL area.

Three things you might not realize about commercial insurance

Investing in commercial insurance is important if you own a business in Kissimmee, FL. At Familia Insurance Agency, we provide insurance coverage to companies like yours.

You need to do your research to be fully informed about commercial insurance. The following are three things you might not realize about commercial insurance. 

Commercial insurance includes many types of coverage.

All commercial insurance policies are different since there are so many different types of commercial insurance. When you buy commercial insurance, you can choose to have liability, property, auto, errors & omissions, or workers’ compensation coverage included in your insurance policy. 

Before you buy a policy, you need to understand the different types of coverage that can be included in a commercial insurance policy. 

Commercial insurance may be required by law.

Some business owners don’t realize they must have commercial insurance. 

You might run into a lot of problems if you don’t have coverage when you’re required to carry commercial insurance. Be sure to read up on laws in your area and commercial insurance requirements if you’re a business owner in Florida. 

You have many options available regarding commercial insurance coverage.

When it comes to commercial insurance, there are always plenty of options available. Shop around to find the right insurance policy. 

Some insurance providers will offer better deals than others. That’s why you should get numerous quotes before purchasing a commercial insurance policy from a particular provider. 

We provide insurance policies to companies in Kissimmee, FL at Familia Insurance Agency. Contact us today to learn more about commercial insurance or get a quote on a commercial insurance policy. 

Can Renters Always Get Their Deposits Back?

Did you know roughly eight million people in Florida rent? The ratio of owners to renters is 66:34. One of the most common conversations between renters and landlords involves deposits. Fortunately, there are regulations in place that affect landlords and tenants. Here at the Familia Insurance Agency serving the Kissimmee, FL area, we want you to understand your rights as a tenant or landlord.

How Do Rental Deposits Work?

In Florida, a landlord has 15 days to return their full deposit amount after a tenant moves out. If the landlord wants to file a claim to reduce the deposit amount, they must inform the tenant in writing by certified mail within 30 days. The written notice must come as a notice of intention that details why the full deposit amount won’t be returned. It will be sent to the tenant’s last known address, so tenants should always leave a forwarding address when vacating the premises.

The tenant has only 15 days to object to the claim after getting the notice of intent in the mail. If the tenant does not respond, the landlord has 30 days after the notice of intent was initially mailed to return the remaining deposit balance.

Tips for Getting a Deposit Back

The easiest way to get the full deposit amount back is to follow all of the landlord’s requirements in the original rental agreement. If there are any holes in the wall, you’ll want to patch, repair, and paint them before moving out. It’s also helpful to steam-clean any carpets before moving out. Simply put, you want the premises to look as they did when you moved in. You can also contact the Familia Insurance Agency serving the Kissimmee, FL area to learn more about getting your full deposit back.

Do I Need Condo Insurance in Kissimmee, FL?

You may wonder if you need condo insurance if you own a condo in Kissimmee, FL. While it’s not legally required, condo insurance can provide additional protection and peace of mind beyond what’s covered by the property owner’s insurance.

What is Condo Insurance?

Condo insurance, also known as HOS insurance, is a type of insurance policy that covers specific aspects, such as your personal belongings, interior walls, and fixtures. It also provides liability coverage if someone is injured on the property.

Understanding the Master Policy

As a resident in a condo, you are automatically covered by the condo association’s master’s policy. However, note that you may not have all the coverage you need. For example, the master policy may only cover the building’s exterior and common areas, leaving you responsible for the rest of the property. In this case, having a condo insurance policy will provide you with the extra coverage you need to protect your personal belongings and financial assets.

Choosing Your Policy

When customizing a condo insurance policy, it’s essential to calculate the value of your personal belongings, the type of coverage you need, and your budget. The team at Familia Insurance Agency will help you understand the different coverage options available and find the policy that best meets your demands and financial situation.

Speak with an Agent

If you’re unsure whether you need condo insurance, the team at Familia Insurance Agency serving the Kissimmee, FL, area can help. We are experts in the insurance industry and can help you understand your coverage needs. In addition, we will assist you with comparing different insurance policies to find the right one. So give us a call to set up an appointment.

What Should You Know About Home Insurance?

Your home is probably the most valuable investment in your life. The second significant investment after purchasing a house is home insurance to protect it. Therefore, before moving into your new home, you need to ensure that you have proper home coverage to protect your dwelling, personal belongings, and yourself.

Here is what you need to know about home insurance: 

What is home insurance?

Home insurance is defined as the type of insurance that provides financial protection if something happens to your house and personal belongings. The standard home insurance policy covers fire, theft, accidental damage, and more. 

Home Insurance Has Some Limits

Like any other type of insurance, home insurance does not cover everything. For example, it typically does not cover flood damage. Thus, if you live in a flood-prone area, getting a special type of insurance known as flood insurance is recommended. Standard home insurance also does not cover damage caused by earthquakes. 

Home Insurance Is Not Required In Florida

Homeowners in the state of Florida are not required to carry home insurance. However, even though it is not mandatory, you should consider purchasing a policy to protect your home and precious belongings from theft, vandalism, fire, lighting, and other unfortunate and unpredictable events. 

Familia Insurance Agency in Kissimmee, FL – Reliable and Trustworthy Insurance Company in Florida

Familia Insurance Agency is a company that has been serving clients in Kissimmee, FL, and other nearby towns for over 14 years. We offer different types of insurance, including home insurance as well. Therefore, if you are a lucky property owner in Florida and shopping for home insurance to protect your precious investment, you can count on us. Feel free to visit our website or give us a call if you want to know more. 

Does My Renters Insurance Cover Flooding in Kissimmee, FL?

If you’re a renter in Kissimmee, FL, chances are you’ve asked yourself this question at least once. Floods can cause catastrophic damage to your home and all of its contents, so it’s essential to know if your renter’s insurance will cover any flooding that may occur.

What is Covered?

Most standard renter’s insurance policies include coverage for water damage caused by an overflow from plumbing or appliance failure. You are most likely covered if your toilet overflows or your washing machine floods your apartment. Speak with a Familia Insurance Agency agent to determine the exact details of your policy and what is covered.

What Isn’t Covered?

Renter’s insurance does not cover floods caused by natural disasters like heavy rain or overflowing rivers. If the water damage occurs because of negligence on behalf of the landlord or tenant, it’s unlikely that the policy will cover it. It’s important to note that even if you have flood coverage through an outside company, it may not cover all the damage by a flood—especially if it was pre-existing damage caused by a previous flood or water leakage issue.

What Can I Do To Protect Myself?

When you move into a new rental unit, ask questions about its history with flooding and whether any measures are in place to prevent future flooding incidents. Familiarize yourself with your current renter’s insurance policy and ensure that any changes are reflected in your policy and your monthly premiums.

Keep these tips in mind as you review your renter’s insurance policy moving forward – knowledge is power! Do you want to learn more about protecting your home and belongings in Florida? We are here to help! Contact the experts at Familia Insurance Agency with questions about renter insurance.