How Does Condo Insurance Work?

Condo insurance is an important type of coverage that every condo owner should have. It can protect you from a broad range of problems that can be extremely expensive to handle. If you need an insurance policy for your condo, call us at Pro America Insurance in Naples, FL. 

Your Dwelling

Condo insurance gives you a specific amount of protection for your dwelling. The part of the dwelling that you own is the only part that you need to insure. Certain areas, such as the outside walls, are not owned by you and must be insured by the condo board. The interior portion that you own may end at the inside walls that are around the edges of the condo. For some, it may include the inside area between the outer walls and your inner ones. 

Your Belongings

Another type of coverage that is included with a condo policy is insurance coverage for all of your belongings that are inside your condo. If something serious were to happen and your possessions were destroyed or badly damaged, this coverage can help you to get started again with replacements for the items you lost. When you get your condo insurance, it’s recommended that you keep a basic inventory of your possessions along with some pictures of the things you own for insurance purposes.

Moving

If a serious incident made your condo uninhabitable, your condo policy can pay for you to move elsewhere and to stay there while your home is being made habitable. This is important coverage for continuing with your standard of living even after a major incident like a disaster. 

Get Your Condo Policy

If your condo is not yet insured, give us a call right away at Pro America Insurance in Naples, FL to discuss your condo and your insurance needs. 

Top Things You Need To Know About Boat Insurance

If you own a boat in Naples, FL, you must have heard about boat insurance. But do you know what boat insurance covers? Are you asking whether it’s mandatory in Florida? Indeed, a flurry of questions can run through your mind regarding boat insurance, but Pro America Insurance is here to help you understand boat insurance better. 

Boat insurance isn’t legally required in Florida

Yes, no law requires you to carry boat insurance in Florida. However, if your boat is financed through a loan, your lender may require you to purchase boat insurance to protect their financial interest. 

You need boat insurance throughout the year

Yes, you don’t use your boat throughout the year, but you may need to carry boat insurance all year round. Here are the reasons you need boat insurance all-year-long:

  • Your lender requires you to have boat insurance throughout
  • Risks don’t have an off-season
  • Risks exist outside the water, too

While you may try to make a saving by canceling your boat insurance when not using your boat, it could be your worst nightmare when disaster strikes. 

Home insurance gives you limited protection

While it’s true home insurance protects your boat, the coverage is only applicable when your boat is within your property. Additionally, the coverage is significantly low compared to what you would get with boat insurance. 

There are several boat insurance coverages to consider

Just like your auto or home insurance, boat insurance comes with various options. Some options to consider include:

  • Comprehensive coverage for non-collision perils
  • Collision coverage to pay for damages from accidents/collisions
  • Liability coverages to cover property damage and bodily injury to third parties
  • Medical payments coverage to pay for medical expenses for injuries sustained in a boating incident

Would you like to buy boat insurance in Naples, FL? Please contact Pro America Insurance for a competitive quote.

Do I need flood insurance in Naples?

Those that are in the Naples, FL area should consider purchasing a home. Those that are going to purchase a home in this area will enjoy having a consistent place to live and could see their housing value increase over the years. If you do buy a home here, it is important that you get insurance for it. There are several reasons why some people here may need to have a flood insurance plan to properly protect their home.

Insurance Protects Asset

A key reason that you will need to get a flood insurance plan here is that it will protect your home. There are some areas of Naples that are more prone to flood risk than others. If your home is damaged in a flood, it could be very detrimental. Fortunately, you can mitigate this risk of damage by investing in a flood insurance plan that will give you the coverage you need to repair your home following flood damage. 

Insurance is Often Required

A key reason that you should get a flood insurance plan is that it will be a requirement for many borrowers. If you have taken out a loan to buy your property in Naples, you will need to meet your lender’s insurance requirements. Depending on if your home is in a flood zone that is deemed to have high flood risk, this could include requiring you to have flood insurance. Most lenders will need to approve your plan and will escrow payments to ensure you remain covered.

Getting flood insurance in Naples, FL is important. When you are looking for coverage, calling Pro America Insurance will be helpful. Pro America Insurance knows the value that comes with this coverage and they can provide the help you need to choose a new plan. 

Tips to consider before buying boat insurance for first time boat buyers in Naples, FL

Florida boat owners are not demanded to procure licenses to operate their watercraft vessels. However, the law requires you to register and title your boat with the federal state of Florida. As a boat owner, especially the first-time buyers in Naples, FL it’s imperative to consider buying boat insurance that will safeguard you, your boat, and your passenger while on Florida waters. The price of boat insurance in Naples, FL depends on a variety of factors such as:

Your boat’s value.

  • Your boat storage and its maritime territory.
  • The size and type of your watercraft.
  • How often your boat is used and its use.

Acquiring an outstanding boat insurance policy is crucial because you are not worried about what might happen if a disaster strikes your boat. You are guaranteed protection when you are exploring Florida waters. This risk has necessitated most boat owners in Naples FL to turn to Pro America Insurance to provide them with complete insurance coverage for their precious investment. Visit us today, and we will instill peace of mind while you are enjoying your boating escapades.

Tips to consider before buying boat insurance for first-time buyers in Naples, FL.

  • Your Auto and Home insurance policies do not cover your boat insurance: An auto insurance policy does not protect your boat while it’s in the water, but only when traveling with it while attached to your vehicle on land. A homeowner’s policy will cover your boat while on your property, but when it’s in water can only cover a small boat or a boat with a small engine in certain waterways.
  • Choose the right agent: If you do not want to suffer a loss from a certain discrepancy in the boat insurance policy, it’s prudent to put the effort in locating the right agent for your boat needs who is well versed with boat insurance matters.
  • Establish the minimum requirements for boat insurance by your state: Though many states do not require boating insurance, legal requirements are not the only consideration. If you take a mortgage to procure your boat, the lender holding the loan will require boat insurance.
  • Know your insurer: As a new boat owner in Naples, FL, the best way to go is to procure your boat policy directly from a reputable insurance entity or a boat insurance specialist. You can also add your boat insurance to your homeowner’s policy that you procured from an independent insurer.
  • How do you want to use your boat: It’s paramount to know why you are buying your boat. Is it for recreational or business purposes? Ensure that you select a good policy that is in tandem with your boat needs.

Contact us today or visit our Pro America Insurance located in Naples, FL for more information about boat insurance.

Does Motorcycle Insurance Cover Your Passenger?

Having a motorcycle can make the Florida sunshine even more enjoyable. But if you’re not sure about the type and level of coverage you have, you could be unintentionally putting other people at risk. If you’re in the Naples, FL area and have questions about motorcycle insurance, Pro America Insurance can help. Then you can have the right kind of policy for your needs, and make sure you’re protecting both yourself and your passenger if you should be involved in an accident while on your bike. That can add to your peace of mind, as well.

Whether your policy will cover a passenger depends on the kind of coverage you have for your bike. That’s a big part of the reason why it’s so important to work with a knowledgeable agent. When you talk to an insurance professional, you can get the information you need to make sure you have the coverage you need. If your passenger expects to be covered under your insurance, or asks you about it, you’ll want to be able to give that person the right information on any risks they may be taking by riding with you. It’s possible to get a policy that covers passengers, but not all policies offer that protection.

If you have questions about motorcycle insurance, or you need to get or update a policy, reach out to us at Pro America Insurance today. We help riders in and around the Naples, FL area with their coverage needs, to make sure they have the protection and information they’re looking for. With a good bike policy, you can focus on having fun and enjoying the weather, and take a passenger with you while protecting them, too. There are some great places to explore on your bike, and knowing you have quality coverage can make that exploration more enjoyable.

A Thorough Overview Of Accident Insurance

Pro America Insurance serves the Naples, FL community by offering multiple types of insurance policies. Helping our clients find the coverage they need is our top priority. We use our status as an independent agency to help our clients assess a wide variety of coverage options.

Accident Insurance Overview

It’s hard to predict the future. Things can change in an instant. Accident insurance offers a layer of protection as you deal with the trials and tribulations of life. If an unexpected situation arises, you will be covered. The policy covers your care and rehabilitation if you are injured in an accident. You can add accidental insurance to supplement your traditional health insurance policy. In addition to covering your treatment if you are injured, you can add coverage to protect you if you are playing in an organized sports league and you suffer an injury.

Accidental insurance also covers you during times of grief. If you pass away due to an unfortunate accident, the policy will provide a safety net to your family as they deal with your passing. If you have to miss work for an extended period of time, you will be covered. This can help alleviate some of the stress that you may feel while you are off work and recovering. In the event that you decide to pursue another employment opportunity in Naples, FL, you will still be covered.

Remember that accident insurance is intended to be used as an extra layer of protection if you suffer a severe injury. You should still research traditional health insurance policies. However, if you break a bone in your body or go through some other type of catastrophe, accident insurance will cover you through the healing process.

Pro America Insurance Will Help You Plan For The Future

Visit our website today to learn more information about accident insurance.

Three of the biggest mistakes you could make when you purchase boat insurance

Boat insurance is important to have for boat owners in Naples, FL. If you are a boat owner, we can help you find the right insurance solution at Pro America Insurance.

The following are three of the biggest mistakes you could make when you purchase boat insurance. Avoiding these mistakes is essential for protecting yourself financially.

Thinking home insurance will cover your boat

Home insurance is not meant to be used as your sole source of boat coverage. While home insurance coverage might cover damage to your boat while it’s on your property, it’s not going to cover anything when your boat is off your property.

Most likely, you bought your boat to use it off your property. That’s why investing in boat insurance coverage is so important. 

Picking a deductible amount that’s too high

The amount of your deductible is one of the most important considerations when it comes to your insurance policy.

A deductible amount that’s too high could create financial problems for you if you end up needing to file a claim. That’s why it’s important to choose a deductible amount that you will always be able to pay out of pocket. 

Canceling your policy during the offseason

Boat owners are often tempted to cancel their policy during the offseason to save money. However, this is never a good idea. Your boat could become damaged while it’s in storage. If you cancel your policy, you won’t be compensated for the damage that occurs while your boat is in storage during the offseason. 

Contact us today to learn more about boat insurance in Naples, FL. At Pro America Insurance, we can help you find the right boat insurance policy. 

What coverage comes with a full motorcycle insurance policy?

The Naples, FL area is always widely considered to be a great place to live in or visit. When you are here, there is warm weather for most of the year, which can also make it a great place to own a motorcycle. If you are looking to get a motorcycle here, you should ensure that you get into a quality insurance policy as it will provide you with several forms of insurance coverage. 

Coverage for Liability Risk

One form of coverage that comes with a standard motorcycle insurance policy is coverage for liability. Even if you are a very reliable and careful motorcycle rider, there is going to be a chance that you could cause an accident. If this occurs, you will have to pay for any damages that are caused. When you get a motorcycle insurance policy, you will receive coverage that will give protection if you are at fault for an accident that causes damages.

Coverage for Asset

Another reason that people should get an insurance policy for their motorcycle is that they will get coverage for their assets. A motorcycle can be a very big purchase that you will want to protect as well as possible. If you invest in a full policy that offers collision and comprehensive coverage, it can ensure you and your motorcycle are covered for a wide range of issues that could result in a loss including theft or accident damage. 

If you are going to get a motorcycle in the Naples, FL area, it is a good idea to speak with the team at Pro America Insurance to discuss your insurance needs. When you call Pro America Insurance you will get a lot of guidance and support. This will ensure you and your motorcycle remain properly covered and protected at all times. 

What type of life insurance is best for me

Life insurance offers several benefits depending on the type of insurance that you purchase. The main reason for purchasing life insurance is the death benefit. It benefits your loved ones if you are taken from them. Life insurance does offer more than that however, it offers cash value that can be borrowed against. If you are someone who has trouble saving, it can get you off to a good start. At  Pro America Insurance in Naples, FL, we are locally owned and operated and have been in business for 35 years. 

Whole Life

Whole life insurance is insurance that stays with you for your whole life, it doesn’t end. It has some advantages especially when it is purchased young. First, it will never go up in price, that’s right it stays the same forever. Second, it earns dividends. While it isn’t the best way to save, it is a way to save. Third, you can borrow against your policy and that can come in handy if the need ever arises. 

Term Insurance

Term life insurance lasts for a term, It can be 10 or 20 years. The price is usually a lot lower than whole life but when the term is up you have nothing to show for, you are strictly paying for protection. At the end of the term, you may be able to extend the policy but not at the same price. 

Life insurance needs are something that changes over the years. You may end up not just buying one type of insurance. Both types may have a place in your long term financial plans. At Pro America Insurance in Naples, FL, we are full-service independent agents and we can offer you policies from top carriers. Stop by our office or give us a call to discuss your life insurance needs. 

What Coverage is Included with Commercial Insurance?

Commercial insurance has two main components: workers’ compensation and commercial auto coverage. In Florida, businesses are required to carry at least state-mandated minimum coverage in both types of policies. For those not in the know, workers’ compensation is required for any Florida business that has four or more employees – regardless of whether they are full-time or part-time. Additionally, if your business is in the construction industry then even one employee means that you must have workers’ compensation insurance. In short, this policy helps pay for any medical bills associated with an employee’s workplace injury or illness. Next, any vehicle that is owned by the commercial enterprise must have commercial auto insurance to the tune of $10,000 property damage liability per accident and $10,000 personal injury protection. Although it is not a state requirement, if you require employees to use their personal vehicles for work purposes then be sure to inquire about hired and non-owned auto insurance because the vast majority of personal auto policies exclude business use.

In addition to workers’ compensation and commercial auto coverage, there are additional insurance types that you may want to consider purchasing if they’ll benefit your business. Examples include cyber liability insurance which helps pay for the damages associated with a data breach or cyberattack, professional liability insurance that provides coverage for client lawsuits because of a mistake or omission, and much more. By working with a trusted company like Pro America Insurance in Naples, FL you’ll have access to a plethora of options and a team of professionals that know the insurance industry like the back of their hands. For help in choosing the perfect policy for your business, give us a call today to schedule a no-obligation consultation.