Do You Need Mobile Home Insurance?

How do you know if you need mobile home insurance? Most mobile homeowners need some form of financial protection.

If you own a mobile home, then you should know that ownership comes with a whole set of responsibilities. Aside from paying for the utilities and maintenance, you’ll need to find the right kind of coverage. A decent mobile home insurance plan should pay for all of your needs, including property damage and liability claims.

At Peninsula Underwriters Insurance Agency, our Gainesville, FL team specializes in covering mobile homeowners in the event of a crisis or event.

What Does Mobile Home Insurance Cover?

Mobile home insurance is versatile, covering a number of situations. Those situations might include vehicle collisions, fire damage, water damage, storm damage, theft, vandalism, or property losses.

If you’re a mobile homeowner searching for a sense of financial security, then it’s recommended that you purchase an insurance plan that meets your specific needs. Living in Florida means your mobile home will be more susceptible to storm damage from hurricanes; your best option will be to find a policy that pays for storm damage as well as other things. 

We Are Here To Help!

Are you living in a mobile home in Gainesville, FL? Peninsula Underwriters Insurance Agency has got you covered.

Our agency provides insurance coverage for mobile homeowners. If you are interested in hearing more, give our agency a call to schedule an appointment. We’d be happy to list the insurance plans and policies that suit your mobile home needs.

How much flood insurance do I need?

Floods are one of the leading causes of property damage here in the Gainesville, FL area and around the United States, and many homeowners don’t realize the importance of having adequate flood insurance coverage from Peninsula Underwriters Insurance Agency.

How much flood insurance do you need? 

There is no one-size-fits-all answer when it comes to getting the right amount of flood insurance. Generally speaking, most insurers recommend that a homeowner have at least $250,000 in coverage for their dwelling and an additional $100,000 for personal property. Additionally, if you live in a high-risk area or own a home with expensive furnishings or valuable possessions inside, you may want to consider purchasing more than the minimum recommended amount. 

When considering how much flood insurance you need, take into account the potential costs associated with rebuilding your home and replacing your belongings if they were destroyed by a flood. You should also check with your state’s department of insurance to see what kind of additional coverage might be available to you depending on where you live. 

No one likes to think about floods occurring in their home – but being prepared is critical. Having adequate coverage through a sound flood insurance policy can help ensure that you and your family are able to repair and replace belongings if disaster strikes.

Want To Learn More?

If you have any additional questions about your insurance policy or want a review to make sure you are adequately covered, give us at Peninsula Underwriters Insurance Agency a call today. We are proud to serve the Gainesville, FL area and would be happy to help you find a policy that suits your needs and your budget.

Is Auto Insurance Required in Florida?

When you register any type of vehicle with four wheels in the state of Florida, you have to show proof of Personal Injury Protection (PIP) and Property Damage Liability (PDL) automobile insurance. These two types of insurance coverage will help pay for medical expenses and property damage if an accident occurs.

Our agents at the Peninsula Underwriters Insurance Agency serve the Gainesville, FL area and can explain the other types of auto insurance coverage options that are available for Florida drivers.

Uninsured and Underinsured Motorist Coverage

While the state of Florida does not require motorists to have uninsured and underinsured motorist coverage, it’s a good idea to have it anyway. This type of insurance will help pay for any medical bills or property damage you incur if you are involved in an accident with a driver who has no insurance or does not have an adequate amount of insurance to cover your bills.

Collision Insurance

Collision insurance is very important to have in place since it will help pay for your vehicle if you collide with another vehicle or even a stationary object. It can also help pay for any damage to the other vehicle or the object that you collided with.

Comprehensive Insurance

Comprehensive insurance is very important to have since it will help you protect your vehicle if it is damaged by a natural disaster, an act of vandalism, or a fire. It can also assist you with replacing your vehicle with a comparable one if your vehicle is stolen.

Get Your Policy Started

Call the agents at Peninsula Underwriters Insurance Agency serving the residents of the Gainesville, FL area today to get your policy started!

How much condo insurance do you need?

When it comes to purchasing condo insurance, the amount of coverage you need depends on several factors. In general, the most important factor is how much coverage is required by your condominium association’s insurance policy. Suppose the policy has a minimal amount of coverage specified. In that case, you will want to purchase a policy from Peninsula Underwriters Insurance Agency that matches or exceeds that amount, depending on your personal needs.

In addition to the condo association’s policy and requirements, other factors such as location and your personal assets should also be taken into account when determining how much condo insurance coverage you should purchase. Generally speaking, if you live in an area prone to natural disasters like hurricanes or floods, like in Gainesville, FL, then it is wise to invest in more comprehensive coverage than the association requires.

When shopping for condo insurance policies, there are a few key terms and levels of coverage to understand:

Liability Coverage:

This covers third-party property damage and bodily injury caused by an insured event (such as a fire). It can also cover medical expenses associated with an injury sustained while on your property.

Personal Property Coverage:

As its name suggests, this type of coverage provides financial protection in case any of your possessions are damaged or stolen. Depending on the plan you purchase, this can include items like furniture, clothing, electronics, and jewelry.

Additional Living Expenses:

This type of coverage helps pay for additional living expenses that may arise from an insured peril like a fire or flood causing significant damage to your home such as hotel stays and restaurant meals.

Give Us A Call

For more information, call Peninsula Underwriters Insurance Agency today. We proudly serve the Gainesville, FL area.

Why should I get home insurance in Florida?

Being a property owner in the Gainesville, FL area has continued to be a good housing option. When you are going to own a property here, you will want to know that you are also covering and protecting it as well as possible. One of the ways that you can do this is by getting home insurance.

There are various reasons someone here should get this insurance:

Protect Your Home

A reason that you should have a home insurance plan when you are here is so you can protect your home. A full home insurance policy offers coverage that will provide support if your home is damaged due to bad weather, fire, vandalism, or other situations that result in a loss. Without insurance, the costs to fix these damages can add up quickly. Home insurance offers the support you need to cover these damages. 

Meet all Requirements and Standards

You also should consider getting a home insurance plan so you can meet all requirements and standards for insurance. If you are a property owner, there is a good chance that you have taken out a mortgage and you may also live within a home association. In both of these situations, you will likely be required to carry insurance. If you have this coverage, you can remain in compliance with any obligations. 

Contact Us Today

Having insurance in place at all times on your home is very important. If you are looking for a new plan in the Gainesville, FL area, it would be helpful to call the team at the Peninsula Underwriters Insurance Agency. The professionals with Peninsula Underwriters Insurance Agency know how important this coverage is. We will give you an overview of your options and provide any support needed to build your next plan.  

Why Parents Should Consider Umbrella Insurance

Peninsula Underwriters Insurance Agency wants to help our Gainesville, FL clients know how best to protect their financial future. Learn how umbrella insurance works and why parents benefit from its protections. 

What is Umbrella Insurance? 

Umbrella insurance is, in a nutshell, excess liability protection. Damages may occur as a result of an auto accident, at home, or out in the world. This coverage protects the policyholder and household members, including liability protection for your children. Umbrella insurance offers protection against: 

  • Excess liability for injuries. 
  • Excess liability for property damage. 
  • Malicious prosecution. 

Why Should Parents Consider Umbrella Insurance? 

If you have children, you have increased risk. Children invite friends over who may be injured on your property while playing. Kids may toss a ball over the fence and throw a neighbor’s window. A birthday party you host results in food poisoning cases, and you are sued. In all of these cases, you’d have a financial obligation to pay for the medical bills or neighbor’s repairs. You also have a solid reason to want to protect your financial assets. 

Financial Assets Are At Risk

If you are deemed liable for significant damages, many financial assets are vulnerable to seizure to pay your liability. These include:

  • Property
  • Autos
  • Financial assets
  • Future income

Having an umbrella policy is one way to protect your family’s future and financial stability. As a rule of thumb, consider umbrella insurance if your assets exceed the limits of your existing liability coverage. 

Contact Us Today

If you’d like to understand what umbrella insurance can do for you in the Gainesville, FL area, Peninsula Underwriters Insurance Agency is here to help. Our knowledgeable agents can answer all your questions and help you make the best choices to protect your assets against an uncertain future. 

Will my renters insurance cover the sofa that my dog damaged?

Renters’ insurance is a practical way of protecting your belongings as a renter. It covers a wide variety of different circumstances that include theft, vandalism, and more. The Peninsula Underwriters Insurance Agency takes pride in helping Gainesville, FL residents understand why renters’ insurance can be a beneficial investment.

What is Renters’ Insurance?

Renters insurance provides coverage for your belongings in the event that something happens to them while living in a rented space. Renters’ insurance protects your personal belongings in any rented space, including a home, condo, or apartment.

Your coverage will pay for the repair or replacement in the event of covered perils. These perils include liability, theft, fires, vandalism, sewer backup, and more.

Your rental insurance policy can also include other options that can be added at your request. For example, some renters’ insurance policies offer coverage in the event that you have moved out of your rental for a repair. Your renters’ insurance may pay for a hotel stay if you must for a repair. There are additional options that can be added to a renters’ insurance policy. A licensed agent can discuss your options with you.

Will My Renters’ Insurance Cover The Sofa That My Dog Has Damaged?

The short answer is "no." Renters’ insurance is designed to cover specific situations and circumstances that are clearly outlined in a policy. Obviously, this means that situations that fall outside of the outlined covered perils won’t be compensated for. Unfortunately, pet damage isn’t a covered peril in a renters’ insurance policy.

Contact Us Today

If you’re interested in renters insurance and have questions, call us at Peninsula Underwriters Insurance Agency in Gainesville, FL. We’d be happy to answer all of your questions.

What You Need To Know About Mobile Home Insurance

Mobile homes provide a great housing option for millions of people. Mobile homes are affordable and are often a quick way to get established in your own home. Mobile homes require special insurance coverage. At Peninsula Underwriters Insurance Agency, serving Gainesville, FL and the surrounding areas, we can help you find the perfect insurance policy for your mobile home. 

Special Considerations For Mobile Homes

Mobile homes are not built the same way traditional houses are built. There are some risk factors that affect mobile home differently than regular homes. This does not make mobile homes a substandard housing option, but it is a factor that must be considered when creating insurance policies. 

You can speak with an insurance representative concerning the factors that are considered for mobile home insurance. 

What If I Don’t Get Insurance?

It is often required that insurance is in place if you are buying a mobile home through a mortgage. Even if you are not, it is still the best way to protect the investment you are making. 

What Is Covered?

The mobile home insurance policy will provide coverage in the following areas:

Property damage– If the home is damaged or lost due to fire, natural disaster, or burglary, the policy will help to pay for repairs or replacement. 

Liability– If someone is injured in the home or on your property, liability coverage will pay for expenses that may result. 

If you fail to have insurance on your mobile home, you will be responsible for any repairs or replacement of the home. You may also be liable for any medical expenses or legal fees resulting from someone getting injured. 

Get Mobile Home Insurance Today

If you would like to learn more about our services, please contact us at Peninsula Underwriters Insurance Agency, serving Gainesville, FL and the surrounding areas. 

Do you always need flood insurance in Florida?

When you are a property owner in the Gainesville, FL area, you will benefit in various ways. While you will enjoy the long-term value appreciation that comes here and having a stable place to live, there are risks that should be mitigated with insurance. A type of coverage to consider getting here is flood insurance.

There are various reasons someone will need this coverage:

Protect Assets

An important reason that someone in this part of Florida will want to have flood coverage is so they can protect their assets. Those that would like to own property are going to make a major investment in their future. If you do not have proper insurance, you could lose your investment or be required to make major repairs to protect it. Flood insurance will directly help you protect yourself against the risks associated with flood damage. 

Meet Insurance Requirements

While you will want to have a flood insurance plan to protect your home, an added benefit of coverage is that it will help you meet any insurance requirements. Any mortgage lender will run searches on your home to see if it is in a flood zone. If your home is in a flood zone, they will require that you carry food insurance, and keeping the insurance will help keep you in good standing. 

Give Us A Call

If you are going to invest in a home in the Gainesville, FL area, having the right insurance is important. When determining if flood coverage is right for your situation, it would be helpful to call the Peninsula Underwriters Insurance Agency. There are many choices to make when looking for this insurance and Peninsula Underwriters Insurance Agency can help you evaluate your options and build a plan that gives proper support and keeps you in good standing. 

What Are The Consequences Of Driving Without Auto Insurance?

According to research, one in eight drivers is uninsured. That means that if you’re in an accident, there’s a 12.50% chance the other driver doesn’t have insurance to cover your damages. What these drivers don’t realize is that there are serious consequences for driving without auto insurance. Peninsula Underwriters Insurance Agency in Gainesville, FL is here to help you navigate this important coverage.

The consequences of driving without auto insurance and how it can impact you and your wallet:

1. Your License May Be Suspended

If you’re caught driving without auto insurance, your driver’s license may be suspended. Depending on your state, the length of the suspension may vary. In Florida, for example, your license will be suspended for three years if you’re caught driving without insurance and cause an accident. If caught a second time, your license will be permanently suspended.

2. You May Be Fined

In addition to having your license suspended, you may be fined if caught driving without auto insurance. The amount of the fine will vary depending on your state. In Florida, the fine for driving without insurance is $150 for the first offense and $250 for the second offense.

If you cause an accident while driving without insurance, you may be subject to additional fines. To avoid these fines, get sufficient insurance from Peninsula Underwriters Insurance Agency.

3. You May Be Sued

If you cause an accident while driving without insurance, the other driver may sue you to recover damages. If the other driver is injured, they may sue you for medical expenses. If their vehicle is damaged, they may sue you for repairs. If they miss work due to their injuries, they may sue you for lost wages. If you’re sued and don’t have insurance, you’ll be responsible for paying the damages out of your own pocket.

Give Us A Call

Driving without auto insurance is a risk that is not worth taking. If you’re caught, you may be fined, your license may be suspended, and you may be sued. Peninsula Underwriters Insurance Agency in Gainesville, FL can help you find the right auto insurance policy to protect you and your assets. Contact us today for a free quote. We’ll work with you to find a policy that fits your needs and budget.