Prestige Insurance Group Inc

12750 SW 128 ST Suite 210
Miami, FL 33186

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A guide to motorcycle insurance coverages

Did you know that you need motorcycle insurance to ride a motorcycle legally in Miami, FL? Ignoring insurance laws can get you into serious trouble and your life in danger too. Motorcyclists are vulnerable to the weather conditions and general environment as they are not well-protected like in standard cars.

That’s why Prestige Insurance Group recommends getting proper motorcycle insurance coverages to protect yourself, your bike and other motorists. Here are a few coverages you should consider.

Bodily injury liability

This coverage helps pay medical bills and other expenses related to injuries to other people. It also pays legal fees associated with the injuries in the event of an accident.

Property damage liability

Property damage liability helps pay property owners who may be affected by an accident you caused. It could be the other driver, a property owner on the road or any other road user. The coverage also pays legal fees in case you’re sued.

Comprehensive 

Comprehensive coverage is designed to replace or repair your motorcycle in accidents that don’t involve collisions such as theft, fire, weather damage or other natural disasters. If the bike is stolen, the coverage can help replace it with the same model and year.

Collision

Collision coverage covers claims related to collisions that damage your motorcycle. Whether you collided with another car, tree, rock, pole or even another bike, the coverage helps repair or replace your bike.

Uninsured/underinsured motorist 

Uninsured and underinsured motorist is critical coverage that helps pay your medical bills or repair your bike if you’re involved in an accident with an uninsured/underinsured motorist.

Medical coverages

This coverage pays your medical expenses if you get into an accident. It also covers your passenger.

Need to buy motorcycle insurance in Miami, FL? Prestige Insurance Group is the company to contact. We have the skills, tools and experience to help you choose the right coverages based on your needs, style and comfort. For quotes and other policy discussions, call to book your appointment today.

Why Do You Need Boat Insurance?

While few states require boat insurance, this does not mean that protecting your boat is a bad idea. If you live in Miami, FL, you are not necessarily required to have insurance when you use your boat. Regardless, you are smart to think about buying a policy anyway.

Prestige Insurance Group understands that boat insurance policies can be confusing. Here’s why you should consider taking on a policy.

Homeowner’s Insurance May Not Cover Everything

You may already know that homeowner’s insurance often covers personal property, including sea vessels. What you may not know is that your homeowner’s insurance has a specific cost associated with what it will cover. The full value of your boat may not be covered by a homeowner’s insurance policy.

Boat Insurance Includes Property Damage Liability

When you operate a boat, events can become unpredictable quickly. Property damage liability covers damage a boat causes to another property. This coverage is beneficial for vessels that accidentally spill fuel as well.

Boat Insurance May Come With On-Water Assistance

Many people do not realize that boats also benefit from an on-water assistance package, much like roadside assistance. This can include towing to repair facilities and assistance for disabled vessels.

Boat Insurance Includes Collision Damage

You can choose a boat insurance plan that covers collision damage, which happens when your vessel is damaged in an accident. Collision damage can result from your boat hitting another boat or structure while in use.

Boat Insurance Includes Bodily Injury

Nobody expects to get hurt on a boat, but accidents do happen. Bodily injury liability coverage typically pertains to injuries involved in an accident.

Need Boat Insurance?

Are you considering boat insurance? Prestige Insurance Group, which serves Miami, FL, can help you through the process of choosing the right insurance for your vessel and activities. Contact us or visit our website today for more information.

Why You Might Need Personal Umbrella Insurance in Florida

If you are a Florida resident, you probably have concerns about being sued for anything. In this world, everybody has those concerns. This is what umbrella insurance is for.  

Umbrella insurance is a liability policy with a very high limit. You can have one for yourself, or for your business, but thousands of Florida residents purchase this peace of mind for personal purposes.

At Prestige Insurance Group, we want Miami, FL residents to have fewer liability concerns. Taking those concerns off of your mind is why you might need personal umbrella insurance in Florida.

What is a Personal Umbrella Insurance Policy?

A personal umbrella insurance policy is an insurance policy purchased by an individual for liability protection. In the event you get sued, or are defamed, or experience another personal legal grief, umbrella insurance can protect you. 

Umbrella insurance is a liability policy with a high limit. Limits for umbrella insurance usually start at $1,000,000, but you can purchase as much as you wish. 

Another thing umbrella insurance is used for is to cover some liabilities when your other coverages are capped out. If you are in a car accident or example, and your claim exceeds your auto insurance coverage limits, umbrella insurance can provide the remainder of the claim amount.

Legal Matters Commonly Covered by Umbrella Insurance

Umbrella insurance is often used in the event of lawsuits against you, or that you initiate. You might experience libel, slander, malicious prosecution, or false arrests.
We all think that it can’t happen to us, but then it does happen to someone. That’s what umbrella insurance is for. The trend today in America is to jump towards a lawsuit when something bad happens that can’t be resolved diplomatically. Umbrella insurance is there for you when you need it.

Get a Quote

When you are worried about potential liabilities in a litigious world, umbrella insurance is there. At Prestige Insurance Group, we want Miami, FL residents to feel protected against any potential liability. Call us today for a quote.

Signs You Need Flood Insurance: Protect Your Home and Family

As a homeowner, you may have wondered if you really need flood insurance, especially if you are living in sunny and dry areas. According to NFIP (the National Flood Insurance Program), over 20% of flood insurance claims are from properties considered low risk. You should note that the standard homeowners’ insurance does not cover flood damage; hence, you need to purchase it separately.

According to FEMA (the Federal Emergency Management Agency), floods are considered the number one natural disaster across the United States.  Flooding is caused by several conditions, including hurricanes, heavy rains, spring thaws, among others. Even though there are areas, which FEMA has categorized as high risk and prone to flooding, it can occur anywhere. Even a few inches of water can lead to detrimental damage to your home, its contents, and even your family. 

Learning about the characteristics of a particular property or home is the best way to know if you should purchase flood insurance. Our team of professionals at Prestige Insurance Group based in Miami, FL, has put together the following property characteristic to help you decide.

1. Inspect your home and the surrounding area. Look for places where runoff could enter your house during heavy rains. Your property still needs protection from runoff even if it’s not identified as being in areas prone to flooding.

2. Review all the paperwork related to your home purchase. Inspect the "Natural Hazards Disclosures" to determine whether your property is in an area designated as prone to flooding by FEMA. If you cannot access your closing papers, visit a local post office and ask for the official list of parcels showing the ‘Zone A’ and ‘Zone B’ flood risk category. If your property falls under an area listed as high-flood risk, you need flood insurance.

3. Ask around the neighborhood regarding any flood history in the area. This will help you know if your property is at risk.

Based in Miami, FL, Prestige Insurance Group is an independent insurance agency that will help you find the right insurance policies for your needs to protect your home and family. Visit our website for more information on flood insurance.

4 Benefits of Condo Insurance

Owning a condo in Miami, FL is excellent, but you need to think about condo insurance to protect you and your valuables. Unfortunately, many people forget about condo insurance since they assume they are covered by the condo owners association (COA) master policy. While it’s true that the COA policy protects you, it only extends to common areas and the exterior of your condo unit. Therefore, if theft or fire were to strike, your personal belongings aren’t covered by COA master policy. 

With this in mind, you need condo insurance from Prestige Insurance Group to accrue the below benefits. 

Protect your interior’s dwelling

Since the COA policy doesn’t cover the interior of your dwelling, it’s for this reason you need condo insurance to protect your dwelling’s floor, roof, walls, and fixtures if damage were to occur. 

Loss of use coverage

If a covered peril were to damage your condo unit, you would have to seek a temporal shelter as your dwelling undergoes repairs. In the process, you would incur expenses like hotel food and accommodation that you hadn’t planned for. Thankfully, condo insurance covers expenses beyond your everyday living expenses until your condo becomes livable again.

Liability coverage

Condo insurance can save you tens of dollars in medical costs and lawsuits for injuries happening to guests within your premises. Besides, liability coverage protects you against property damage that you and your family members inflict on other people. 

Protects your assets

Your condo interior wouldn’t look great were it not for assets like furniture, electronics, and other belongings. Unfortunately, perils like fire, theft, and water damage can cause loss or damage to your assets. Without condo insurance, you will have to repair or replace your assets from your pocket.

Condo insurance in Miami, FL

If you would like more information regarding condo insurance, please contact Prestige Insurance Group in Miami, FL. Our team will help you make an informed decision when buying condo insurance coverage.

What could happen if I have a lapse in auto insurance coverage?

The Miami, FL area is a very popular place to move to either full-time or to use as a vacation destination. If you are going to live in this community, you will want to own a car as it can make it much easier to enjoy all that the city and surrounding areas have to offer. Along with owning a car, you need to have insurance coverage at all times. If you allow the coverage to lapse, a few negative situations could occur.

No Protection for Vehicle

If you allow your insurance plan to lapse, you will end up losing your coverage for your vehicle. Having an auto insurance plan is extremely important as it will give the protection you need to repair or replace your vehicle if there is an accident or it is stolen. If you allow your plan to lapse, you could lose this protection.

Violation of Law

All drivers that are in Florida are required to carry liability insurance, which helps ensure you can cover damages that may be caused by an accident. If you allow your plan to lapse and do not renew it on time, you will lose this protection. This could put you in violation of the law, which may come with penalization. 

Having insurance in place at all times is very important. As you are looking for an auto insurance plan in the Miami, FL area, it would be helpful for you to call the Prestige Insurance Group. Choosing the right insurance plan for your vehicle is a big decision and the Prestige Insurance Group can help you by giving the support needed to fully assess your needs and options. The team can help you build a plan that will give the ideal coverage for your situation. 

A Look At The Advantages Of Commercial Insurance

Prestige Insurance Group offers commercial coverage to the Miami, FL community. We are aware that life can take an unexpected turn at any moment. We strive to make sure that our clients are prepared for whatever life brings. We will help you find a custom policy that suits your needs. We proudly serve the community as an independent agency.

The Advantages Of Commercial Insurance

A large part of the success of the Florida economy is thriving businesses. As a business owner, you want to maximize your investment. Commercial insurance is an asset. The policy protects your business in multiple ways. You are covered if any damages occur to your property or inventory. Liability coverage protects you if one of your customers is injured while visiting your business. Here is a closer look at the advantages of commercial insurance.

Protects Your Employees

Your employees are a valuable part of the success of your business. However, an injury in the workplace can cause a lot of uncertainty. The injured party may pursue litigation against you, damaging the short-term progress of your business. The morale of the entire workforce may decline, which causes more long-term problems. You can cover your business against these potential issues with workers’ compensation. Workers’ compensation takes care of your employees if they suffer an injury on the job, which helps protect your business.

Enhances Credibility

Having a strong commercial insurance policy enhances the credibility of your business. It shows everyone that you are serious about operating at a high level. This can help your business attract new customers and the most talented workers on the market. You’ll gain an advantage over your competitors as well.

Prestige Insurance Group Will Help You Protect Your Assets

Visit our website to learn more information about commercial insurance.

Ways to make your home safer

A home is a place where everyone wants to feel safe. It is all about warmth and family. Safety means a lot of different things. It means being safe from things outside your home, but the home itself also needs to be safe. Having home insurance provides the degree of safety homeowners need. At Prestige Insurance Group in Miami, FL, our dedicated team of insurance specialists has years of experience. 

The first thing to do to make your home safer is to do a risk assessment. Consider all the things about your home that are not as safe as they could be. Think about who might be in danger from them and then consider ways to make them safer. 

First and foremost, you want to make sure you have working door locks and you use them. Install safety bars on sliders and have windows locked. Having an electronic home security system is something to consider depending on the neighborhood you live in. Make sure bushes are not tall and close to your home. You want anyone around your house to be visible. 

Inside your home, many things can make it safer. Know exactly what chemicals you have in your home and who they could be harmful to. If you have children, cupboard locks are a must, and you should be aware of any allergies in the family. Many chemicals and detergents are also harmful to pets so take care of your furry friends. 

Home maintenance is also essential. Make sure to get your chimney cleaned before using, change batteries in smoke and carbon dioxide detectors, and have a family plan for exiting your home in the event of an emergency. If you have a pool or trampoline, make sure all safety measures possible are in place. 

If you are in the market for home insurance, contact Prestige Insurance Group in Miami, FL for a free quote. 

Protect your classic car like the investment it is

A classic car is more than just a vehicle. It’s an investment. Classic car insurance allows you to protect your car while also enjoying it. Whether you are a classic car show and rally enthusiast or just enjoy taking your classic car out for a Sunday drive, it’s important to protect your investment. At Prestige Insurance Group, we are proud to serve the greater Miami, FL area’s insurance needs and are happy to offer a range of classic car coverage options. 

Don’t leave your classic car’s protection to chance!

When you stop and think how much care and attention you shower upon your classic automobile, it only makes sense to insure it properly. Because they aren’t like regular vehicles, it is imperative to select a carefully designed policy to cover your classic cars and trucks. 

With an appropriate policy, you will know that your investment is protected no matter how often you drive it, where it is stored, and the number of miles that it has been driven. It makes sense to opt for a policy that gives you the coverage levels and types that make the most sense for your unique situation. Don’t be left with incomplete coverage!

Working with an agent who understands the intricacies of classic vehicles is a must when you have a vehicle that is also an investment. Remember this when it comes time to insure your classic car.

Contact the Prestige Insurance Group Today

If you are in the Miami, FL area and have a classic car (or several!), rely on us to help you find the policy that provides what you need. Protecting your investment is an important part of classic car ownership. Call our office today to schedule a consultation to learn more. 

Partner Carriers

  • AmTurst
  • AmWins
  • Avatar
  • Foremost
  • Hagerty
  • Infinity
  • Mercury
  • Metlife
  • National Flood Program
  • National general
  • Progressive
  • Southern Oak
  • State National