Harris, Reed & Seiferth
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 Damages To Premises Rented To You is limited liability coverage for fire damage to a landlord's property that your business accidentally causes, while Commercial Property insurance is a broader policy that covers the rented or owned structure, the business's owned physical assets and improvements. The former is part of a general liability policy and covers what you are liable for, whereas the latter covers the structure, your owned property, such as inventory, furniture, and any improvements you've made to the space.
Damages To Premises Rented To You (under General Liability)
Commercial Property Insurance
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What does it mean if an exclusion for used vessels and equipment applies only to Products/Completed Operations coverage, not standard GL? If a Products/Completed Operations exclusion for used vessels and equipment doesn't apply to the standard General Liability (GL) coverage, it means you are still covered for incidents involving those items that occur while the vessel or equipment is still in your possession or the project is ongoing, but not if those same issues arise after you've sold the product or finished the work. The exclusion, in this specific case, is limited to incidents that happen after the products have left your possession or your work is completed.
Here's a breakdown of the distinction:
In essence: The exclusion limits your insurer's liability specifically for problems arising from those used items after they've been sold or the associated work is finished. You retain coverage for incidents involving those items occurring during the course of your business operations and while still in your possession or the project is ongoing.  The votes have been counted and the results are in! Harris, Reed & Seiferth Insurance Group is a 2023 Best of Florida® Regional winner in Guide to Florida’s annual readers’ poll. Guide to Florida readers and editors have weighed in on the best of everything in Florida, honoring thousands of businesses and organizations in more than 25 broad business and community sectors. The process starts with a nomination on the Guide to Florida website. Voting remains open throughout the year, with tens of thousands of votes ultimately received. The process culminates with the publishing of the Best of Florida Keepsake Annual along with a statewide publicity campaign.  Best of Florida winners and nominees are chosen by a combination of readers’ votes and editors’ input, and are vetted through several ranking sites, Better Business Bureau complaint reports, and voting pattern analysis reports.
Winners are named in hundreds of individual categories, providing Guide to Florida readers with a go-to-guide for the best of everything in Florida. Guide to Florida recognizes three levels of winners: The Best of Florida, Best of Florida Regional Winners and Honorable Mentions. Within each category, there are multiple honorees named in each tier, depending on the size of the market sector. You can view the full list of Best of Florida winners at GUIDEtoFLORIDA.com/best-of/  Do you own a boat and are you looking for insurance coverage but don't know where to start? If can seem overwhelming at first, and that's why it can be a good idea to seek advice from an insurance agent. We spoke with a marine product manager to gain some insight on boat insurance, and they recommend five important questions you may want to ask while shopping around.
1. Do I need insurance for my boat? "Some people may think that their boat is adequately covered through an endorsement on their homeowner's policy. Worse yet, they don't carry any coverage at all. Boat owners should look for a specialized insurance policy that offers the coverages that fit their boat and lifestyle. It's better to be prepared and have it insured for peace of mind while on the water." 2. Will my personal property be covered? "Buying life vests, water skis and fishing gear can really add up. A good policy will not only provide coverage for all of this equipment, but also for other personal property on board." 3. What discounts are available? "There's a variety of discounts a customer could qualify for, like a multi-policy discount if they insure more than just a boat with the same company, or a multi-unit discount if they insure more than one boat. Discounts will help a customer save money on the policy's premium." 4. Is towing and roadside assistance available? "A day of fun in the sun could easily be ruined if the boat breaks down while on the water. This is a great coverage to add to a policy and covers either the cost of certain emergency fixes at the point where the boat broke down, or the cost of towing the boat to nearest repair shop. Towing and assistance should also apply to the trailer if it breaks down while towing the boat." 5. Is the type of boat I have eligible for insurance coverage? "There are many different kinds of boats — pontoons, open bow, fishing boats, cabin cruisers—and even more things to consider like speed, length, value and use of the vessels. That's why it's important to make sure your agent knows all these things up front, even how you will use your boat. Your agent can help you get the insurance coverages that are just the right fit." Looking for boat insurance? Get a quote today by clicking here. Source: https://www.foremost.com/learning-center/five-questions-to-ask-about-boat-insurance.asp  Hurricanes. Just the thought of them can make a person tremble in fear. Whether you've experienced a hurricane yourself or you've just heard about their destructive patterns, these bad boys know how to make their name heard. The technical definition of a hurricane is a tropical cyclone with maximum sustained winds of at least74 mph. A major hurricane is a tropical cyclone with maximum sustained winds of at least 111 mph. To put that into perspective, imagine sticking your head out the window of a car as you travel down the highway - that's the speed of wind you would be up against during a low-scale hurricane. Sound scary? It is. By knowing your vulnerability and what actions to take, you may be able to reduce the effects of a hurricane disaster.
Hurricane season runs June 1 through November 30. Foremost wants to share some tips to ready your home and family prior to a severe storm, may it hit. It's never too early to:
Stay safe through these storm seasons! Your safety is number one to us. Source: https://www.foremost.com/learning-center/more-storms-to-come-during-hurricane-season.asp  What do outdoor adventures look like for you? Whether it's an ATV, UTV, dirt bike, dune buggy, golf cart or other off-road vehicle (ORV), you'll want to make sure you have the right type of insurance coverage to protect your toys. It's important to ask your independent insurance agent the right questions about what type of coverage you're seeking and customize it to fit your lifestyle. To help you get started, we put together the following list of questions after speaking with Kevin Henry, the Director of Product Management at Foremost® Insurance.
1. What typical coverages are available for ATV/UTVs? "Ask your agent or broker about standard coverages that are available, as well as optional ones you might consider," says Henry. "Standard coverages include Collision, Other Than Collision, Liability and Medical Payments. They help provide coverage for damage to your ATV itself or damage or injury that you may cause while riding your ATV." 2. Is my safety apparel covered? "Whether it's helmets, goggles or other clothing that helps minimize injuries from an accident, most companies will offer safety apparel coverage for when these things get damaged," says Henry. "We want riders to be as safe as possible while enjoying the outdoors, so we encourage wearing safety gear." 3. Is there optional equipment coverage available? "Most people have customized or added options to their ATVs," Henry explains. "Optional Equipment coverage helps cover things like towable trailers, racks and winch kits for your ATV." 4. Am I able to insure my ATV/UTV year-round? "Year-round coverage is definitely something you may want to consider," answers Henry. "Some policies have a lay-up period for colder weather when you may not be able to ride. But when an unusually warm day comes around and you want to take your ATV out, you might be stuck without coverage. A year-round policy lets you take it out whenever Mother Nature's providing good weather and, with some companies, you can do this for the same price as seasonal coverage." 5. What kinds of discounts are available? "Everybody wants to save money," Henry shares. "Ask what's available for you. Some companies, like Foremost, offer discounts for things like multi-units, multi-policies, maintaining continuous coverage when you renew and for having prior off-road vehicle insurance." Your safety is number one to us. Stay safe wherever you choose to go on your off-road vehicle. Looking for ATV insurance? Get a quote today by calling 561-768-8176 to speak with a licensed agent. Source: https://www.foremost.com/learning-center/top-questions-to-ask-about-off-road-vehicle-insurance.asp  As of July 15, 2022, all Southern Fidelity insurance policies are canceled. If you are a former Southern Fidelity Insurance customer, Harris, Reed & Seiferth Insurance Group can help with the transition. Simply call 561-768-8176 for assistance. Below find everything you need to know about this change and how we can help you transition to another policy that meets your needs. Liquidation of Southern Fidelity Insurance Company
On June 15, 2022, Southern Fidelity Insurance Company (“SFIC”) was ordered liquidated by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services (“Department”) is the court appointed Receiver of SFIC. A copy of the liquidation order for SFIC is available on the Department’s website, www.myfloridacfo.com/division/receiver. Please be informed that:
FLORIDA POLICIES: Citizens Property Insurance Corporation (“Citizens”) may be able to offer coverage. Citizens is prepared to write eligible policies if, after a good-faith search, agents cannot find coverage in the private market. Because of hurricane season and the short time between the liquidation of Southern Fidelity and the policy cancellation date, Citizens is working to make this easier. Citizens is prepared to:
Open Claims: If the insured property has unrepaired damage, property owners will need to take steps to repair it, have a contract for repairs, or otherwise demonstrate insurability. Submitted applications unbound for approval must include the following documentation:
Call Us Today For An Affordable, Quality Policy Harris, Reed & Seiferth Insurance Group can help you transition to an affordable, quality insurance policy that meets your needs. Please call us at 561-768-8176 and reference your SFIC policy so that our agents can assist you.  Transitioning from a home where you have roots in one place to a full-time life on the road is a drastic change, but there are many things that draw people to this “nomad” lifestyle. It could be the flexibility, the love of traveling, or maybe you just want to get out of your comfort zone and try something new! Whatever the reason may be, if you’re preparing to be an RV full-timer, kudos for having the courage to embrace this exciting lifestyle change. We know it can be overwhelming to think about the details involved with living full-time in an RV, and your choice to welcome the open road may seem impulsive to others, but that’s okay. Life is short, and who knows … you may end up regretting not doing this sooner! Here are some tips to help you prepare for living in an RV full-time. Become a Minimalist. Adapting a minimalist lifestyle often requires major changes. You’re probably going from a normal-sized home to a roughly 270 square foot space, which forces you to ask: “What do I really need?” To determine this, start by writing down everything you want to bring, then write another list of everything you actually need. This will help you visualize and prioritize your possessions. Bring all the necessities, of course – clothes, toiletries, shoes, cookware, etc. However, you won’t nee d 10 pairs of boots, or the many t-shirts that have been sitting in your drawers for 2+ years, or 20 drinking glasses that you currently have in your kitchen. You may need to make some tough decisions, but take this opportunity to de-clutter your belongings. Make a “take” pile and a “donation” pile. It’s always a good idea, even if you aren’t planning to RV full-time! Go Paperless. Life on the road means you won’t be home to pick up your mail and see if you received any bills. Move all of your bills (cell phone, medical, credit cards, auto insurance, etc.) to automated billing so you don’t need to worry about it. Once you make the switch, you should get all notifications for your bills via email moving forward. Plus, this helps save the environment! Sell or Keep Your Home? This brings us to our next question – will you make the commitment to sell your home and have your RV be your only residence? This depends on how much you plan to travel throughout the year. Also, can you afford to keep your home while traveling? You will still have your mortgage payments, maintenance on the home and other obligations. If you decide to keep your home, there’s always the option of renting it out so you won’t have to worry about any mortgage payments. If you don’t start renting, make sure you have someone regularly stopping by your home to get the mail and take care of any maintenance needed as the seasons go by. If you do decide to sell your home or cancel a lease, you will need to choose a domicile state and receive mail. Getting a domicile means you are choosing a state for your legal residence. This state will be listed on your driver’s license, where you purchase your health insurance, where you can vote and where you will accept mail. (There are lots of mail-forwarding services that will set you up with a street address so you can officially establish residency. This is helpful because a P.O. Box address will not be accepted as your legal residence). The best states for full-time RVer domiciles are Texas, Florida or South Dakota.* People usually choose these states because they are income tax-free! Selling your home will also allow more financial freedom for your RV travels! Get that estate sale ready, or find a storage unit to put all of your furniture in, just in case you ever want a break from the RV life. Determine a Monthly Budget. You may think you’ll be saving a lot of money when you live on the road – but you will be surprised. Since your expenses will be drastically different from when you lived in a home, you need to budget and keep track of everything you spend. Things like campsite fees, eating out frequently, gas and unexpected RV repairs can add up. Once you get a good idea of how much you’re spending each month, you can adjust your budget accordingly. Purchase Full-Time RV Insurance. Since your RV will be your permanent residence, you need a specific type of insurance coverage called “Full-Time RV Insurance.” You will be covered against liabilities, Additional Living Expenses, medical expenses in the case of an accident and more! Contact one of our local agents today to get more information on how you can get covered, so you can enjoy your travels across the U.S., or start an RV quote now! Stay Connected with Family and Friends. Communicate with your friends and family on a regular basis. (They will miss you!) It’s also a good idea to let a few people know your current location and where you’re headed next on a regular basis, just in case of an emergency. To make your loved ones feel like they’re part of your adventure, post pictures frequently on social media or send them via text or email. It will let everyone know you and your companions are safe, and also allows you to stay connected with everyone even when you’re not physically with them. Enjoy Every Minute. Living life on the road is a once-in-a-lifetime experience. You will see amazing things, meet one-of-a-kind people and make the best memories. Don’t take it for granted! With traveling, you will always run into some bumps in the road – but that’s part of the journey. Don’t let it discourage your long-term goals. You’re not tied down to a routine now, so enjoy the freedom and independence that comes with RVing full-time. Stay safe and happy travels from Foremost! Source: https://www.foremost.com/learning-center/a-guide-for-full-time-rv-living.asp
*https://www.moneycrashers.com/rv-living-choose-domicile-state-get-mail/  I can only imagine a few things worse than waking up in the morning and discovering the unexpected – you've been robbed! You may feel violated, and then angry…and then confused. You might think, "Who would do this, and how did it slip right under my nose?" If this has ever happened to you, don't feel bad; it can happen to anyone – at any time. According to the FBI's most recent property crime report, nearly 8 million homes reported property crime offenses in the U.S. in 2016 alone, and that includes neighborhoods where the crime rate is very low. I've rented since college and haven't had an issue with my safety, or experienced a burglary in any of my apartments. I am always careful to lock the front and patio door before going to bed. But, I did slip up recently. I was so exhausted I fell asleep on the couch and forgot to lock the door! Luckily, I woke up in the middle of the night to get water and noticed the door was unlocked. Since I've never lived alone before now, I felt scared and anxious - and immediately locked the door. I couldn't believe I had put myself at risk like that, especially because I consider myself very cautious and aware of my surroundings. After my personal safety lapse, I began to wonder what additional security measures I am allowed to take at my apartment complex. I don't technically own the place, so what can I do besides lock my door? I found out there are security measures I can implement in and outside of my apartment to help ensure my safety – and I wanted to share them with all the fellow renters!
Source: https://www.foremost.com/learning-center/protect-your-apartment-from-breakins.asp
 Homes become vacant for many reasons. Maybe your home is for sale but you haven't found a buyer yet. Or you've purchased a new home but won't move in for a while. It could be a rental property that's between tenants. Whatever the cause, there are some insurance risks that you should keep in mind.
You may be thinking, why get vacant home insurance when you already have regular homeowners insurance? Well, most homeowners policies exclude or limit coverage if the home is vacant, so you'll need more specific coverage. Insurance coverage is extremely important for a vacant home, because there are lots of dangers that threaten vacant homes in particular. If you're debating whether or not you need a vacant policy, talk to your insurance agent! Here are some things to ask about: Cost Vacant home insurance typically costs more than regular homeowners insurance due to potential risks like weather threats, fires and vandalism. However, you may be able to get a discount by installing security systems around the house. Even if your insurance company doesn't provide a discount for extra security, it's a good idea that will make your home safer! Coverage Each vacant home insurance policy is different. Many cover damage caused by fires, lightning, wind storms, hail, vandalism and theft. Check with your insurance company to see what options you have. (Remember to ask if flood damage coverage is an option!) There are also different time lengths for policies. Many are 12 months long, but they could go up to four years, so find out what will work best for you. You'll also want to consider Liability coverage, which applies if anyone is hurt on your property and you're found legally responsible. Restrictions Many insurance companies have different definitions of what is vacant and what is unoccupied. Additionally, there may be a specific time length distinction for the type of coverage. Restrictions can also be based on the age or value of the home. Discuss these variables with your insurance agent to find the coverage that works best for you! Still not sure if vacant home insurance is for you? Contact our local agents to learn more and get a quote! Overall, don't be afraid to ask questions about insurance. Let us know if you have any questions in the comments. |
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