How Life Insurance is Financial Protection For Your Family

Life can be a cruel game. Quickly, everyone learns that you won’t be able to care for your family forever, but having life insurance is one of the great tools for financially protecting their future. Runnels Insurance of Brandon, FL can help you learn more about the coverage benefits, which keeps your family safe and secure from the unexpected. 

Life insurance should provide some peace of mind for a family in the area of financial protection at the time of a loved one’s death. The coverage benefits offer assistance with mortgage payments, health care bills, pending debt, and child care.

How Financial Security is Gained

Upon agreement, many fail to realize that purchasing a life insurance policy isn’t for them personally. Instead, the coverage is financial protection for their family. The policy is designed to give a spouse, children, parents, or siblings some sense of financial security at the time of your death. The goal is to maintain your family’s current standard of living without the sudden absence of income. Still, the wording of the life insurance policy itself must be explicit in order for your beneficiaries to gain all of the benefits from the coverage provided. 

Understanding Life Insurance Coverage

Life insurance is a viable source in repaying outstanding debts that pertain to your death. Usually, the coverage will pay for all funeral and burial costs as it will put an immediate financial strain on your grieving family. Life insurance can assist with paying pending bills from a lengthy health-related disease that you bravely fought until your death. Often, the medical bills are quite substantial and leave a family in financial disarray. 

Using Cash-Value of a Life Insurance Policy

The coverage found in most life insurance policies can provide some cash-value for the family while you’re alive. You can borrow against the policy for a loan on a down payment for a home, college tuition, and initial investment for a new startup company. The cash value can be used at your discretion, but the loan must be paid back before your death. If not, then the outstanding balance and interest will be deducted before the death benefits are paid out to your family. 

Take an opportunity to speak with a representative from Runnels Insurance of Brandon, FL and discuss the different life insurance policies available on the market today. Their experience can help with customized coverage that fits your insurance needs. It’s all about securing financial protection for your family.

Umbrella Insurance Coverage Specifics for Brandon, Fl Residents

Umbrella insurance is for you if you have any items of value. If you are sued for a situation that occurred on or in your property that resulted in an injury, umbrella insurance helps with legal expenses and protects you if you lose your case. We offer a variety of insurance options at Runnels Insurance. Here is what you need to know about umbrella insurance.

Umbrella Insurance Coverage for Brandon, FL Residents

How Does Umbrella Insurance Help Protect Your Assets?

Umbrella insurance helps protect your assets by:

  • Providing extra coverage when your insurance policies for auto, homeowners, and boat coverage limits are exceeded
  • Providing extra coverage for claims that are not covered by liability policies

What Are the Specific Umbrella Coverages for Florida Residents?

Umbrella insurance coverage is for:

  • Injuries
  • Personal liability situations
  • Property damage
  • Lawsuits

Umbrella Policy Coverages

Bodily Injury Liability

Bodily injury liability covers:

  • An at-fault accident that results in a severe injury
  • Dog attack accidents when your dog is at fault
  • A guest falls in your home
  • A neighbor’s child(ren) is injured while playing on your property

Property Damage Liability 

Property damage liability covers:

  • The cost of damage to someone’s tangible property
  • The loss of someone’s tangible property

Rental Property Damage for Property Owners

Property owners can face a variety of liability situations, and umbrella insurance helps with the liability costs of someone suing you due to:

  • Someone injuring themselves due to a damaged sidewalk of your rental property
  • Your tenant’s dog biting someone and you, the landlord, are held responsible for the damages

Other Situations an Umbrella Policy Can Cover

Other situations an umbrella policy can cover include:

  • Slander
  • Libel
  • False arrest
  • Malicious prosecution
  • Shock/Mental anguish

How Can Runnels Insurance in Brandon, FL Help?

Runnels Insurance provides a variety of insurance coverages, including insurance for your condo, home, auto, flood, life, and umbrella insurance. We take pride in providing excellent service and putting our customers first. Contact us today to learn more about our insurance coverage options.

Is Condo Insurance Different from Home Insurance?

If you own your own condo in Brandon, FL, you might wonder what the difference is between home insurance and condo insurance is. After all, they’re both residential properties that you have a deed to. Runnels Insurance wants you to know the fundamental basics of both types of policies, so you know what’s covered. 

The Coverage Is Different 

With condo insurance, your personal property and liability are covered. So if your things are vandalized or stolen, you’ll be able to file a claim for replacement up to the limits of your policy. And if you’re accused of being at fault for accident or injury by a guest, then you’ll be able to file a claim for this as well (again, up to the limits of your policy). However, when it comes to the building that you live in, the insurance for this is typically managed by a separate policy. 

The Ins and Outs of Condos 

From the common areas that all condo owners share to the exterior structure of the building, it’s usually an association of some type that will make decisions for the rest of the building. It’s the board that will make the purchase of these policies, and they will also determine how much individual responsibility each condo owner has in the case of repairs or replacements. If you have condo insurance in Brandon, FL, you may want to verify what’s expected of you so you’re not left with charges you can’t afford. 

If you have questions about your insurance policy and whether you have enough coverage, Runnels Insurance is here to be of service. We can help you decide whether you need further protection based on both your current policy and the protocol of the current association of your condo. 

Motorcycle Insurance: Preparing For Spring

Spring is around the corner and if you are a bike enthusiast, this is the best time to get your motorcycle ready. The most important step is to renew your motorcycle insurance if it has expired. Remember, this is not an option. It is a necessity, or you’ll be on the wrong side of the law.

There are several types of motorcycle insurance coverage, but while some are mandatory, others are optional. We’ll focus on the state-mandated coverage here. The mandatory types of coverage for your bike are:

  • Personal injury protection
  • Uninsured motorist coverage
  • Property damage liability
  • Bodily injury liability

Personal injury protection

This coverage pays your medical bills if you sustain injuries from a motorcycle crash. That’s if the crash is your fault or it’s a hit-and-run case. Remember, if you were knocked down by a motorist, the motorist is legally obligated to pay your medical bills.

Uninsured motorist coverage

In case you get knocked down by an uninsured motorist, this coverage will fix your motorcycle or replace it completely, depending on the condition of your bike after the accident.

Property damage liability

If you run into another road user, like a motorcyclist or a motorist, this coverage will repair the damaged property, but it must be established that the damage was your fault. Now, you’re probably wondering if this covers the treatment of the injured road users. No, this coverage does not include that, but there’s another type of coverage for that.

Bodily injury liability

This is the coverage for the bodily injury you caused any other motorcyclist, motorist, or pedestrian. You can’t be too careful. Everybody makes mistakes. You don’t want a second’s mistake wipe out your savings or plunge you into debt.

From the types of coverage outlined above, it is clear that purchasing mandatory motorcycle insurance policy will give you peace of mind. It is in your best interest. For more information on motorcycle insurance, contact Runnels Insurance in Brandon, FL.


Is Boat Insurance Required for Me in Brandon, FL?

The Brandon, FL area is a great place for anyone to live that loves sun and warm weather. Additionally, there are many local waterways where you can enjoy these nice warm days. Because of this, it also continues to be a great place for someone that wants to buy a boat. If you are looking for a boat in this area, you should also spend time considering your insurance needs. There are several reasons why someone may be required to carry boat insurance. 

Local or Private Requirements

One situation when you may be required to have boat insurance is if it is a local requirement. Many private marinas and local waterways have instituted their own regulations when it comes to boat insurance. It is important to check these local regulations to see if it is required for you to carry this form of insurance. 

Lender or Lessor Requirements

Since a boat can be a very big purchase, many people choose to buy or lease their boats with financing. If this is your case, you are undoubtedly going to need to have a boat insurance policy at all times. The lenders may require that you provide evidence of your coverage on an annual basis to ensure that you are carrying the insurance necessary to protect their collateral.

When you want to buy a boat in Brandon, FL, you should make sure that you speak with an expert about your insurance needs. Runnels Insurance is a great resource that you can use to better understand all of your insurance needs and options. Runnels Insurance can work with you to determine your exact needs based on your situation and then help you get into a policy that will provide the right type and level of protection. 

Must Have Condo Insurance Protection for the Holidays

If you’re entertaining in your condo for the holidays, make sure you’re protected against the risk of holiday accidents. Condo insurance from Runnels Insurance in Brandon, FL will protect the interior of your unit and your contents against theft, fire and other disasters that can derail your holiday season. Condo insurance can also protect you against liability claims should a guest get injured while visiting your condo. Here’s how condo insurance can protect your interests during the holidays.

Structural Protection

Structural coverage for your individual condo unit will protect such features as ceiling, walls, carpeting/flooring, cabinets and other built-in structures in the event of a fire, storm damage, wind damage or another disaster. If a grease fire damages walls, cabinets or flooring in your kitchen, for example, your insurance will help pay for repair costs. Holiday parties increase your risk of kitchen fires and other types of accidents. With condo insurance, you can be prepared against any eventuality.  

Contents Protection

Holiday celebrations can also lead to accidental damage to personal property.  A careless guest can spill wine on your Oriental rug or boisterous children can break expensive items that are costly to repair. Contents insurance protects your personal goods against damage or theft so you don’t have to break into your savings to cover these losses.  

Liability Protection

Alcoholic drinks are often served during holiday parties, which can increase the risk of accidents. If a guest trips and falls down the stairs due to having one too many drinks, he could sue you for damages.  Liability insurance helps pay for the medical expenses of visitors who are hurt on your property. It also covers your legal costs if a guest decides to sue for damages.

For comprehensive condo insurance coverage to protect you during the holidays, call or visit Runnels Insurance in Brandon, FL today.

How to Choose the Best Motorcycle Insurance Policy for Your Needs

Motorcycle insurance is a necessity before you take your bike out on the highway. Insurance is important for your financial protection because accidents can be very costly. If you are in Brandon, FL, the agents at Runnels Insurance can provide the coverage you need. 

Liability Coverage

Liability coverage may be required. This covers any expenses others incur as the result of an accident with you. In addition to standard liability, if you plan to have passengers you will need to make sure they are covered as well. You may need to choose an add-on to a liability or full coverage policy to cover anyone who is riding with you.

Collision and Comprehensive Coverage

You should consider your needs for collision and comprehension coverage. If you have a lot of money invested in your bike or have a lien on it, this coverage is essential. It will cover any damages due to an accident, in the case of collision, or in the case of things like fire and theft with comprehensive coverage. You should also discuss the value of your motorcycle with the insurance company, and make sure that you are in agreement before you accept a policy.

Custom Parts

If your bike has custom parts, you will want to make sure they are covered as well. Custom parts can be very expensive, and not all policies will cover them. Check with your insurance provider to see if you need to provide proof of custom parts ahead of time. 

If you need motorcycle insurance in Brandon, FL, contact Runnels Insurance. Our agents will be happy to speak with you about your coverage requirements and help you choose a policy that meets your needs. 


What Brandon FL Boat Owners Know About Enjoyable Trips

Serving the Brandon, FL area, Runnels Insurance is proud to work with boat owners and those looking to make a purchase of a new watercraft.  The planning for insurance can be simple with boat ownership and the staff is able to answer any questions about the process.  Purchasing a boat can be one of the most incredible experiences and owners can appreciate a simple way of getting organized with insurance.  Those enjoying their boats in the Florida area can understand the importance of comfortable weather and the numerous opportunities for recreation. 

Planning for trips can also be a nice part of boat ownership.  Some people get more comfortable with the prep work and clean up process after working through it a few times.  Simplifying the plans for having everything organized can actually be part of the enjoyment.  Keeping the boat equipment together and ready to be used again is a simple way to get more excited about taking more trips.  When packing, it might be easier to travel lite with a planned out way of organizing everything.  This can make it much simpler to unpack and clean everything.

Boat ownership can be enjoyable with each trip as something people can appreciate.  Appropriate planning can help make sure everyone is pleased to go out and enjoy the water.  Those looking to purchase a boat can also understand easily that Brandon, FL has much to offer with areas to visit after getting their new purchase.  Opportunities for recreation are impressive and Runnels Insurance is pleased to help boat owners take care of any insurance needs.  The friendly staff is experienced working with those purchasing a new boat.  You can contact the company to get more information or visit the website for Runnels Insurance.

Safety Tips for Seniors Traveling by RV

One of the most popular ways for seniors residing in Brandon, FL to travel is by way of an RV. A recreational vehicle is a great way to visit the places you’ve always wanted to visit and it’s a great way to travel on a budget. Even seniors’ traveling alone has become more common, but it’s important to keep yourself safe while on the road. To ensure you have a fun and safe trip, Runnels Insurance has put together a few helpful tips for your next adventure.

RV Maintenance

Before hitting the road, it’s essential that you make sure the RV is going to be safe while you’re out and about. Be sure to have the tires inspected and routinely check the air pressure while you’re traveling, have the oil and other fluids checked and topped off, check the windshield wipers and be sure to have the brakes checked. It’s also recommended that you have all of your insurance and roadside assistance information with you at all times while traveling.

Choosing Campgrounds

Before you put the RV in drive, map out your trip, including information about each campground you will be parking in. Before making reservations at a campground, do your research to ensure the campgrounds aren’t too far off the beaten path, have access to water and power and that they can accommodate your RV.

Before leaving, make sure you give all of your trip information to a family member or friend. You should include the route you are planning to take, the name and location of each campground and when you intend to return home. Remember to verify that your insurance is order, especially roadside services.

Residents of Brandon, FL interested in insuring their RV should contact Runnels Insurance.

Am I Covered In A Flood?

Flooding might not be as much of a concern in some states as it is in others. With a drier climate and higher elevation, flooding is rare but is far more common in coastal states like Florida. Certainly, it’s something that we need to think about in Brandon, FL. In Florida, you never know what storm season will bring, and we have environmental hazards in addition to typical plumbing concerns.

So here’s the question:

Flooding: Are You Covered?

The truth about flood insurance is that some homeowners policies will cover it, and by some, we mean "very, very few." As a general rule, your homeowner’s policy won’t protect you against a flood.

The only way to know for sure: Sit down and read your insurance policy. It’s a good idea to take the time to really read your policy front to back anyway. Insurance is a "just in case," so you need to know what your provider is prepared to handle.

Flooding might not be covered for a number of reasons. One of those reasons being that flooding is a complicated area. Flooding isn’t just the initial damages, but long term damages, as well. A flood might not do any major damage at first glance but may result in mold and deterioration over time.

If you’re not covered against a flood, you certainly do need to seek coverage. This type of protection may not be requisite in some states, but it is simply a necessity in Brandon, FL. If you’re looking to upgrade your plan to include flood damages, get in touch with Runnels Insurance and let’s see what we can do for you.